@auliawilda866
Lido's layoffs confirm my perspective from 2023:
Traditional institutions won't truly use L2, they don't trust ETH's shared security, only self-controllable solutions. L2 is essentially an exchange, and institutions will definitely build their own.
Therefore, L2 platforms that can't act as market makers will be eliminated. Those that survive will either be like Base, acting as market makers themselves, or serve traditional institutions' "self-built chain" narrative.
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