Trueo Migrates to Ethereum Mainnet for Decentralization and Integrations

iconCryptofrontnews
Share
AI summary iconSummary
Trueo moves to Ethereum mainnet to boost decentralization and expand integrations, aligning with Ethereum ecosystem news. The shift follows a March 2025 launch on Base and supports credible oracle development. Vitalik Buterin endorsed the move, highlighting Trueo’s ethical approach. Base markets stay active, with trading and redemptions ongoing. TRUE holders can migrate tokens to Ethereum, where future staking and liquidity rewards will take place. The Ethereum news update shows continued growth in cross-chain activity.
  • Trueo is moving to Ethereum to support greater decentralization, broader integrations, and stronger network effects.
  • Base markets will remain active after migration, with trading, resolutions, and redemptions continuing normally.
  • TRUE holders can migrate their tokens to Ethereum, where future staking and liquidity rewards will take place.

Trueo will migrate from Base to Ethereum mainnet after launching on Base in March 2025. The prediction market said Ethereum better fits its plans for decentralization, broader integrations, and a more credible oracle. Ethereum co-founder Vitalik Buterin welcomed the move, highlighting Trueo’s focus on decentralization and new uses for prediction markets.

Trueo Targets Ethereum For Its Next Phase

Trueo said Base provided a useful environment for testing its app and discovering its strengths. At launch, Ethereum mainnet gas costs remained elevated, while some features were still experimental.

However, the team now wants Trueo to become widely adopted, permissionless, mostly immutable, and broadly integrated. It said Ethereum offers the network effects and integrations needed for that direction.

The migration will also focus on attracting liquidity across key market categories. Trueo plans to release the next generation of its oracle after moving to Ethereum.

According to Trueo, the oracle remains central because prediction markets depend on how outcomes get resolved. The system processes evidence from legitimate data sources to determine market outcomes.

Base Markets Will Continue After Migration

Trueo said the transition will not interrupt trading, resolutions, or redemptions on Base. Existing markets that expire after the migration will remain available through the official Trueo app.

However, Base users are encouraged not to create markets expiring after Jan. 31, 2027. Markets expiring before January remain unaffected. The existing resolution system will continue covering current Base markets, including those extending beyond the migration.

Meanwhile, TYD will continue accruing yield during the transition. TRUE will remain the protocol’s token, and holders can migrate their tokens to Ethereum. Future staking and liquidity rewards will take place on Ethereum.

Ethereum Becomes Trueo’s Mainnet Hub

Trueo said the migration does not reflect Base’s position among competing chains. Instead, the project cited Ethereum’s network effects, global integrations, and alignment with its goals.

The team said Ethereum could connect Trueo with liquid crypto markets and ecosystems across finance. It also identified oracle services, TYD yield opportunities, and DeFi prediction markets as potential integrations.

Vitalik Buterin said Ethereum’s Layer 1 would gain a new prediction market focused on decentralization and ethical operation. He also praised Trueo for pursuing new uses for the economic primitive.

The migration window will remain open indefinitely, with no cutoff for TRUE holders. Trueo said its broader goal involves immutable contracts, credible dispute resolution, and reduced dependence on any single party.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.