X @Andy

One very candid convo we’ve been having a lot at Permissionless has been about answering this question.It’s a tough one.Ignas | DeFi (@DefiIgnas):What's the upside for L2 tokens?Fee sharing?Even if they turned on fee sharing, it's not much:Arbitrum made $19.5m in fees in a year. Optimism $18.3m.zkSync just $1.3m and Starknet $600k.This Price(FDV)-to-Fees ratio puts Arbitrum at 137.8x, and Optimism at 205.7x https://t.co/eTQ8WMy6md ...