Weekly Recap 2020-07-04

Log of things seen in week 2020-06-28 to 2020-07-04 (updated mid week)

Blockchain Blockchain Blockchain

Tried out some of the liquidity provision protocols and yield farming. Currently down about $50 in Coinbase fees and gas fees.

Deposited 500 DAI in Compound to test UI and COMP liquidity mining
- A couple of days later the COMP distribution changed so DAI interest rate increased. Currently getting 3.13% APY
Deposited 500 DAI in Aave Uniswap Market Currently getting 8.09% APY
- Interesting because the deposit is borrowed to provide liquidity to a Uniswap automated market maker
Deposited 0.02BTC into Synthetix BTC Yield Farming pool
- Step 1: BTC -> renBTC - first a transfer of BTC from wallet to RenBridge in a BTC transaction (this took some time to go through), then an Ethereum contract call to complete the transaction.
- Step 2: renBTC -> crvRenWSBTC in Curve
- Step 3: crvRenWSBTC -> Mintr LP - No tokens output so check balance either in Mintr UI or etherscan
Proof of Pre-Order token for “The Infinite Machine” by @CamiRusso
Actus Liquidity Incentives & DeFi Roadmap for on-chain options
Lien stablecoin splits volatile assests into stable and liquid components
- Lien whitepaper
DeFi Money Market governance token
People, Pizzas and Packages: a delivery network for the 21st century
MCDEX 10x perpetual swaps
DeFi status report: Black Thursday