Vitalik Buterin: Lower Layer 2 Fees Enable ‘High-Value DeFi’ on Ethereum Ethereum founder Vitalik Buterin has emphasized that the recent reduction in Layer 2 fees is a major milestone for decentralized finance (DeFi) on Ethereum, allowing “high-value DeFi” to operate efficiently. Buterin made these comments on X (formerly Twitter), noting that the blockchain industry is