“Currently, approximately 95% of the DeFi projects exist on the Ethereum blockchain. If NFT and DeFi developers realize that a secure proof-of-work layer 1 blockchain is the best playing field for their code based projects, then we would expect to see a rise in applications on the Ethereum Classic blockchain,” Kilic said. He added that “we believe there is intrinsic value in a broadly decentralized proof-of-work coin, which Ethereum Classic stands to become, if the Merge does take place.”
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...