When reading an article I noticed that many find it difficult to resolve Ethereum's high fees. However, another article talked about an improvement in AAVE's DEFI protocol to make the cost of fees cheaper. Would the use of these improvements help with the high rates of ETH?
AAVE's improvements
The article comments in more detail, she says: "The DeFi Aave (AAVE) protocol will work with the Polygon (MATIC) layer 2 of Ethereum to resolve the congestion currently experienced on the platform. As a secondary chain of Ethereum, Polygon can escape the high transaction fees that currently exist on the second largest blockchain, Ethereum.
"Aave also announced that the team will soon build a smart contract bridge that will allow users to port their assets to Polygon using Metamask."
"In addition to creating a sidechain that allows for fast and almost free transactions, the Polygon app ecosystem includes collectibles from the Aavegotchi community."
"A sidechain on Ethereum refers to any mechanism that allows layer 1 mainchain tokens to be used safely on a completely separate blockchain, but still moved back to the original chain if necessary."
Still on the improvements: "With the rise of Uniswap in 2018 and the emergence of" Automated Market Makers "(AMMs) in the DeFi ecosystem, Ethereum users are now able to exchange assets without the need for centralized third-party intermediaries. AUsers can facilitate the provision of liquidity and receive fees for it. "
"Last year, the Aave Protocol developed a proof of concept known as the" AMM Liquidity Pool "with the" Aave Uniswap V1 Market ", which allows users to deposit Uniswap v1 LP tokens in the Aave Protocol and use them as collateral. community interest in this pool, users will be able to use Liquidity Pool (LP) tokens from multiple AMMs, with Aave Governance proposals and decisions on which AMM protocols and collaterals to add. "
If this improvement really guarantees a low transaction fee, could it be done within the Ethereum blockchain? I'm honestly worried about this, because my savings are stuck at these high rates ....
It may not be that simple ..
