Base Co-founder Calls Out Centralized Exchanges’ High Listing Fees

Jesse Pollak, co-founder of Base, has criticized centralized exchanges (CEX) for their controversial fee structures on the X platform (formerly Twitter). Pollak revealed that some CEXs charge projects a hefty 9% of their token supply as a listing fee, while others demand a significantly smaller percentage. He argues these practices are detrimental to the industry and point towards an unfair monopoly held by specific exchanges. Pollak calls for a more transparent and decentralized system, emphasizing the need for a permissionless on-chain listing mechanism to ensure fairness and accessibility for all projects.