Whale Movements and DeFi Strategies

This chapter explores the confident investment of a whale purchasing over a hundred thousand ETH during a market dip, signaling a bullish outlook on Ethereum and direct staking practices ahead of the merge. The conversation highlights the competitive landscape of DeFi protocols, emphasizing the efficiency and community-driven models of platforms like Yearn and Uniswap compared to traditional finance. Additionally, it addresses the financial strategies of crypto projects, discussing the balance between distributing dividends to token holders and reinvesting for growth, alongside the increased borrowing activity on platforms like Aave.

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4th Week of June 2021.

Anthony on Twitter: https://twitter.com/sassal0x?s=20

Daily Gwei: https://thedailygwei.substack.com/

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💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini

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👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap

------ 📣 Ledger | Securely Exchange with Paraswap https://bankless.cc/LedgerYT2 ------

Topics Covered:

0:00 Intro

2:20 MARKETS 2:38 BTC Price 4:54 ETH Price 6:36 ETH/BTC Ratio 7:50 DeFi Action 12:06 Layer 2 Beat https://l2beat.com/ 16:13 100k ETH Staked in a Day https://cryptopotato.com/over-100k-eth-200-million-staked-in-ethereum-2-0-in-a-single-day/ 19:41 a16z $2.2B Fund https://twitter.com/TheBlock__/status/1408032726716928015?s=20 22:16 Yearn vs. Competition https://twitter.com/bantg/status/1407407535620083712?s=20 26:43 Alpha Homora Fees https://twitter.com/alphafinancelab/status/1407998167975563272?s=21 30:58 Borrowing on Aave https://twitter.com/tokenterminal/status/1408012619840110592?s=21 31:51 Cathie Wood bought the Dip https://news.bitcoin.com/cathie-wood-bought-the-dip-ark-invest-purchases-one-million-gbtc-shares/

35:00 RELEASES 35:45 Futureswap V3 on Arbitrum https://twitter.com/futureswapx/status/1405952663318011904?s=20 39:30 Graph Supporting Optimism https://twitter.com/graphprotocol/status/1405929132932878339?s=20 41:39 Risk Harbor $3.2m Raise https://medium.com/riskharbor/risk-harbor-debuts-on-mainnet-with-a-new-round-of-funding-b18064dbd5dc 44:14 Yield Protocol Series A https://twitter.com/yield/status/1407701683954765827?s=20 45:06 Visa, PayPal, Blockchain Capital https://www.coindesk.com/visa-paypal-join-crypto-vc-blockchain-capitals-new-300m-fund 47:10 Aave News https://twitter.com/AaveGrants/status/1407042749627617287?s=20 48:25 Brave Search Engine https://www.cnet.com/google-amp/news/google-gets-a-new-rival-as-brave-search-opens-to-the-public/?__twitter_impression=true&s=09&utm_source=reddit.com 50:37 Coinbase in Japan https://www.coindesk.com/coinbase-enters-japanese-market-after-completing-registration-with-financial-watchdog 51:45 TOP SIGNAL https://twitter.com/BanklessHQ/status/1407446381103489030?s=20

53:00 NEWS 53:10 EIP-1559 Live on Ropsen http://watchtheburn.com/ 55:13 Venmo Digs ETH https://twitter.com/ryansadams/status/1405955767379824645?s=21 56:30 Stakehound $75m Disaster https://www.theblockcrypto.com/post/109277/staking-company-serves-fireblocks-with-a-lawsuit-over-private-keys-to-over-75-million-in-eth 59:48 Alchemix Return ETH https://app.alchemix.fi/returneth 1:03:02 Reddit ‘Snoo’ NFTs https://www.theblockcrypto.com/post/109450/reddit-nfts-cryptosnoos-ethereum-opensea 1:04:39 Bitcoin Miners in China Nic Carter: https://www.coindesk.com/bitcoin-unpacking-hashrate-nic-cart-migration Good or Bad? https://www.coindesk.com/3-reasons-why-chinas-bitcoin-crackdown-isnt-all-that-bad 1:07:51 Microstrategy 100k BTC https://dailyhodl.com/2021/06/23/michael-saylors-microstrategy-now-owns-over-100000-btc-with-new-purchase/ 1:10:19 NYC Mayoral Lead Likes BTC https://www.theblockcrypto.com/linked/109475/new-york-city-center-of-bitcoins-eric-adams-mayoral-lead 1:10:44 RIP John McAfee https://www.euroweeklynews.com/2021/06/23/breaking-news-antivirus-creator-john-mcafee-found-dead-in-catalan-prison-cell/ 1:12:35 News Bites Goldman & JPM Repo https://www.bloomberg.com/news/articles/2021-06-22/goldman-sachs-begins-trading-on-jpmorgan-repo-blockchain-network?sref=VB9Y24MI Fed Boston & MIT https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx 49% of Institutional Investors https://news.bitcoin.com/jpmorgan-survey-institutional-investors-cryptocurrency-rat-poison-warren-buffett-fad/ South African Ponzi https://fortune.com/2021/06/24/bitcoin-ameer-raees-cajee-theft-south-africa/ MLB and FTX https://www.mlb.com/news/mlb-ftx-cryptocurrency-exchange-partnership

1:15:45 TAKES 1:17:00 Migrating Hacks to BSC https://twitter.com/hosseeb/status/1405637755141431297?s=19 1:19:38 DAO Efficiency https://twitter.com/g_dip/status/1406086186850992128?s=21 1:21:35 Make Money with Friends https://twitter.com/markbeylin/status/1407411367603326981?s=21 1:23:10 Who will you Trust? https://twitter.com/gregisenberg/status/1405722055073542150?s=20 1:24:24 Bat Speaker Emojis https://twitter.com/search?q=%F0%9F%A6%87%F0%9F%94%8A&src=typed_query&f=user

1:26:45 What Anthony’s Excited About 1:29:35 What David’s Excited About

1:30:30 MEME OF THE WEEK https://twitter.com/biancoresearch/status/1408017039508246531?s=21

1:31:37 The Daily Gwei

1:32:50 Closing & Disclaimers

------ This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

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