Re-upping my post from 1.5 years ago on "layer 3s":

https://vitalik.eth.limo/general/2022/09/17/layer_3.html

The summary is that layer 3s don't magically improve throughput even more, though they can reduce some fixed costs of batch publishing and deposits/withdrawals.

In case of the Degen L3 it is also brilliant that they changed the base currency to Degen, so we don’t need the erc20 approve&transfer workflow, instead we can do it directly: easier for the user, cheaper in gas and less code in smart contract. Win, win & win

NARD and SODA exploring all that crypto has to offer

/404soda 

Also, fargotten runes wizard caster doorman

That’s all about it, spending Degen makes more fun than sitting on them :P

Yeah but then I have to spend my $Degen….