Layer 2
in progress
J
John Dexfolio
It's a lot of fun being able to trade quickly between assets without paying gas fees. Feel like the market is going down? Swap to a stable coin and buy back later. Or just put your tokens into a liquidity pool and earn mining and transaction fees. For cross chain tracker information, you can visit this blog https://www.dexfolio.org/blog-posts/cross-chain-tracker
Callybendt
Migrating to Pulsechain wen its live should not be complicated so every thing on ETH wil be copy over to pulsechain even the Enzyme finance platform
Mona El Isa
in progress
J
Jelle Arts
Mona El Isa: Great to see this :)
H
Hadinem
Polygon would be the best Option, both fee and liquidity wise!
H
Hayaan
Maybe something like Arbitrum is starting to look appealing!
Although it might be relatively early due to its embryonic stage.
Luck Cableway
Migrating to Polygon should not be complicated as The Graph is on Matic as well and smart contracts are in solidity.
It would enable more active rebalancing and investors won't pay 300usd of gas fees when investing (currently its not interesting under 5k investment for regular yield strategies)
a
a
Luck Cableway: You are right. For smaller amounts it doesn't make sense to invest...
I'm a bigger fan of ZK-Rollups or Optimism, in the sense that retaining the security and decentralization of Ethereum is a very important thing.
But maybe Polygon is not a bad idea either... I'll admit my ignorance here, although a scaling solution is needed.
Luck Cableway
a: Polygon works crazy well already today. They will integrate ZK-rollups and Optimistics rollups as well. Optimism is already 6 months late and plan to go live, maybe, in July :)
Rossco Paddison
a: In time we will live in a multichain reality, why not just start using them in a speed-to-market type way and add many networks, fast!
DeepCryptoDive
under review
AF RC
DeepCryptoDive: Are there any updates on this front?
Gas Fees are certainly one of the biggest hurdles to a diversified portfolio using Enzyme.
Closing 3 or 4 positions amounts to $500 in fees these days. It's too much considering it falls under the manager's own holdings rather than from the Fund itself.
H
Hayaan
AF RC: I'm with you. But maybe there's no solution good enough yet...