Die Savings Rate on Ethereum

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17.4% of all staked ether was deposited last month in the month of May. That's a decent chunk of maker Dow revenue going into the die savings rate. Implied that will increase the supply of die in the market, making them more competitive with basically Deebos and Treasuries out there which are about 5%.

Bankless Weekly Rollup 1st Week of June 2023

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------ Topics Covered

0:00 Intro

3:30 MARKETS 7:49 ETH Staking https://twitter.com/hildobby_/status/1663960826225491996?s=20

10:25 CEX Balances 5 Year Low https://decrypt.co/142507/ethereum-bitcoin-balances-exchanges-edges-5-year-lows

12:25 State of NFTs https://twitter.com/cyounessi1/status/1663617804812136450?s=20

17:29 China Bullish On Crypto https://www.theblock.co/post/232404/beijing-web3-white-paper

23:03 Celsius Has A Deal https://www.coindesk.com/policy/2023/05/25/fahrenheit-wins-bid-to-acquire-assets-of-insolvent-crypto-lender-celsius/

28:16 Worst Crypto Winter? https://twitter.com/icebergy_/status/1663693201620758528 https://twitter.com/RyanSAdams/status/1663973894645075969?s=20

36:00 SMALL NEWS

36:26 Bullish On Blend https://dappradar.com/blog/blur-dominates-82-of-the-nft-lending-market

37:50 Coinbase Gas Free Transfers https://twitter.com/CoinbaseWallet/status/1663680306329821184

39:47 MoonPay Took $150M? https://twitter.com/web3isgreat/status/1663664708409339904?s=20

41:21 Paradigm Enters AI https://www.theblock.co/post/232247/crypto-vc-paradigm-ai

44:00 Binance Layoffs https://www.theblock.co/post/232696/binance-layoffs-cuts-jobs

45:50 Worldcoin Raises $115M https://blockchain.capital/worldcoin-proof-of-personhood-world-id-and-the-future-of-crypto-onboarding/

50:07 Magic Raises $52M https://magic.link/

52:54 Questions From The Nation Join Our Discord - https://discord.gg/zMVU2bBrcz

1:06:10 Takes Of The Week https://twitter.com/VentureCoinist/status/1662514641233166337?s=20

1:15:10 What Are You Bullish On? https://twitter.com/TrustlessState/status/1663680140117680129?s=20

1:21:48 Risks & Disclaimers

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