Anticipation for ETH 2.0 is at its highest now, and it creates an opening for eth related tokens

With Ethereum completing the final Kiln test onto the new chain, it seems the gates have been opened and everyone is ready for the upgrade, many reasons to be excited about this, but it’s important to note all the positive effects it will have on the other chains as well.

You see, ETH doesn’t work on its own, and it wasn’t designed that way anyway. As we’ve seen in the past year, many other coins have grown dependent on ETH and have used its blockchain as part of their blockchain, notwithstanding all the positive effects it has had on the DeFi world.

You see, if it wasn’t for the success of ETH, DeFi wouldn’t exist even. It basically launched it into the Ether, literally.

DeFi is huge right now, and it has never been this big before. The whole world has come to understand that DeFi is a need and a must. F DeFi expands the use of blockchain from simple value transfer to more complex financial services. Specifically, DeFi refers to an ecosystem of decentralized applications – autonomous applications that operate using smart contracts instead of relying on an underlying company to manage them.

Apparently, as reported by CoinDesk, some DeFi platforms allow you to pay off student loans even, other platforms like Aloha DeFi function as a gateway into the DeFi space, with NFTs and DAOs within providing win win situations for everyone. A decentralized world that is just getting started but carries much potential.

Right now, one of the largest sectors within, and the current news item of all mass media, is GameFi, as more and more game companies try to branch out with DeFi to expand the gaming industry.

The success of ETH, pushes the success of DeFi, and DeFi is bound to change the world.