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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts


Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

Ethereum Gas Fee Prices Rising Again: When Will it End?


The sky appears to be the limit for ethereum (ETH) gas fees as the average price of transactions returned to just short of the USD 5 mark for the first time since a bug apparently derailed the decentralized finance (DeFi) Yam project – and total gas fees reached a whopping USD 7.1 million on August...

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