Agreed! There must be solid tokenomics so there is real demand.

There was a small team of developers working on Layer 2 on STEEM, actually it was a separate chain if I'm not mistaken but this didin't go past few months of testing, as far as I know.

STEEM developer portal looks like it hasn't had any updates in 6-7 years.

A good Layer 2 will definitely open the door for more dApps on STEEM but I guess the current low prices of STEEM are drawing many developers back at the moment.

However, there are chains already existing with low gas fees so why reinvent the wheel. :-)