Ethereum

If ETH is money and a store of value, why don't L2 DAOs hold any?

How can we claim ETH is money to the world when the most "aligned" organizations in our ecosystem don't hold it themselves?

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

because they would have to dump their own token to aquire ETH (i think)

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

I thought sequencer fees are in ETH? Couldn't they just build an Eth treasury by not dumping (assuming they have runway?)

Founder, designer, & product guy at /basepaint and /eigenlayer

It also be weird for the fees for the sequencer go to the company if the DAO retains control over it ala Superchain. I guess the stipulation could be the lab run the hardware, DAO maintains control, but Lab keeps the fees. That split is incongruent to me tho.

That can be amended w/ the lab/foundation agreement tho (if that's the case).

I think sequencer fees go to the company, not the DAO in some cases

L2s should build treasury with sequencer fees to run validators to strengthen the L1