DeFi Projects
Gas prices in Ethereum are touching the skies. EtherLite has the ability to use existing Ethereum smart contract and tooling. Developers can port their existing Ethereum-based dApps in a matter of minutes, substantially upgrading the performance and lowering the costs. High gas fees on Ethereum make many applications more difficult to use. This includes DeFi applications - notably DEXs like Uniswap and others. Often, fees can eclipse actual trading amounts, and can limit a trader's ability to capitalize on opportunities. Trading on EtherLite allows users to make many swaps, or create many positions, without fee prices limited the number of trades. Faster blocks also enable more rapid trading options. There are costs associated with moving assets to EtherLite (and bridging them back to Ethereum). But once they have been moved, trades can be executed as often as a trader desire.
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