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Except for the fact that eth transaction fees are insane and will only increase if popularity does. DeFi is DOA.

• michaelsbradley 6y ago
  No, DeFi will simply migrate to L2 solutions as they become viable.
  • root_axis 6y ago
    Yeah, funny how the solution to all the inherent problems with blockchains is to move off the blockchain. The future of "DeFi" is centralization.
    • michaelsbradley 6y ago
      A viable L2 is one that is properly decentralized, though its consensus mechanism need not replicate the mechanism of L1.
    • pa7x1 6y ago
      You are a bit out of date on your assumptions. You can read further here: https://vitalik.ca/general/2021/01/05/rollup.html https://vitalik.ca/general/2021/01/05/rollup.html