👨🌾 Invest: Yield Opps The yields we're watching this week.
p.s. Thanks to Legion. High FDV, low float is over. Legion is a platform for merit-based access to MiCA-compliant ICOs. Check your reputation score and be part of the ICO evolution.
Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
📸 Daily Market Snapshot: DeFi's buzziest players from the past cycle pumped bigly off of Trump's election win, with Ethena, Aave, Maker and Lido seeing substantial weekly candles. With ETH nearing $3,000 and DeFi mindshare growing, crypto investors are bidding up the long-tail DeFi protocols as well, hoping for a new Trump-induced bull run.
Prices as of 2pm ET
24hr
7d
Crypto $2.53T
↗ 0.8%
↗ 8.6%
BTC $76,717
↗ 0.4%
↗ 10.8%
ETH $2,955
↗ 3.1%
↗ 17.9%
PENDLE $5.29
↘ 1.5%
↗ 10.4%
🕰️
New Token Rating: PENDLE soared off the election of Donald Trump! What other catalysts does this unique DeFi token have at its back?
OpenSea is getting ready for a big revamp launching next month!
In preparation, we've updated our Bankless Guide to the NFT marketplace, so you can get up to speed on their latest efforts ahead of their December OpenSea 2.0 re-launch.
Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
🧑🌾 Farming Alpha: Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇
Not financial or tax advice. Bankless content 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, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
