Layer-2 Networks Emerge as the Foundation of a More Expansive DeFi Ecosystem
Ethereum’s first-mover advantage has never been overcome and to this day it remains the foundation of the DeFi industry, with more than 50% of the total value locked in blockchain-based protocols. But Ethereum’s dominance has led to significant challenges for DeFi protocols, as the world’s number one smart contract network
November 11, 2024 8 mins read