Episode Details

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. 

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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

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