Layer2DAO is expanding the Ethereum L2 ecosystem and investing in L2 ecosystem projects. The DAO will use its treasury to invest into high-impact L2 protocols and ecosystem plays, serving as a diversified venture fund for investors looking to gain exposure to the L2 ecosystem growth. It may also provide liquidity, depositing, and staking in the future, perpetually reinvesting proceeds back into the DAO.
Layer2DAO will also provide incentives for users to move their funds to L2s and use protocols on those L2s, modeled after other protocols’ successful incentive programs. We plan on particularly supporting projects that have not launched their own token to drive adoption.
Layer2DAO is governed by L2DAO token holders. Through the proposal and voting process L2DAO token holders will determine the actions and direction of Layer2DAO.
Where is Layer2DAO available for purchase?
You can exchange L2DAO tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Layer2DAO is Sushiswap (Arbitrum One), notably the L2DAO/WETH pair, which saw a trading volume of $ 1.14 in the past day.
What is the highest value Layer2DAO (L2DAO) has ever reached?
Layer2DAO (L2DAO) reached its peak price at 0.02557 $ on 29 July 2022, approximately 3 years ago ago. Presently, the current price is -99.35% lower than this all-time high.
What is the historical minimum price for Layer2DAO (L2DAO)?
The minimum price reached for Layer2DAO (L2DAO) was 0.00007407 $, documented on 12 September 2024, more than a year ago. In comparison, the current price is 124.01%, it above this historical low.
What is the fully diluted valuation of Layer2DAO (L2DAO)?
The fully diluted valuation (FDV) of Layer2DAO (L2DAO) stands at $ 101,011. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of L2DAO tokens. The realization of this FDV might take several years depending on the emission schedule of L2DAO tokens.