Value

"The DeFi boom was fast and furious over the past few months. Yield farming projects have cooled off and had their time in the limelight, but a lot of interesting infrastructure elements, such as borrowing and lending platforms, came out of the craze and will be everlasting. As always, Ethereum has the largest developer network and userbase so these products are predominantly ETH based. If ETH 2.0 brings significantly lower transaction costs then this would be welcomed since gas fees were extremely high and cost-prohibitive for the retail market to participate during the DeFi boom. The high gas costs affected our HedgeTrade (copy trade) platform as the smart contract execution costs went parabolic. We’re looking forward to ETH 2.0 ourselves and even looking at certain alternatives to our infrastructure to limit our dependency on fluctuating gas fees."

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