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DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls
29.4.2022
Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%....
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Layer 2, Decentralized Exchanges Show Strong Growth on Ethereum in Q1 2022
29.4.2022
However, the average daily active addresses increased nominally, implying most growth came from existing users
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
20.4.2022
MakerDAO is currently the 4th largest DeFi protocol as per TVL rankings with $14.24 billion in locked value
How to Use Layer-2 Solutions to Save on Ethereum Fees: StarkWare
11.3.2022
Over 7,000 decentralized applications (dapps) are currently operating on the Ethereum (ETH) network. However, the Ethereum network was not originally designed for such a workload. Ethereum dapps have suffered from the chain’s scalability issues, which have caused transaction speeds to slow down...
Layer 2 address activity slows, but Arbitrum bucks the trend
1.3.2022
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently
Staking in 2022: Ethereum’s Merge, Institutions, Layer-2, and Liquid Staking
27.2.2022
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Staking is seemingly set for a big 2022. With Ethereum (ETH) planning an eventual move to a proof-of-stake (PoS) consensus mechanism this year, it will bring staking to thousands if not millions of users who’ve never tried it before, with the growth of ETH staking likely to feed into...
StarkWare Launches Layer 2 Product StarkNet on Ethereum
23.2.2022
StarkNet uses rollups to squash Ethereum’s crushing gas fees
Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi
23.2.2022
Web 3 browser Opera has integrated with decentralized finance (DeFi) trading platform DeversiFi to bring a Layer 2 Ethereum to its users
How to Use Layer-2 Solutions to Save on Ethereum Fees: Optimism
22.2.2022
Ethereum (ETH)’s scaling challenges have led to exorbitant gas fees that are increasingly excluding people from using the network to access decentralized finance (DeFi) applications or to mint non-fungible tokens (NFTs)....
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Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’
13.2.2022
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed...
Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.0, and Layer 3
5.2.2022
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Read More: Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.0, and Layer 3
How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X
2.2.2022
The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...
MetisDAO TVL surges by 99,800% as the layer-2 race heats up
21.1.2022
The total value locked on METIS rose by 99,881% in a month after the layer-2 project integrated with numerous DeFi protocols and cross-chain bridges
Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally
13.1.2022
A bullish technical analysis pattern and the potential approval of the EIP-1559 proposal could back MATIC’s attempt to rally to a new all-time high
How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
30.12.2021
“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani
ShibaSwap Developer Hints at Shiba Inu Layer 2 Scaling Solution Release
20.12.2021
Shiba Inu makes headlines again with Eric M hints at its Layer 2 scaling solution. The ShibaSwap developer briefly discussed the subject in a discord server primarily focused on SHIB. When asked by a user about Shiba Inu’s Layer 2 solution, Eric responded “soon” without presenting a specific time....
Mintable app to support minting NFTs on the layer 2 Immutable X protocol
14.12.2021
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders
The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution
2.12.2021
The Nervos Network is an open Blockchain platform for innovators to build applications that are decentralized, autonomous and universally accessible. They want to create an all-encompassing architecture that allows dApp developers to build once and reach all of these users, everywhere using layer...
Binance opens layer-2 ETH deposits with Arbitrum One integration
19.11.2021
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost