Building multichain is a new necessity for DeFi products By

At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than . And they expect you to provide the best of all worlds.

It seems there will always be a debate about which blockchain makes for the best foundation for projects. Enhanced security, low transaction costs and formidable speed — there will always be a chain that offers bigger advantages. As the speculators argue over the next potential “Ethereum killer,” a new multichain reality is forming that has a less stark competitive implication. Instead of a dog-eat-dog framework, the future of blockchain and DeFi will favor those products that mesh into a cooperative multichain user solution and eventually forget those that stay isolated.