Full Send Friday: Week In Review

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This week was a relief.

It was absolutely insane, but not 12/10 insane. More building happened, after prices have retraced steadily teams reverted back to longer-term thinking and value accrual.

Nonetheless this week was still jam-packed with a bunch of goodness.

We saw a $FEW sham, L2 scaling, Yam relaunch, the NFT craze explode and more!

Time for the week in review :)

- Andy


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Full Send Friday: Week In Review

There was plenty of action this week - some good, some bad. Let’s start with the dreadfully awful. A band of Ethereum “influencers” came together to start a project called $FEW on Telegram…and well, it didn’t end well.

After seeing tweets like this everywhere for like 2 hours…

Then, the truth came out:

In the spirit of community and decentralization, this experiment did not pan out too well & CryptoTwitter was not happy. Pretty funny to see play out as even we were so confused trying to figure out what was going on. Remember guys, it is a zero-sum game and people might try to take advantage of you - stay aware!

Now some better news:

Synthetix are testing their L2 scaling solution rapidly!

Stake SNX on the Optimistic Ethereum L2 testnet!
Click the image to read the full post :)

Balancer and Ocean Protocol partner up for the first AMM-Based Market Data!

OUSD launched - the first stablecoin that earns yield while still in your wallet!

Image for post

Yam V3 launched with some slight hiccups, but so far the rebases & farming have been great!

Twitter avatar for @bluekirbyfiBlueKirby.eth / YFI 🔥 @bluekirbyfi
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NFTs absolutely blew up…people were buying and selling art on Rarible and making quick profits. The token value of many NFT coins also increased steadily.

$MEME coin pumped from ~$100 to $1800 in nearly 2-3 weeks, topping out this past week.

Sponsor Updates

Aave has been pushing hard on their migration to $AAVE as well as getting V2 going!

Akropolis has been working hard on token value accrual, governance and LM updates!


🛑DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. We are strictly an educational content platform, nothing we offer is financial advice. Please refer to our blog for more on mitigating your downside when using these protocols!


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