Golden Finance Report: Ethereum Name Service (ENS) and Base, a Layer 2 network supported by Coinbase, have joined forces to promote the use of subdomains under base.eth in the field of on-chain identity recognition. Base revealed on the X platform that the Basenames domain service is scheduled to launch tomorrow. Users will be able to claim their exclusive base.eth username, simplifying the process of connecting, collaborating, and contributing on-chain. The launch of Basenames will involve the sale of domains through a Dutch auction, ensuring fair acquisition of preferred domains for each user while effectively preventing malicious bot purchases.