Layer2DAO wallet

What is Layer2DAO (L2DAO)?

L2DAO is the governance token of Layer2DAO, an organisation built around a treasury pointed at the Ethereum rollup world. Holding it is closer to holding a voting share than a spending coin: the token is what gives an address a say in proposals about what the treasury backs and which rollup projects the DAO puts weight behind. Nothing happens to the balance on its own; it sits until you vote with it or move it.

Two things shape day-to-day custody. The token is deployed as an ERC-20 on more than one rollup, and those deployments are separate contracts with separate balances - sending from one rollup does not put the tokens on the other, which takes a bridge rather than an ordinary transfer. And because the token pays no fees itself, the rollup's ETH does, you need a small amount of ETH sitting on the same network before anything can be broadcast.

Supported networks in Tangem (2): Arbitrum One, Optimism.

Tangem keeps the balances apart per network and names the outgoing network on the screen you approve before the card signs, which is the moment to read it on a token that has a home on two rollups at once. Since L2DAO is something most holders touch a few times a year, a card that sits in a drawer between votes and signs when tapped matches how the token is actually used.