New blockchain offers minimal fees and fast transactions for DeFi apps

[Lenipiw]

As DeFi sends Ethereum fees to a record average of $15, a new blockchain says it can execute an identical transaction for just $0.0008. A new blockchain network says it serves as a much cheaper alternative to Ethereum, reducing costs for decentralized finance applications.

As reported by Cointelegraph, the transaction fees paid by Ethereum users have been hitting record highs recently, with congestion on the network taking the average fee at the start of September to as high as $15.
Source: https://cointelegraph.com/news/new-blockchain-offers-minimal-fees-and-fast-transactions-for-defi-apps