💵MakerDAO Attracts $700M With Higher Yields

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

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

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