2. High Gas Fees on Ethereum Mainnet
Ethereum’s popularity as the primary network for DeFi and dApps has led to network congestion, resulting in:
• Exorbitant Gas Fees: At peak times, gas fees can reach hundreds of dollars for a single transaction.
• Slow Transaction Times: Transactions often face delays due to the high volume of pending operations.
For many users, especially those conducting smaller transactions, these fees make Ethereum inaccessible or uneconomical. This issue has driven users toward Layer-2 solutions and sidechains with lower fees, but transitioning between these networks remains challenging.
The Solution with Innerdex:
Innerdex enables users to easily move assets from the Ethereum Mainnet to low-cost networks like Polygon or Arbitrum. By optimizing swaps and reducing the reliance on high-cost transactions, Innerdex helps users save money and time.
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