Ethereum Transaction Fees Drop By 60% After Collapse of Yam Finance

Ethereum Transaction Fees Drop By 60% After Collapse of Yam Finance

Ethereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though. This goes to show that solutions are still needed in the long run.

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