Aave tackles high Ethereum fees by building on Polygon's layer 2 platform
Apr 1, 2021 06:26 GMTCrypto News With the rise of DeFi since summer 2020, the Ethereum network faced congestion and high transaction fees. Aave aims to address high fees on Ethereum to make bring DeFi back to everyone’s hands. Crypto could see mainstream adoption if fees are significantly reduced. Aave, a decentralized lending and borrowing protocol built on the Ethereum blockchain, has announced it will scale its DeFi platform, putting its platform on several sidechains, including Polygon. The rise of DeFi and scalability solutions The summer of 2020 witnessed the rise of DeFi, leading ...
Source: forexcrunch.com