token: Top 10 L2 solutions review

token: Top 10 L2 solutions review

< Show Wisdom Collection: Top 10 L2 solutions reviewarticle avatarUnique Taylor

fun out going person

Which one of the following solutions would you choose and why?

DeversiFi because its the easiest way to access DeFi opportunities and you can send tokens without paying gas fees and you can exchange so many different tokens

Which L2 projects would you recommend to watch and why? (except given)

Im not so fully sure which one i would want to watch.. so all of them would be good to watch because you do not know what mite happen if you watch all of them

article avatarAleksander D.

Entrepreneur, crypto investor, programmer

Which one of the following solutions would you choose and why?

I like much more Optimism among those represented this list. Because they have more convenient bridge solution in compare with Arbitrum for instance, a wide list of tokens could be bridged in one click, not ETH only. Also it has a large ecosystem with many different App supported, such DeFi, swaps, NFT markets, wallets, i.e. there are everything to satisfy user's daily needs.

Which L2 projects would you recommend to watch and why? (except given)

I suggest to watch dYdX too, despite it's too specific. There are not so many of decentralized trading exchanges around and dYdX is one of them, but a huge of people are still interested in perpetual contracts trading, margin trading and other derivatives. So, their service should have a certain demand at least in a short&medium prospective, until more of competitors appear, and this mean that there is a good chance the price their native token dYdX could grow from it's current ~$1.65, that is near the ATL. So, you might earn either by perpetual trading there or by a simple buy&hold of dYdX token.

article avatarHabibu Abdullahi

Developer Associate

Which one of the following solutions would you choose and why?

I will prepare Arbitrum, because always it important to be using the most established and battle tested project. Also Arbitrum from the security(risks) point of view it is the only Fraud-Proofs among the top 10.

Which L2 projects would you recommend to watch and why? (except given)

I will recommend Immutable X, the project has a great promise of delivering zero gas fee, in the NFTs and other on-chain transaction. Source: https://www.immutable.com/ However, the token has a lot potential although we are at the bear market, but looking its performance, definitely worth watching. The above mentions are my own opinion, kindly do your own research (DYOR)

article avatarMirb .

Investment Specialist,Crypto Currency Specialist,Analyst

Which one of the following solutions would you choose and why?

Arbitrum because from the very beginning it has built very good trust with excellent recommendations. Arbitrum is a big very serious project and their upcoming token should be a real boom in the Crypto world.

Which L2 projects would you recommend to watch and why? (except given)

Polygon. It is an excellent crypto blokchain and a very good proof is the use of Polygon in many crypto projects. Polygon has an extraordinary speed of transactions and it is no coincidence that Coinbase included Polygon in its exchange office.

article avatarTaofeek Salami

Degen crypto

Which one of the following solutions would you choose and why?

Optimism, they recently launched a governance token and this will inturn increase usage of the platform and also they launched a means to incentivize users of the platform by allocating certain percent of the supply for subsequent users.

Which L2 projects would you recommend to watch and why? (except given)

Arbitrum, apart from the popular ZKsync protocol they currently have the highest TVL and most likely launch a governance token in the near future.

article avatarHanbyul Kim

blockchain service specialist

Which one of the following solutions would you choose and why?

Arbitrum. This one can boast the token transformation by bridging different kind of tokens which are generated in diverse mainnet. The more tokens become usable, the more people need to change one to another.

Which L2 projects would you recommend to watch and why? (except given)

Actually, those 10 are the main projects of Layer2. But I'm curious about how people(user) use them by their own needs. Among them, many transactions and pools can prove the best one.

article avatarAri Iskandar Tanjung

Personal enterpeneur

Which one of the following solutions would you choose and why?

Arbitrum.. because arbitrum platform made a simple swap L1 to L2. Fees cost of Arbitrum also very cheap, i choose L2 for arbitrum,it's simple and easy to use

Which L2 projects would you recommend to watch and why? (except given)

Arbitrum, arbitrum is not made a token native yet by them.. i'm sure that arbitrum will be given out an airdrop for user who used their project

article avatarKarthikeyan Ramachandran

Business Analyst /Blockchain Enthusiast

Which one of the following solutions would you choose and why?

Once the Ethereum merge happens and sharding is introduced in Ethereum L1, there won't be any need for these L2 solutions and protocols. The sharding itself can increase the tps 1000x as in the case of Zilliqa. So it is better to avoid the L2 tokens both in the near term and long term.

Which L2 projects would you recommend to watch and why? (except given)

All L2 solution will be going to zero sooner or later with Ethereum transitioning to PoS in 2022 and sharding implementation( in 2023). Because sharding itself provides the lower fees and 1000x tps. So it is time to sell all L2 tokends

article avatarMARCO MACIAS P.

STUDENT IN INFORMATICS & CRYPTO

Which one of the following solutions would you choose and why?

Arbitrum, because it is very easy to use and always keeps the commissions low, the transactions are very fast and it also has many tokens in its network.

Which L2 projects would you recommend to watch and why? (except given)

I recommend looking at Loopring and Optimism, because they both have the necessary L2, super fast transactions, and super low fees, as well as many benefits of owning their token.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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