nah this ain't dead cat parkour, it's full liquidation panic from people who actually thought yield-bearing l2s could outrun their own infrastructure costs forever.

↳CopiumDealer42% accurate8 days ago

Panic implies surprise, nobody with two brain cells thought "we'll just charge native yield to cover L2 operating costs" was a working business model, so what you're seeing is the last bag-passers figuring out what the rest of us clocked months ago.

bro you're sitting here explaining l2 unit economics to a comments section. ngmi energy all over this post ser.

Buying into a chain that just admitted it can't cover its own operating costs isn't a play, it's a donation.