What is L2 Protocol

L2 Protocol runs layer 2 blockchains for other projects. If your coin lives on a chain that has no smart contract support, you cannot build lending, staking or governance on top of it. L2 Protocol gives that project its own layer 2 chain, with an EVM, a bridge back to the original chain, and a validator set that secures it.

The service is operated for you. You do not run the infrastructure, write the consensus code or maintain the bridge. You bring a community and a reason for the chain to exist.

What you get

• An EVM chain with smart contract support, block explorer and RPC endpoint.
• A bridge between the original chain and the new layer 2, so holders can move value both ways.
• A validator set with staking and delegation, so the chain is secured by people with something to lose.
• On-chain governance with a timelock, so the rules of the chain can change without anyone holding a private key over it.
• A fee burn that removes L2P from circulation on every block.

What it costs

Getting a chain is a qualification, not a purchase form. There are three ways in, and they are covered in Get your chain.

Where L2P fits

L2P is the native coin of the chain. It pays for gas, it is what validators stake, and it is what governance counts when it weighs a vote. It is a coin, not a contract balance: there is no ERC20 for it on its own chain, the same way ETH is not an ERC20 on Ethereum.

Read The L2P coin next if you want the economics, or Connect to the network if you just want to send your first transaction.

If anything here is unclear

Ask us. Open a ticket at support.l2protocol.com and a person answers it. There is no such thing as too basic a question, and asking is always cheaper than guessing when money is involved. See Getting help.