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? ...

L2 Strategy & Tokenomics - L2s face challenges in generating sufficient fees to buy back enough ETH, suggesting a need for alternative strategies like selling L2 tokens [1] - Selling L2 tokens can help L2s acquire ETH for their treasury [1] - L2 tokens are sold for ETH until assets under management align with the L2 token market cap, making them investible [1] Treasury Management & DAO - The treasury, containing ETH acquired by L2s, is owned by L2 token holders (e.g., ARB, OP) [1] - Efficient management of the ETH treasury within a DAO model is a key consideration [1] Strategic Imperatives - L2s should compete to own ETH, the asset they are building on [1] - The industry emphasizes the importance of L2s owning ETH to prevent Wall Street from acquiring it all [1] - ETH is viewed as a world reserve asset [1]

Tether, Blackstone Vets Raising $1 Billion for Public Bitcoin, Ethereum and Solana Treasury► https://t.co/iE0Kw0Woku https://t.co/iE0Kw0Woku ...