It’s been a busy two weeks at Vite Labs and we’re excited to share this extended list of updates, activities, and cool initiatives. Here are the five-minute highlights if you prefer to watch a video:
Blockchain technology is going through some growing pains. It is too difficult and time consuming to move crypto between various blockchains. This makes the barrier to entry for decentralized finance (DeFi) higher. Usually you find that people stay on the first platforms they bridged to and are just reluctant to keep moving to different blockchains despite there being opportunities.