X @Ignas | DeFi

MAKE L2 TOKENS GREAT AGAIN!L2 tokens are non-investible: low fee generation, no fee sharing, and governance is overvalued.Layer 2s should acquire as much $ETH as possible.It's the true Ethereum x L2 alignment:- L2 tokens act like speculative assets akin to TradFi Crypto Treasury Company stocks- They manage $ETH treasury, making governance meaningful- L2 tokens trade with $ETH price, aligning incentives but can trade at ETH reserve's premium.Current Layer 2 reserves are abysmal: Arbitrum holds just $80M, and ...