The Trillion Dollar L2 Opportunity | Part One

<p>This is part one of a two part Ryan and David masterclass on the trillion dollar L2 opportunity. L2 summer is right around the corner. Start preparing now. Part two will be airing tomorrow!</p> <p>------<br /> 📣 OPOLIS | Sign Up to Get 1000 $WORK and 1000 $BANK<br /> <a href= "https://bankless.cc/Opolis">https://bankless.cc/Opolis</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>⚖️ ARBITRUM | SCALED ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>❎ ACROSS | BRIDGE TO LAYER 2<br /> <a href= "https://bankless.cc/Across">https://bankless.cc/Across</a> </p> <p>🏦 ALTO IRA | TAX-FREE CRYPTO<br /> <a href= "https://bankless.cc/AltoIRA">https://bankless.cc/AltoIRA</a> </p> <p>👻 AAVE V3 | LEND & BORROW CRYPTO<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>⚡️ MAKER DAO | THE DAI STABLECOIN<br /> <a href= "https://bankless.cc/MakerDAO">https://bankless.cc/MakerDAO</a> </p> <p>🦁 BRAVE | THE BROWSER NATIVE WALLET<br /> <a href= "https://bankless.cc/Brave">https://bankless.cc/Brave</a> </p> <p>------<br /> Topics Covered:</p> <p>0:00 Intro<br /> 5:30 Why to be Excited About L2s<br /> 8:38 Do L2s Cannibalize ETH?<br /> 16:33 L2 Fees<br /> 20:55 Difference in Rollups Fees<br /> 22:55 L1 Fees<br /> 29:29 The L2 Paradigm<br /> 32:05 Burning Explained<br /> 40:32 ETH Stake Rate<br /> 42:55 The Demand for ETH<br /> 51:55 L2’s Narrative Opportunity<br /> 56:45 The Security Budget<br /> 1:01:30 L2 Summer is Coming<br /> 1:06:10 Liquid Mining & Tokens<br /> 1:08:10 Summarizing Part One<br /> 1:12:30 Disclaimers</p> <p>------<br /> Resources:</p> <p>L2 GDP Map<br /> <a href= "https://twitter.com/RyanSAdams/status/1521503349773946882">https://twitter.com/RyanSAdams/status/1521503349773946882</a> </p> <p>Burn Le