06:13
Alliance DAO co-founder clarifies: We will not be shorting L1 tokens, but we simply believe that L1 tokens are not considered quality investments.
Alliance DAO co-founder QwQiao stated that they will not be shorting L1 Tokens, but believe it is not a quality investment, pointing out that L1 Tokens lack competitive advantages and are prone to commoditization. He suggested following the Application Layer as a potential way out.

