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Celer Network featured on Finance Magnates

All Cryptocurrencies

by COINS NEWS 244 Views

https://www.financemagnates.com/thought-leadership/400-gas-fees-and-the-layer-2-solutions/

Celer proposed a similar solution with its Layer2.finance platform, which is designed to make interacting with DeFi on Ethereum a far cheaper and more efficient task by providing a “DeFi Public Transportation System” of sorts.

The platform uses a layer-2 rollup solution to allow users to easily split the cost of interacting with various DeFi DApps in a completely trustless, non-custodial manner. Right now, the protocol supports Curve, Compound and DAI, allowing users to save up to 99% on their transaction fees by safely batching their DeFi transactions with other users of the protocol.

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