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.
Loopring
A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.
DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.
Ongoing projects led by Loopring:
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Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
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Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
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Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.
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