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Dear Bankless Nation,
On the Ethereum side, the Grayscale of Canada launched QETH yesterday. That’s a publicly traded pseudo-ETF locking up another $75M ETH. That’s on top of the $775m recently locked up and staked in Ethereum bonds.
We talk all this over our weekly rollup but here’s my question: how long till all this lock-up leads to a supply side crises?
Rest up in December—2021 is gonna be a wild ride.
Let’s just shake off these regulatory jitters first.
Here’s a few things we have slotted for next week:
(Monday) An outsider’s perspective on crypto (podcast already live for badge holders!)
(Tuesday) Debate with Ryan Selkis on State of the Nation “is ETH money??”
(Wednesday) Bull run tax tips for 2020
(Thursday) A fire piece from Paul Brody on the state of Enterprise Ethereum
Let’s get to the recap.
Recap for the week of December 7th, 2020
(Market Monday) The DeFi Mullet - replace
(Tactic Tuesday) How to leverage social tokens on Rally - farm
(Writer Wednesday) The bull case for decentralized index funds - contend
(Thursday Thought) 10 Best Gifts for Crypto Lovers - give
(Friday Open Thread) What was your best trade this year? - share
🎙️STATE OF THE NATION #25 - Defending Our Nodes
Chatting with the team at CoinCenter on how to defend against the STABLE act.
We’re now live streaming State of the Nation—join us at 2pm EST every Tuesday!
Weekly Badge Perks 🔥
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🗞️ Latest Weekly Rollup. Download the week in crypto to your brain in this 25 min show.
Execute any good market opportunities you saw in Market Monday
Leverage social tokens with Rally
Consider the bull case for decentralized index funds 🔥
Explore the 10 best gifts for crypto lovers
Brag about your best trade this year
Watch & Listen
🎙️ Listen to The Global Game of Crypto with Bruno Maçães
📺 Watch Weekly Rollups - 2nd Week of December - new show!
📺 Watch our AMA with James Ferguson, CEO of Gods Unchained
🙏Thanks to our sponsor
Aave is an open source and non-custodial protocol for money market creation. Originally launched with the Aave Market, it now supports Uniswap and TokenSet markets and enables users and developers to earn interest and leverage their assets. Aave also pioneered Flash Loans, an innovative DeFi building block for developers to build self-liquidations, collateral swaps, and more. Check it out here.
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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