RE: Polkadot BTC Wrappers
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I've already told several times somewhere that I suspect the ETH-based DeFi is mostly done
I'm surprised it has done so well with all the high gas fees, that is the main reason I never held a bunch of it. I figured EOS or Hive would have taken a much bigger piece the pie by now.
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ETH gas fees are not so important for those who already have a lot of ETH. But they kill the newcomers who have to buy ETH for USD now.
I'm not sure that Hive can do DeFi. However, maybe just nobody tried it yet.
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