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💵MakerDAO Attracts $700M With Higher Yields

The Defiant

DeFi Alpha

Together with

Together with

GM Defiers!

Happy Friday! A new sensation, friend.tech, is stirring the social space, allowing users to trade shares of themselves, while Base's freshly-launched Layer 2 network sees a spike in on-chain activity.

MakerDAO is seeing results from hiking the DAI Savings Rate, with deposits crossing $1B. Meanwhile, Aave's new stablecoin continues to trade slightly below its peg.

Last but not least, the entertainment frontier is set to expand with Krapopolis, Fox Network's intriguing blend of animation, NFTs, and fan participation.

✍️ In today’s newsletter:

  • Spark Protocol TVL surges 750% on higher DAI yields
  • Aave's GHO stablecoin trades at a discount
  • friend.tech lets degens trade influencer tokens
  • Activity on Base hits ATH
  • Fox animated series featuring NFTs to premiere in September

🙏Sponsored

[@portabletext/react] Unknown block type "marketDataNew", specify a component for it in the `components.types` prop

🎬 WATCH

Watch our video on Base going live. And check out our podcast with Erick Calderon, the founder of Art Blocks.


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