Onchain Economy & Digital Identity - Chainlink is facilitating institutional access to digital identity within the onchain economy [1] - The report explores the future of onchain compliance and verifiable identity [1] Partnership & Leadership - GLEIF CEO Alexandre Kech is involved in exploring onchain compliance and verifiable identity with Chainlink [1]

Overview - Arbitrum is evolving into a Digital Sovereign Nation with an onchain economy [1] - The core of this nation is an economic engine fueled by diverse onchain revenue streams [1] Economic Growth - Capital flows into investment programs that unlock zones of opportunity, fueling an Arbitrum flywheel [2] - Arbitrum is building a treasury-led growth model [1] - Arbitrum is generating real revenue [1] Governance - Arbitrum is achieving governance at scale [1]

L2 Adoption & Network Effects - Companies like Coinbase, Sony, Alibaba, Deutsche Bank, Robinhood & OpenAI have leveraged Layer 2 solutions (L2s) to create powerful network effects [1] - Setting up an L2 is crucial for benefiting from these network effects [1] - There is a high probability that the mentioned companies will establish their own L2s [1] L2 Benefits - L2s offer benefits beyond network effects, including settling on ETH L1, high customizability, and an attractive business model [1] - Base is generating approximately $80 million in annual revenue, indicating the potential of the L2 business model [1] ETH L1 Role - ETH L1 is positioned as the base layer of trust for the onchain economy [2]

RT DeFi Dad ⟠ defidad.eth (@DeFi_Dad)Ethereum is the world ledger 🌎And $ETH is the valuable digital oil to power this onchain economy ...