6h ago
I think the problem with L2 tokens is that the better they get, the more invisible they become. How do we bring chain loyalty and chain hype back?
For whatever reason, some people don't like Polygon, but love Polymarkets and will love using the payments infra they're building.
Arbitrum is also a chain with cheap fees and deep liquidity but people only appreciate the apps built on top of it not the chain itself.
"Governance" hasn't been the fix because highly decentralized community owned chains like Polkadot or even Cardano haven't been doing very well (using L1s as examples).
As of now, I don't really have a solution in mind unless all apps buy into helping the chain's token where L2 token holders get some stake in all apps built on the chain.
4.82K
24
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.