Just about anyone who has used the Ethereum blockchain in the last few months is familiar with the complaint: Due to high demand for decentralized finance (DeFi) products, the network has become too congested. As a result, transaction fees are spiking.
But Ethereum is where most of the products are. What good is a faster, cheaper blockchain if you can’t do as much on it?
It’s against this background that Avalanche is welcoming decentralized exchange (DEX) SushiSwap to its network. The developers at Ava Labs think that bringing the largest decentralized exchange by total value locked on Ethereum can help Avalanche grow its DeFi offerings and compete against Ethereum. (TVL measures in dollar terms how much cryptocurrency users have put in the platform’s smart contracts. In other words, it’s a rough measure of how popular a DeFi protocol is.)
Ethereum ‘Killer’ Avalanche Is Building an ETH Bridge to Liquidity
Earlier this year, developers launched a bridge to Ethereum, meaning
Źródło: https://decrypt.co/61517/ethereums-top-decentralized-exchange-heads-to-rival-avalanche
