RT Ignas | DeFi (@DefiIgnas)- Layer 2s acquire $ETH for their treasury.- The treasury is owned by L2 token holders, such as $ARB or $OP.- L2 tokens are sold for $ETH until assets under management align with the L2 token market cap.- L2 tokens become investible.Implementing a strategy playbook for L2s is a smart move :)Problem 1: L2s don't generate enough fees to buy back enough $ETH, but selling L2 tokens works.Problem 2: Can token holders efficiently manage the $ETH treasury within a DAO model? ...

RT Ignas | DeFi (@DefiIgnas)I won't buy tokens from teams that disregard them.For many founders, tokens mattered when:1) They needed funding2) They needed to boost adoptionAfter that, tokens became a liability.Then they're surprised by community anger over poor price performance. ...

Remember how it feels refreshing your portfolio every 5 minutes?Soon. ...

Wait, did @VitalikButerin actually use my tweet during his presentation?!Is this real life?Mom?LobbyFi (@lobbyfinance):@VitalikButerin thinks LobbyFi is badsigh https://t.co/fFWnkz8pyl ...

In any case, if Ethereum and ETH fail, Ethereum's L2s and their tokens are valueless.Aligning incentives is a win-win. ...

- Layer 2s acquire $ETH for their treasury.- The treasury is owned by L2 token holders, such as $ARB or $OP.- L2 tokens are sold for $ETH until assets under management align with the L2 token market cap.- L2 tokens become investible.Implementing a strategy playbook for L2s is a smart move :)Problem 1: L2s don't generate enough fees to buy back enough $ETH, but selling L2 tokens works.Problem 2: Can token holders efficiently manage the $ETH treasury within a DAO model?RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams ...

I won't buy tokens from teams that disregard them.For many founders, tokens mattered when:1) They needed funding2) They needed to boost adoptionAfter that, tokens became a liability.Then they're surprised by community anger over poor price performance. ...

Arbitrum's $ARB barely moved despite big Robinhood news.In the 2020-21 bull run, $ARB would've pumped off the charts, hitting my roof, knocking down the International Space Station, and maybe even reaching the Sun.Makes me think we turned the old critics' saying of "blockchain, not crypto" into reality.Blockchains are useful, but tokens aren't. At least not without a clear value proposition.Ethereum is amazing, but $ETH isn't?Maybe just Bitcoin is different because its product is the coin itself.Worse, we'r ...

RT Ignas | DeFi (@DefiIgnas)In this crypto-TradFi merge, I'm feeling my knowledge limits.I'm good at DeFi, comfortable with self-custody, 'get' tokenomics, and DAOs but lack TradFi expertise.Many crypto degens likely share this gap.We expected to revolutionize finance by leapfrogging TradFi altogether.The reality is a merger.TradFi is slowly adopting crypto, closing the knowledge gap on us, but we still have an edge.I feel slightly jealous to those who quit TradFi to join crypto early.Wonder what TradFi kno ...

I studied Politics and later Business Administration.All my knowledge of finance is self-taught and only related to crypto.This tokenization of everything requires to keep pushing myself once again.Kinda cool! ...