VELLUM on Base Launches Coordination and Settlement Layer for Autonomous Agents

The project says its new infrastructure on Base (Ethereum layer-2 network) is designed to support trustless execution and scalable agent coordination without human intermediaries.

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Summary

VELLUM announced the launch of a coordination and settlement layer for autonomous agents on Base (Ethereum layer-2 network). According to the statement, the system is intended to enable trustless (without relying on intermediaries) and scalable execution, removing the need for human gatekeepers in agent coordination and settlement. The announcement points to a crypto infrastructure use case focused on automated onchain activity, where settlement layers are used to record and finalize transactions between participants or software-driven agents.

Terms & Concepts
  • Settlement layer: A blockchain infrastructure layer that records, verifies, and finalizes transactions or transfers between participants.
  • Autonomous agents: Software-driven agents that can perform tasks or make decisions automatically, often using blockchain rails for coordination and settlement.
  • Trustless: A system design where participants do not need to rely on a central intermediary because rules are enforced by code and blockchain verification.