DeFi & DAO Updates 📰🚀 #55: December 6th

ETH 2 is Live, and other great headlines

📺 News & Articles

• Can DeFi indices finally make crypto-based passive investing worthwhile?

• Yield farming is a fad, but DeFi promises to change the way we interact with money

• BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

• Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL

• ‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era

• $100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

• Facebook-Backed Libra Association Changes Its Name to Diem

• The Road to Becoming a Super-Aggregator'

• DeFi Index Funds — November Review

• Ethereum DeFi: Yearn Finance announces 4 new partnerships in one week

• DeFi's biggest names contribute to $1.1M investment in dHEDGE's fund managers

• ETH 2.0: The Next Evolution of the Cryptoeconomy

• Wrapped Filecoin Comes to DeFi on Ethereum

• Upgrades to the Yield App

• SushiSwap Saved - 0xMaki Speaks Out

• DeFi Platform ‘Sushiswap’ Attacker Foiled by Dev Team’s Quick Moves

• Introducing Valid Points: The Risks and Rewards of Staking on Eth 2.0

• Announcing Balanced Crypto Pie (BCP): BTC, ETH and DEFI

• The Great Merger Movement: DeFi Edition

• The API3 Public Token Distribution Event Has Ended

🤹Tweets of the Week

tomuky.eth ⟠ @tomuky

Not enough people talking about @PieDAO_DeFi 🥧's new $BCP (Balanced Crypto Pie) token 33% BTC (wBTC) 33% ETH (wETH) 33% DeFi tokens It's the same mix I tell my friends when they ask me what to buy, now lives as a single token

⟠ toast.eth 🦄 @intocryptoast

Staking ETH is currently paying 0.016 ETH a day. That's 5.85 ETH per year or 18.25% APR Not too shabby at all

David Iach | davidiach.eth @davidiach

My take on what happened to DeFi in the past few weeks. Thread below:

loldefi @loldefi

✨New portfolio alert✨ “The Cronje Special” $YFI 🔵 #KP3R 🤖 $SUSHI 🍣 $COVER 🛡 $CREAM 🍦 $PICKLE 🥒 $AKRO 🏛 $COL? 🦆🤫

DefiYield.info 👨‍🌾🚜 @defiyield_info

Message to the scammer of compounder.finance just scammed approximately $10,800,000 I have personally lost approx. 1m$ and the rest of the crypto community lost approx. 10m$ from your rug pull.

✨ Market Commentary & Paper Trading

Since December, we have been featuring a spotlight of the week. After doubling the initial fund, we sold half for $10,000 and created the ‘Outlier Fund’ looking for small-cap DeFi buys that we think to have a chance of bringing exponential returns. Feel free to follow our buys!

For the Outlier Fund, our pick is Mirror Protocol (MIR) and Keep3rV1 (KP3R) for $500 each.

If you have suggestions for next week’s picks, DM or Tweet us at @Token_Valley

🤖🤣On the lighter side..

Tommy Mustache #❤️❤️❤️ @MustacheTommy

@rallyqt @cz_binance