The financial paradigm is shifting at a rapid pace with the launch of the new DeFi tools. The launch of Ethereum 2.0 had been greatly anticipated by the finance experts as it can propel the DeFi market that faced a major dip in the last quarter of 2020. Steven Becker, the president and chief operating officer of Maker Dao stated that it is because of Ethereum 2.0 's capability of improving the major performance metrics such as scalability and throughput without affecting the decentralization that it can be the biggest boon for the DeFi future. Ethereum 2.0 had a network shift with the introduction of Proof-of-Stake consensus engine consequently improving throughput and scalability.
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