Whales profit as high Ethereum gas fees sideline retail DeFi investors
Cointelegraph
Published Feb 06, 2021 06:30PM ET
Updated Feb 07, 2021 08:20PM ET
Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders.
Despite these features, this week’s record-high gas fees show that the sector is still having growing pains and the absence of a suitable layer 2 solution could be pushing smaller investors away from DeFi.
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Written By: Cointelegraph
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