Finance Redefined: Is this the escape from Ethereum? Feb. 3–10

Finance Redefined: Is this the escape from Ethereum? Feb. 3–10

Everyone’s trying to jump ship from Ethereum’s layer one, apparently. Finance Redefined is Cointelegraph's DeFi-centric newsletter, delivered to subscribers every Wednesday.It seems that this week, finally, the community has had enough of Ethereum’s gas fees.That is obviously a bit of hyperbole, as gas fees are high precisely because people are willing to pay such a premium for Ethereum block space. But we’re seeing a kind of “applied trickle-down economics,” where a few brave degens are venturing outside to see what else exists in the world.The effect has been particularly pronounced on....


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