Social Tokens; Plague or Paradigm Shift?

Hello Defiers! Here’s what’s going on in DeFi,

• A recap of Shanghai blockchain week
• LiquidStake wants to give you USDC in exchange for staked ETH and here’s what CEO Jame Slazas said about the loan’s interest rate
• PieDAO launches a new DeFi token index
• Zerion adds P&L analysis

Watch The Defiant’s New YouTube Video on Social Tokens

Video producer Robin Schmidt dives into social tokens in the latest Defiant video, produced in partnership with Harmony Protocol.

“In this episode we cover a range of social tokens, explore the pitfalls, the idiosyncracies and the value of a community when reduced to only the most committed members.”

🎙Listen to this week’s podcast episode with SBF & Solana’s Anatoly:

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DeFi Takes Shanghai Blockchain Week by Storm

DeFi is meant to be global, interconnected and open, but there’s still a gap between East and West. Each side of the globe isn’t communicating of working together very much, which doesn’t make much (economic or business) sense. For example, did you know last week was Shanghai Blockchain Week?

If you didn’t (even if you did but), we got you. Vivian Hu of blockchain infrastructure firm Second State was there has a break down of the DeFi projects that stood out the most. Read her take here.

LiquidStake to Issue USDC Loans for Staked ETH

LiquidStake is the latest venture that wants to make it easier to stake ETH by giving validators liquidity on their deposits.

Zerion Adds Profit & Loss Analysis

By Cooper Turley

Zerion now offers DeFi traders a way to easily track their profits and losses on any supported token in its asset management dashboard.

PieDAO Launches New Small+Large Cap DeFi Index

By Cooper Turley

PieDAO has fused its small-cap DeFi+S and large-cap DeFi+L index tokens to form DeFi++, a basket of the most popular DeFi tokens.

Bitcoin and Ethereum will process over $1 trillion worth of transfers this year.

Ryan Selkis @twobitidiotI just remembered that both Bitcoin and Ethereum will process over $1 trillion worth of real value transfers this year. And we didn't even really celebrate that.

3:05 PM ∙ Nov 11, 2020329Likes56Retweets

The Defiant is a daily newsletter focusing on decentralized finance, a new financial system that’s being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Sign up to learn more and keep up on the latest, most interesting developments. Subscribers get full access at $10/month or $100/year, while free signups get only part of the content.

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About the founder and editor: Camila Russo is the author of The Infinite Machine, the first book on the history of Ethereum, and was previously a Bloomberg News markets reporter based in New York, Madrid and Buenos Aires. She has extensively covered crypto and finance, and now is diving into DeFi, the intersection of the two.