Ethereum is losing value to L2. Rollups extract fees, MEV, and liquidity, while ETH stakers are left behind. If this continues, Ethereum will become a stupid security layer while L2 keeps making money. Does this sound like a good model? L2s don’t need to pay for gas using ETH, but they do need to pay for the security of Ethereum. Currently, L2s pay almost nothing. This needs to change. Ethereum is not a free lunch. L2s should pay rent. Every Rollup should contribute to Ethereum in at least one of the following ways: If a L2 does not use ETH to pay for gas fees, it should still be required to stake ETH or contribute part of its token supply to the ETH Treasury. This treasury will serve as an economic index for all Rollups, making ETH the financial layer of the L2 ecosystem. |
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