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February 04, 2021, 01:54:11 AM |
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Alright guys, trading Defi on the ethereum ecosystem has been very profitable to me because I get to sometimes get 10× reward on some of my investment, but this has taken another dimension since more users started flocking the network leading to a very ridiculous high gas fee. To avoid this, I now selectively choose the Defi I trade on ethereum Dex, and in some cases, I just go to CEX if the tokens are already listed there because of the killing ethereum bgas fee which can be as high as $100+, enough for me to place a trade elsewhere. I have equally migrated to BinanceSmartChain (BSC) for lower fees on Dex which is ~$0.21 on trading and ~$0.04 for transaction fees using BNB as the gas fee. But BSC are still new in the industry but doing relatively well. Thanks to the grant by Binance.
It's really difficult to totally avoid uniswap when one has tokens trading only on uniswap.
My question is this: Do we know of any app or wallet which supports offchain scaling of ethereum main network ERC20, in which one can interact directly on ER20 Dex and wallet for a lower gas fee just like we have Segwit enabled Wallet for BTC and the talk of lightening network.
I understand ETH2.0 is been worked upon to resolving this ethereum dark forest mystery.
Thank you.
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