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CrossTower: DeFi on Binance Smart Chain versus Ethereum

crosstower-05.06.21

DeFi projects on Ethereum have attracted so many users over the last year that gas fees on Ethereum have risen to levels that many consider exorbitant. Consequently, this has pushed users to seek alternative, cheaper platforms that allow them to participate in DeFi. One of such is Binance Smart Chain (BSC), which has seen total value locked (TVL) and user growth soar in recent months.

George Kaloudis

George Kaloudis was a senior research analyst and columnist for CoinDesk. He focused on producing insights about Bitcoin. Previously, George spent five years in investment banking with Truist Securities in asset-based lending, mergers and acquisitions and healthcare technology coverage. George studied mathematics at Davidson College.

George Kaloudis