🚨 Now live!
As the last step towards the highly anticipated mainnet upgrade, Celer’s @layer2finance v1.0 testnet launched today on #Ethereum Goerli testnet with a $20,000 testnet reward campaign to incentivize community testing efforts
Details: https://t.co/2eIajD8BM1 #Layer2
(1/3) 🎉🚀@layer2finance v0.1 launches on @ethereum mainnet taking on two biggest challenges in DeFi: high cost and complexity of use.
You can now use @AaveAave@compoundfinance and @CurveFinance through https://t.co/LO8Diwuaxr completely for FREE. https://t.co/BHTNvPlsMh
To kick off in celebration and to show our appreciation, all fees associated with using DeFi protocols on L2 are covered in the next 60 days! To learn how L2F is accelerating the #DeFi adoption for the masses, video: https://t.co/0xysvFogaL, a blog: https://t.co/QpdDDB3t3y
🚀 We are thrilled to announce v0.1 has launched on the Ethereum mainnet to bring #DeFi to the masses by addressing two of the biggest challenges preventing DeFi from reaching mass adoption: high transaction fees and complexity of use. And https://t.co/kIssa1hNiX is free to use!
https://t.co/zaEq47jvA1’s solution allows anyone to access all existing DeFi protocols at a fraction of the cost via “DeFi Public Transportation System”. Initially, three DeFi protocols on Ethereum are supported @compoundfinance@AaveAave@CurveFinance and many more to come.
Can’t use #DeFi due to high gas costs?
Unveiling @layer2finance for #DeFi mass adoption on @ethereum!
Scaling up layer-1 #DeFi “in-place” via layer2 rollup:
🤑100X lower-cost
💪no liquidity fragmentation
🧊zero protocol migration!
Next 100X user for #DeFi
https://t.co/1LeXLPnzF1
We are excited to launch Layer2 Finance Testnet Carnival: try out Layer2 DeFi Scaling on Testnet and join a series of fun gamified competitions with $32,000 prizes! Be the best-in-class:
🏹Yield Hunters
✅ Stability Masters
🧙♂️UI/UX Magicians
Details: https://t.co/pqNW7lecD6
Great article from @DefiantNews on the "First World Problem". There is a massive audience out there, who have heard about #DeFi, traded tokens, but are never able to benefit from DeFi because 1. gas cost is too high; 2. concepts are too complex. @layer2finance solves both.
Congrats on the announcement! Would be interesting to have different strategy adapters for different liquidity concentration level for @layer2finance users to choose from. Looking forward to the launch and connecting with V3 LP as a strategy for our users!
This is a really interesting analogy but did we build a blockchain to serve Wagyu to elites or address the pressing need for "fair & open financial market" Big Mac for the masses? And I think, we all want to get $3.99 Big Macs made with Wagyu. @layer2finance is bringing that.
Great podcast and great teams! @layer2finance is taking a bit of a different approach: instead of building #DeFi on L2, we BRING L2 to #DeFi instead! #DeFi protocols can just sit tight and let L2 scaling come to them via @layer2finance
@Tetranode L2 is coming, but what is the right way to get #layer2 scaling for #DeFi? Don't ask #DeFi to migrate to layer2 and start all over! Instead, we should enable liquidity on layer-2 to tap back to Layer1's #DeFi world. ZERO dev, ZERO migration, 100X scaling. https://t.co/1LeXLPnzF1