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Recommendation On A Layer 2...Specifically For Defi. (alien.top)

submitted 2 years ago by Reaper7One@alien.top to c/ethereum@blockchained.world

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Hello All,

Have been using defi (Oasis, Defi Saver, Avve, Uniswap, etc) on the ethereum mainnet for as long as I can remember.

Getting tired of the high gas prices. Thinking of using metamask to bridge to optimism which is integrated which is integrated with most of the Dapps I am using.

This is my first time using Layer2s. Was always concerned with centralization and safety but transaction costs on the mainnet are brutal and will probably only get worse if we see a new bull run.

How secure/safe is optimism? What is the best/safest ways to bridge assets back and forth. Is there a better way to accomplish what I am trying to do?

Thanks in advance for the help!

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[–] Datacruncha@alien.top 1 points 2 years ago

You can check L2beat for risk analysis of each l2. I mainly use orbitor and hop to get between each one. You can use something like across to go from mainnet to an l2 and it might be cheaper than an official bridge but you would have to price check. You can also go from mainnet->Cex->an L2. I like arbitrum the most but I would play around with the new ones as well in case of an airdrop. Each one could mean thousands of dollars like when arbitrum airdropped. I also don't keep much money on L2s in case one explodes which almost happened to optimism. Have an amount where you wouldn't be too sad if it was all gone.