Bitfolio Academy Coaching Community Podcast

55% of all of DeFi is on Ethereum. So, when it comes to Decentralized Finance, Ethereum is the elephant in the room. But ethereum has a problem. The blockchain is slow, and the fees are high. Polygon has the ability to solve both of these problems. And, 2023 could be a big year for the Polygon blockchain and for MATIC. Late 2022 or 2023 is when sharding will happen on Ethereum. And, 2023 is when Polygon could become a clear winner in powering Defi on Ethereum.

Solidly SoliDEX Rug Pull on Fantom! As a result, Fantom has dropped 25% in the last three days. On February 23rd, Andre and Dani Sesta launched solidly, a new yield farm and exchange on fantom. Within 3 days, there was 2.2 billion dollars locked in smart contracts on the exchange. But in less than 2 weeks after solidly was launched, Andre announced that he is doing a public rug pull on solidly and closing it down. The solid price dropped $3.30 to $1.25 in two days. The Fantom price dropped 25%.