If you’ve been on Uniswap, or any other decentralized exchange (DEX) lately, you have probably noticed that Ethereum gas fees have been extremely high. For some, that is a royal pain, while for others it is a boon.
For those traders who like to spread out their risk into small positions, swapping Ethereum for another coin has become highly impractical. The gas fees can be a significant percentage of the principal, or even exceed the amount that you are trying to swap.
For Ethereum miners, this problem has become an opportunity. In fact, Ethereum miners recently enjoyed their most profitable hour and day ever! This makes some think about mining Ethereum, while for others it makes them look for other solutions.
Help appears to be on the way. Ethereum is the foundation of Web 2.0 and Web 3.0, and is attracting tons of developers. DeFi is on fire, and it is important for you to know which side of Ethereum you are on.