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Podcast

Why We're Bullish L2s

Our long-term thesis
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Jan 17, 2024 • 1 min read

Are L2 tokens worthless governance coins? Will they accrue value? Are L2 tokens bullish? Ryan and David dive into the details in this week’s episode of Bankless Takes.

TIMESTAMPS & RESOURCES

0:00 Intro

3:03 L2s Numbers

https://www.growthepie.xyz/fundamentals/daily-active-addresses

https://l2beat.com/scaling/summary

https://defillama.com/chains

16:55 Tokens Worthless?

https://x.com/RyanSAdams/status/1745919415604883725

32:30 P/E Ratios

36:05 Token Valuations

38:40 Alt-L1 Bull Case

44:40 Summarizing

47:00 Closing & Disclaimers

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

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