The Decentralized Finance (DeFi) ecosystem has come a long way since the yield farming craze that fueled the 2020/2021 bull run.
At the time, most of the protocols were launching solely on the Ethereum blockchain; however, with transaction fees skyrocketing, alternative Layer 1 blockchains such as Solana and Layer 2 networks like Optimism also gained popularity as DApp-building ecosystems.
While this was a step forward in making DeFi more accessible and cheaper, the advancement came with its own set of challenges. DeFi applications were limited to a single blockchain network, making it hard for users to transfer assets from one chain to another or capitalize on opportunities across the board.
To bridge this interoperability gap, developers and innovators in the DeFi market started building cross-chain infrastructures, which essentially leverage smart contracts to enable the transfer of digital assets between various chains.
The big question, however, is whether these bridg
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