This podcast episode covers various topics in the crypto market including the current state of Bitcoin, Ethereum, and Layer 2s. It highlights the growth and impact of layer two ecosystems such as Base and discusses the risks and rewards of projects like Athena. The episode also delves into the launch of the Wormhole token, the role of blobs in Ethereum's Layer 2 ecosystem, and the challenges faced by the Base Layer 2 protocol. The emergence of Layer 3 chains, the debate over Ethereum's issuance curve, and the drama between AAVE and MakerDAO are also discussed. The episode concludes with a warning about the potential pitfalls of April Fool's jokes in the crypto industry.
