X @Ignas | DeFi

RT bougie (repentance arc) (@bougie0x)A little late but this is actually a very interesting take.It would mean that governance tokens of L2s would follow ETH price + it would permit you to leverage the sequencer revenue on top of the ETH exposure.$ARB currently has a $2.3b mcap while having only $30M of ETH.For $OP it's even worse, it has a $1.2b mcap while having as low as $200k of ETH(ouch).It will finally allow for L2 tokens to be investable even though it will hurt a bit at the beginning. Being dumped o ...