Frequently Asked Questions
A Layer 2 crypto token is a digital asset built on a secondary framework or protocol (Layer 2) that runs on top of a main blockchain like Ethereum. These tokens offer faster transactions, reduced gas fees, and improved scalability.
Layer 2 solutions provide lower transaction costs, higher throughput, and better user experience compared to Layer 1 chains. They are ideal for DeFi, gaming, and NFT applications where speed and cost matter.
Popular Layer 2 networks include Arbitrum, Optimism, zkSync, Polygon (formerly Matic), StarkNet, and Loopring. The choice depends on your project’s goals, ecosystem support, and developer tools.
Yes, auditing your token’s smart contract is crucial, even on Layer 2 networks. It ensures security, prevents exploits, and builds trust with users and investors.
Yes, many companies offer token bridging and migration services to Layer 2. This helps reduce transaction fees and improve performance without launching a new token.
