There has been a lot of talk about BSC and other "Ethereum Killers" challenging Ethereum in the face of ridiculous network fees and on-chain inefficiencies.

I believe this is a short-lived narrative that won't stand the test of time. Not only will ETH 2.0 completely crush it but we already have various scalable layer 2 DeFi dapps on Ethereum today.

These dapps will fix the problem in the short and long term by:

1. Reducing the congestion burden on layer 1 Ethereum allowing those who want to stay on layer 1 enjoy a more efficient system
2. And will allow those who migrate to layer 2 to enjoy instant transaction speeds and pay literally zero gas costs

We already have DeversiFi, Loopring, Leverj, Synthetix, Immutable (Gods Unchained), and many others live today. With many more incoming.

As a community, we need to spread the message far and wide that users can make the most of Defi by migrating their assets to layer 2 Ethereum dapps (which will soon have bridges between one another) to resolve Eth's current issues and take the wind out of the CeDeFi sails.

DeversiFi and Loorping are leading the way hands down. You can already migrate your assets to DeversiFi and trade, invest, swap and more with instant times and zero gas (the only gas paid is that to migrate/onboard to the platform and withdraw).

No excuses.