A single supply/borrow transaction cost $300 in fees

A single supply / borrow transaction, the core function of compound, currently cost $200-400 in fees. This effectively makes this platform unusable.

what is being done to resolve this ridiculous situation with the ether gas fees, otherwise i dont see how this platform can survive. Why would anyone pay those fees especially considering the very average yield

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This is very true compound is just here to use our cash to fill development very High fees, very poor customer and product service infact even their Ceth is not supported by same coinbase they claim to work with, whoever has extra cash take cardano and stake solana forget compound
I advice once the cycle is over all move your funds from here to yield farming Amm. And binance or cardano and solana
For now am disappointed by compound