What you say about gas fee is interesting and surely all the de-fi activity could have a role to play there.
This makes me think when Ethereum moves from POW to POS the energy consumption should go down drastically and perhaps the gas fee would go down or at in fiat terms.
What are your thoughts about this @culgin
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I think moving from PoW to PoS will certainly lower the gas fees on Ethereum. But it is still quite a long way to go. Of course I do believe that Ethereum will get there eventually. However, I think it is unlikely we will see that in this cycle.