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Except for the fact that eth transaction fees are insane and will only increase if popularity does. DeFi is DOA.


No, DeFi will simply migrate to L2 solutions as they become viable.


Yeah, funny how the solution to all the inherent problems with blockchains is to move off the blockchain. The future of "DeFi" is centralization.


You are a bit out of date on your assumptions. You can read further here: https://vitalik.ca/general/2021/01/05/rollup.html


A viable L2 is one that is properly decentralized, though its consensus mechanism need not replicate the mechanism of L1.




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