I'm not very good at telling grand narratives, you know, I'm just a tool who watches the funding rate and open interest every day. Recently, I've been switching back and forth between the mainnet and L2, and my feeling is: the mainnet is like "expensive but stable," while L2 is like "cheap but occasionally freezes or takes half a day for cross-chain." My current compromise is: for daily small interactions, airdrops, and playing with protocols, I prefer to leave them on L2; if I need to handle large amounts or sleep soundly long-term, I go back to the mainnet or just do less. I'd rather earn a little less than be tortured by gas fees and bridge anxiety.

By the way, recently everyone has been comparing RWA and US bond yields to on-chain yield products. After looking at it, I just want to say: no matter how good the returns look, the fees plus the cost of moving assets back and forth also count as "implicit interest rate"... Anyway, I set a reminder for myself: stop when gas gets high. Don't gamble on bridge stability just to save a few bucks; discipline is more important than the route.