Sponsor: Cartesi — Discover the power of Linux for your ambitious dApps, only on Cartesi.

📸 Daily Market Snapshot: Crypto prices fell more today. If you've noticed a vibe shift in crypto lately, you're not alone. ETH Maxis are dunking on Vitalik on Twitter, crypto can't decide how to feel about Trump's influence, the memecoin dream is collapsing, and the industry is aching for something to get excited about. Not every asset was down-only this month, though; August's big winners? Helium, Aave, Sui, and Tron bucked market trends.

🧑‍🌾 Farming Alpha: Falling prices often correspond with falling yields, but you can now earn 19% disaster-proof (?) yields by providing liquidity to Kamino’s incentivized PYUSD-USDC pool on Solana. While Pendle often provides superior rates of returns, variable rate USD opportunities appear more attractive this week, yet you are unable to lock in the advertised return. Meanwhile, BTC yields remain elevated as the crypto industry continues to digest the implications of Justin Sun’s impending WBTC acquisition.

Subscribe for free to continue reading

  • Support the Bankless Movement
  • Access to thousands of articles
  • Complete archive of Bankless episodes
  • Embark on free quests in Airdrop Hunter
  • Daily alpha in your inbox

Already subscribed? Sign in


0
0
No Responses
Search Bankless