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What are the top layer 2 DeFi projects that are gaining popularity in the cryptocurrency community?

avatarMalik RashidJan 13, 2022 · 3 years ago1 answers

Can you provide a list of the most popular layer 2 DeFi projects in the cryptocurrency community? Which projects are currently gaining the most traction and why?

What are the top layer 2 DeFi projects that are gaining popularity in the cryptocurrency community?

1 answers

  • avatarJan 13, 2022 · 3 years ago
    There are several layer 2 DeFi projects that are gaining popularity in the cryptocurrency community. Some of the most notable ones include Loopring, Matic Network, Optimism, and Arbitrum. These projects are gaining traction due to their ability to improve scalability and reduce transaction fees on the Ethereum network, which has been a major pain point for users. By leveraging layer 2 solutions, these projects are able to provide faster and cheaper transactions, making them attractive options for users looking to participate in decentralized finance.