EtherLite Documentation
  • Welcome to EtherLite
  • About EtherLite
    • Features
    • Advantages
    • Prospective Use Of EtherLite
      • Payment Systems - Fast Finality
      • DeFi Projects
      • Community Inclusion Currencies
      • Derivative Markets
      • Blockchain Gaming Industry
      • NFT Mint and Transfer
      • Secure Voting Systems
      • Governance Mechanism Base for DeFi Projects
    • News & Information
    • Roadmap
  • For Users
    • Wallets
      • Metamask
      • Portis Wallet
    • EtherLite Coin
      • EtherLite Testnet Faucet
    • Explorers
      • BlockScout
    • Governance
    • Claim Reward
  • For Validators
    • About EtherLite Validators
    • Launch a Validator Node
    • Become a Validator
    • How to create EC2
    • How to create RPC
  • For Developers
    • Wallets
    • RPC
    • Remix IDE
  • For Delegators
    • Become a Delegator
Powered by GitBook
On this page

Was this helpful?

  1. About EtherLite
  2. Prospective Use Of EtherLite

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.

PreviousPayment Systems - Fast FinalityNextCommunity Inclusion Currencies

Last updated 4 years ago

Was this helpful?