How DeFi Scales
Unlocking the Potential: Scaling Solutions for DeFi PlatformsDecentralized Finance (DeFi) has been gaining popularity in recent years, offering a new way for individuals to access financial services without the need for traditional intermediaries. However, as DeFi platforms continue to grow, scalability has become a pressing issue. In order to unlock the full potential of DeFi and allow for mass adoption, scaling solutions are essential.
One key scaling solution for DeFi platforms is layer 2 solutions, such as sidechains and rollups. These solutions work by processing transactions off-chain and then settling them on the main blockchain, reducing congestion and increasing transaction speed. By offloading transactions to layer 2, DeFi platforms can significantly increase their throughput an...