Upgrading DeFi from Dial-up to Broadband
summary
Built on StarkWare ZK-rollups to batch thousands of actions into one validity proof, the system targets 100 tps goal and currently settles with full Ethereum security in self-custody. Production metrics show $500M traded and 660,000 on-chain transactions, with current cost around 25 cents per tx and claims of approaching one cent as volume grows. Live features include fast swaps, cross-protocol yield aggregation, a web UI plus API, and a returned-user funds incident tied to a high-fee error.
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chapters (12)
- 0:00DeFi broadband upgrade intro
- 1:29Diversify’s Ethereum to Layer 2 journey
- 3:34StarkWare’s ZK-proofs for Layer 2
- 6:02Crypto revolution and DeFi scaling
- 8:28Layer 2 solutions for Ethereum
- 10:10EVM vs app-specific Layer 2 scaling
- 11:54Diversify’s mainstream DeFi role
- 13:18Frictionless DeFi hub on Layer 2
- 14:41DeFi replacing bank accounts in 3 years
- 15:24Q&A: APIs and user onboarding
- 16:29Q&A: First steps for newcomers
- 17:54Q&A: Transparent transaction errors
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