Can NEON Save $SOL DeFI? I think it can defintely be a catalyst. Post FTX collapse, $SOL defi is not the same as it was before, TVL has dropped astronomically. With Neon, now $ETH DeFI Dapps can now port over immediately to $SOL , here is a list (@CurveFinance is huge)
Now that Neon is launching , popular EVM dapps can essentially just copy paste their code into Neon and have a running dapp on $SOL , with no code changes, and at the same time benefit from @solana scalibility, low transaction speeds and TPS.
Lets start by explaining what EVM is. "EVM" is basically the way that smart contracts execute on $ETH , so all the Dapps on $ETH and other EVM supported chains can run. $SOL has not been EVM compatible, and Dapps have been built up from scratch.
🔸@MagicEden launched Open Creator Protocol (OCP) 🔸MagicEden partnered with @stripe 🔸@metaplex Royalties Update 🔸@Stepnofficial Genesis Shoebox Giveaway 🔸@DegenerateNews will be the first to mint on Magic Eden's launchpad