Ethereum R1 is an interesting L2 project. According to them, it is a new rollup project which is,
🔹100% donation-funded
🔹No token. No VC. No private sales. Just public ETH contributions. 
🔹Stage 2 from day one
🔹Permissionless proving. Transparent upgrade path. Long upgrade delays.
🔹Ethereum public good
🔹Proportion of base fees go to R&D and app dev until 2030 — then they’re burned.
🔹Replaceable by design
🔹No proprietary governance. No brand lock-in. No personalities to worship.