Ethereum

Does anybody hold any non-insignificant amount of their wealth on an Ethereum L2?  If so which one? I created an Arbitrum Safe Wallet, but I'm still hesitant to put any real amount of ETH in there.

It still seems like there's a lot of risk involved with these.

Oh, hi Marx | 
he/him | 
DSA ✊ | 
Ally 🏳️‍🌈

Because we (Ethereans) keep preaching that L2s are where people will be / should be transacting. Fees are low-ish now, but remember when it was $150-$200 to do anything back in 2021?

why would you? Ethereum L1 offers the best security guarantees which presumably is the most important factor for where to keep one's wealth.

L2s are basically in alpha stage right now. In a month, we will upgrade Ethereum to support their data layer so they can upgrade and start moving to beta stage.

All things considered, they have been remarkably stable and secure, but you are correct to be cautious.

I have funds on Aave Avalanche and Polygon. Neither of them is strictly L2, mind you. Both have been fairly solid, though Polygon tends to drop txs during peak times.

I'm planning to move Polygon funds to Arbitrum, as the security model seems more robust than Polygon's limited number of validators. NFA