This is part one of a two part Ryan and David masterclass on the trillion dollar L2 opportunity. L2 summer is right around the corner. Start preparing now. Part two will be airing tomorrow! ------ ? OPOLIS | Sign Up to Get 1000 $WORK and 1000 $BANK https://bankless.cc/Opolis  ------ ? SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  ?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALED ETHEREUM https://bankless.cc/Arbitrum  ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  ? ALTO IRA | TAX-FREE CRYPTO https://bankless.cc/AltoIRA  ? AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave  ⚡️ MAKER DAO | THE DAI STABLECOIN https://bankless.cc/MakerDAO  ? BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave  ------ Topics Covered: 0:00 Intro 5:30 Why to be Excited About L2s 8:38 Do L2s Cannibalize ETH? 16:33 L2 Fees 20:55 Difference in Rollups Fees 22:55 L1 Fees 29:29 The L2 Paradigm 32:05 Burning Explained 40:32 ETH Stake Rate 42:55 The Demand for ETH 51:55 L2’s Narrative Opportunity 56:45 The Security Budget 1:01:30 L2 Summer is Coming 1:06:10 Liquid Mining & Tokens 1:08:10 Summarizing Part One 1:12:30 Disclaimers ------ Resources: L2 GDP Map https://twitter.com/RyanSAdams/status/1521503349773946882  Burn Leaderboard https://ultrasound.money/  ETH Isn’t Expensive  https://twitter.com/RyanSAdams/status/1521471900836372481  Money Printer https://moneyprinter.info/  Crypto Fees https://cryptofees.info/  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures