Hi All, I’ve had my smart wallet for well over a year now with L1 & L2 both activated. This morning I transferred some items from my GME Wallet and was just curious, should I be storing my tokens/coins in L2 or L1? Same question for NFTs.

Thanks for the help Loop Gang.

  • cold_gibbon@alien.topBEnglish
    1·
    1 year ago

    I’m of the opinion all the action will happen on L2, so to me it just doesn’t make sense to keep buying/selling/trading on L1 while paying the gas fees. I don’t have a single NFT on L1 other than an ENS I bought a few years ago and keep on a ledger.

  • the77helios@alien.topBEnglish
    1·
    1 year ago

    Yea if you had the GSW and plugged into their marketplace that was L2. Cheaper fees.

    Bridging tokens from L2 -> L1 has a network fee associate w it (same for NFTs). So it’s possible but really up to you. Same for going from L1 -> L2.

    Can also use both. Depends what your using the wallet for

  • Kidneytube@alien.topBEnglish
    1·
    1 year ago

    I sent $150 ethereum to my lrc wallet. Go to activate layer 1 Tap activate Then there’s the screen select token to activate and this message pops up -

    Error has occurred please try again

    Uh… alright. So my ethereum is stuck there, and my imx is stuck on the gme wallet? What