People lossing interests on ERC-20

[Black ID]

In my opinion, it would be best to wait until ethereum 2.0 finishes and releases. And we will see how it will affect and become a solution for high gas fees or not. If nothing changes, maybe the option to migrate using tron, is the right choice and can be tried.

[Nboramir]

Temporary transfer of assets from ethereum to other areas due to fee fees arising from defi madness. However, when everything becomes more stable with Ethereum 2.0, all entities directed to other platforms will return to ethereum again.

[highnayem34]

In the past few weeks, we have all witnessed an enormous surge in the transaction fees on the Ethereum Blockchain with very low transaction speed. It greatly impacted the business and forced us to transfer the increment in those fees to the community and users of our application. In a bid to resolve this and avoid future related issues, we have proposed to migrate our token to the Tron blockchain. This will enable us to secure the future of your investments and that of the project.

Actually Erc20 primarily based platforms assets area unit supported Ethereum gas fees relying. thus if I transfer ERC-20 assets from mew to the any exchange it cuts the Ethereum because of Ethereum-2. So tron, stellar, others some coins transfer it needed to chop Tron.

[tinakoya]

Transferring of ERC20 tokens to an exchange due to fees cutting may not be a good idea though due to the fact that funds are not entirely safe on an exchange since you do not control the fund and can be stolen at any give time. Recently, kucoin was hacked even though they had a reputation of never being hacked prior to that. We have to be careful.

I believe Ethereum 2.0 may be able to solve the issues of high transaction fees as network congestion will decrease hopefully after the update.