Layer2DAO is a decentralized autonomous organization dedicated to accelerating the adoption of the Layer2 Ethereum ecosystem. Following the Ethereum merge, Layer2 protocols are widely recognized by Ethereum thought leaders as crucial for the future of the ecosystem. Despite this consensus, the adoption rate of Layer2 solutions has been slow, partly due to the lack of token incentives in many Layer2 projects. Layer2DAO aims to address this challenge and promote the widespread use of Layer2 technologies.
Layer2DAO incentivizes users to migrate their funds to Layer2 solutions and utilize Layer2 protocols by providing token-based incentives, similar to successful programs from other protocols. The DAO particularly focuses on supporting projects that have not launched their own tokens to foster adoption. Governance of Layer2DAO is carried out by L2DAO token holders, who participate in proposal and voting processes to shape the actions and direction of the organization.