Optimism states that self-owned chains can retain revenue, while leasing chains equate to taxing their own customers
Optimism states that self-owned chains can retain revenue, while leasing chains equate to taxing their own customers.
This viewpoint highlights the importance of L2 autonomy and economic control.
In market mechanisms, the self-owned chain strategy attracts projects and developers, with event-driven funds migrating to independently operated L2s, putting pressure on shared sequencers or leasing models, while ecosystems emphasizing revenue retention benefit.
Source: Public information
ABAB AI Insight
As a promoter of the OP Stack, Optimism has previously advocated for modular self-owned chains, and this statement continues its narrative of competing with leasing models, similar to other L2 projects that emphasize sovereignty and revenue control strategies.
In terms of capital pathways, projects choose to build or fork the OP Stack, with resources shifting towards chains that fully control sequencers and fee distribution, motivated by maximizing long-term revenue and enhancing governance autonomy by avoiding "rent taxes."
Similar to the internal divergences within the Ethereum L2 ecosystem, the Layer2 industry is currently transitioning from leasing sharing to self-owned sovereignty, with Optimism's viewpoint reinforcing the decentralization narrative.
Essentially, this represents capital concentration, as self-owned chains reshape revenue distribution, driven by the hidden costs of leasing models pushing projects towards independence, concentrating capital on chains that fully control economics and governance, accelerating the evolution of L2 sovereignty.
ABAB News · Law of Cognition
Self-owned chains retain revenue, leasing incurs rent taxes, sovereignty determines profit.
Modular construction is easy, autonomy is hard to achieve, long-termism prevails over short-term convenience.
In L2 competition, control becomes the core barrier.