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The original was posted on /r/ethereum by /u/my__name__is___jeff on 2023-08-07 04:45:40+00:00.


Hi there, I’ve recently started learning about the Ethereum network and have a question I haven’t found conclusive answers for. We know Ethereum has L2 scaling solutions such as Arbitrum and Polygon, but these run on the Ethereum main net and we know ETH is the native token used to pay for gas. I wonder what use or utility the L2 tokens (ARB, MATIC) serve on these networks. Do these tokens have actual utility or are they just a means for the developers to fund their operations?