Two solutions could be the next big thing to make some serious price moves in the ethereum ecosystem the need is incredibly obvious we have players like xdi and omg they have a very big opportunity right here but i actually think that matic is probably the furthest ahead in terms of actually building a defi ecosystem if they can move fast and if they can get it right then defi could quickly move in to layer two allowing for a lot more people to participate
We even see players like tether working to reduce congestion by implementing layer 2 scaling solutions now in tether's case they're actually looking at roll ups and implementing that but they've also been obviously integrating with different block chains and with omg as well bring layer 2 solutions again to ethereum
We're gonna see more of this happening because in spite of ethereum's insane fees everybody wants to use ethereum it is the cool kid in town now it is up to the builders to make using ethereum more accessible to non-whale accounts which leads me on to the third point ethereum is absolutely becoming a whale game if you want to play in defi you got to be spending that money you might be spending a thousand dollars or more a day in transaction fees going in and out of these different defi protocols meaning that you need much more than that to be able to play profitably a hundred thousand dollars might be the minimum buy-in for some of these platforms
Even if you're not chasing the latest trend and just sticking with the safer bets like zapping into defi then you still need to pay that 150 dollar gas fee thus you probably need at least five grand maybe 10 grand to make it worth your while you can always just buy the fly coins on uniswap of course but that's if only farming is out of reach to you and it does mean that if you are buying these then you are buying what the whale farmed for free and is now selling to you now you may think that all this is bad for ethereum
Posted Using LeoFinance