Weekly Action Recap

Your action recap for the week of October 26th, 2020

Our Bankless Apparel ETHSCAPE shirts just relaunched this week. Only 50 will ever be exist. Price drops gradually every 2 mins over 30 days until all BAP0 tokens are sold!

Buy BAP0 on Balancer

Dear Bankless Nation,

Litecoin valued at $3.5B, Bitcoin Satoshi Vision at $2.9B, Tron at $1.7B.

Meanwhile…Maker at $566M, Uniswap at $460M, Aave at $333M.

Let me just ask: do these valuations make sense to you?

The best investors tell you to be greedy when others are fearful. And there’s been a little bit of fear in DeFi markets the past few week.

Short-term price is anyone’s guess. But long-term the outcome is inevitable.

A new financial system is being built for the world—one week at a time.

Let’s get to the recap.


P.S. Hey DeFi entrepreneurs and developers! Build something on Filecoin and get $20K in grants and $1M in funding! Bankless on serverless is pure 🔥. Apply here!

🙏 Sponsor: Zerion – Invest in DeFi from one place. 🚀 (I use this app daily - RSA)

Recap for the week of October 26th, 2020


Listen to episode 36 | iTunes | Spotify | YouTube | RSS Feed



📺 Watch State of the Nation #20: HARDENING w/ Demian Brener of Open Zepplin

Harvest Finance exploit, the definition of ‘trustless’, and Open Zepplin’s DEFENDER

We’re now live streaming State of the Nation—join us at 2pm EST every Tuesday!

📺 Latest Weekly Rollup. Download the week in crypto to your brain in this 25 min show.


  1. Execute any good market opportunities you saw in Market Monday

  2. Learn how to protect yourself from impermanent loss with Bancor

  3. Experiment with Balancer Smart Pools with our Ultimate Guide 🔥

  4. Explore the dichotomy of coordinating vs. defecting. (Listen to it)

  5. What’s your take: Is Biden or Trump better for crypto?

Watch & Listen

  1. 🎙️ Listen to The DeFi Blockspace Cycle with Nic Carter 🔥

  2. 📺 Watch State of the Nation #20: HARDENING

  3. 📺 Watch Weekly Rollups - 4th Week October - new show!

  4. 📺 Watch Meet the Nation with Balancer

Go Bankless. $12 / mo. Includes archive access, Inner Circle & Badge(pay w/ crypto)

🙏Thanks to our sponsor


Zerion is the easiest way to manage your DeFi portfolio. Explore market trends, invest in 170+ tokens, view returns across wallets and see your full transaction history on one sleek interface. They’re also fully bankless, which means they don’t own your private keys and can’t ever access your funds. I use this app daily! Start exploring DeFi with Zerion on web, iOS or Android. 🔥


P.S. Don’t forget to get check out Zerion’s new Uniswap integration. 🦄

Tag Bankless on twitter and tell us how you’re going bankless for 3 x 🔥

Level up with our Ultimate Guide to Balancer Smart Pools

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.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. I’ll always disclose when this is the case