One of the fun parts about working at @splits is I get to implement features that feel like magic 🪄 You can now send tokens on over 45 networks straight from your Teams wallet, autoswapping tokens along the way. I've been using it often to send myself ETH on L2s using the interest-earning USDC in my vault

📊 Ethereum is migrating to Layer 2s! Since 2023, over 3.4M ETH has moved into just these three major L2s: 🔹 Arbitrum: ~1.7M 🔹 Optimism: ~0.6M 🔹 Base: ~1.1M (fastest grower) That's already ~2.8% of the total #ETH supply (∼120M) And the trend is accelerating as more L2s gain traction. 🔥 Demand for ETH on L2s will only keep rising.

📊 #Ethereum is migrating to Layer 2s! Since 2023, over 3.4M ETH has moved into just these three major L2s: 🔹 Arbitrum: ~1.7M 🔹 Optimism: ~0.6M 🔹 Base: ~1.1M (fastest grower) That's already ~2.8% of the total #ETH supply (∼120M) And the trend is accelerating as more L2s gain traction. 🔥 Demand for ETH on L2s will only keep rising.

📊 Ethereum is migrating to Layer 2s! Since 2023, over 3.4M ETH has moved into just these three major L2s: 🔹 Arbitrum: ~1.7M 🔹 Optimism: ~0.6M 🔹 Base: ~1.1M (fastest grower) That's already ~2.8% of the total ETH supply (∼120M) And the trend is accelerating as more L2s gain traction. 🔥 Demand for ETH on L2s will only keep rising.

total eth on L2s is up 104% over the last yr, reality is ethereum is scaling and doing so quickly

total eth on L2s is up 104% over the last yr, reality is ethereum is scaling and doing so quickly zoom out 🌱

@everyone # Meet the new Expedition for Bedrock uniETH ## Join now to start stacking MITO Point (uniETH) 🔗 https://app.mitosis.org/?asset=uniETH ### Key Points - Epoch 1 uniETH caps by network: Ethereum: 500 / Arbitrum: 100 / Scroll: 10 / Linea: 25 - 5x Bedrock Diamonds Boost for miuniETH holders from Day 1 ### Useful Links - You need to have uniETH on L2s already to deposit on L2s. How to get ⬇ - Bedrock Cross-Chain uniETH: https://app.bedrock.technology/crosschain - you should have ETH on L2s already to use this. Check the [Bedrock's guidelines](https://medium.com/@bedrock_defi/cross-chain-unieth-guide-minting-on-scroll-ce9825edf8b1?source=user_profile---------7----------------------------). - Celer Bridge: https://cbridge.celer.network/1/42161/uniETH - you can bridge uniETH from Ethereum to L2s (Arbitrum, Scroll, and Linea).

Heads-up for the upcoming uniETH Epoch 1 Check the details through the Expedition (uniETH) docs - https://docs.mitosis.org/docs/category/expedition-unieth Key Points Epoch 1 uniETH caps by network: Ethereum: 500 / Arbitrum: 100 / Scroll: 10 / Linea: 25 5x Bedrock Diamonds Boost for miuniETH holders from Day 1 You need to have uniETH on L2 networks already to deposit on the L2 networks (Arbitrum, Scroll, and Linea). Here are some options for this. 1) Bedrock Cross-Chain uniETH: https://app.bedrock.technology/crosschain - you should have ETH on L2s already to use this. 2) Ambient DEX (for Scroll): https://ambient.finance/swap/chain=0x82750&tokenA=0x0000000000000000000000000000000000000000&tokenB=0x15eefe5b297136b8712291b632404b66a8ef4d25 3) Celer Bridge (for Arbitrum & Linea): https://cbridge.celer.network/1/42161/uniETH 4) Jumper: https://jumper.exchange/

Why L2 over L1? The primary value of Ethereum L2 (confirmed by hundreds of conversations with funds, LPs, family offices) is native ETH. If I'm an LP, I feel 100 times more confident placing liquidity through stETH than buying a native L1 token that could crash by 90% during a bear market. As you may have noticed, a dominant narrative prevails in the world: 🚀 During bull markets, everyone loves L1 tokens—the "Ethereum killers.” 🐻 During bear markets, everyone clings to ETH with all their might. Next-generation L2s will be more advanced. They will bring the user experience of L1s like SOL and APT to the high-liquidity ecosystem of Ethereum. LPs and users will feel more confident using native stETH and ETH on L2s like Movement (shill alert – editor's note).

Now you can stake your $ETH on L2s like Blast and Mode on Etherfi, other L2s such as Optimism and Linea are in thee line

I present to you, an early thought experiment called Floo Transactions. Enshrining a new bridging security mechanism for moving ETH to and from L2s, via EIP-1559. No contract risk, no wrapped ETH on L2s, all consensus + core crypto protection. Proof of Burn = ETH *duck* https://warpcast.com/emmanuel/0x1a8a608f

Why can’t I just buy ETH on L2s? Bridging sucks