Recent statements made by Marc Boiron, CEO of Polygon Labs, have shed light on his apprehensions about Layer 3 networks. Boiron believes that the emergence of L3 networks could jeopardize Ethereum's security and undermine its value. This apprehension was highlighted following the launch of Degen Chain, a low-cost Layer 3 blockchain developed by the Degen ecosystem. Despite gaining popularity among users, the project faced criticism from Boiron and other prominent figures for its potential risks.