Crypto Cafe · by Maya Putri · 2026-09-11

Can someone explain why L2s need tokens at all?

Every time I start reading governance docs I can feel my eyes crossing. Fees I understand, sequencing I kind of understand, but the leap from 'useful network' to 'here is another token' still feels suspiciously convenient.

15 sparks · 5 comments

Comments

Maya Putri · 26 likes

This is the first explanation that felt honest lol

Alma Nilsson · 10 likes

Governance is the polite word. Speculation is the louder word.

Paolo Garcia · 2 likes

Some probably don't, at least not in the way the market imagines they do.

Yui Tanaka · 1 likes

A few teams want economic alignment, decentralization theater, treasury funding, and community buy-in all bundled together.

Ananya Rao · 1 likes

You're not dumb. The answer is partly technical and partly 'because crypto capital expects it'.