Daily Crypto NewsEDITION #38, 09 July 2022

Who the hell is Mr PUMP?!

Hey Moni Maker

You know, I want to buy myself a cottage. Well, when the next bull run starts, I'm gonna sit up nights doing X's, and then...and then I'm gonna buy myself a cottage, I'm gonna drive there from my ranch. I want to be in the woods, and not a single rooster will wake me up with his "singing" about the imminent collapse of cryptocurrency...

Btw, this is Yield Duck, Farmilka Ranch. Is the market carrying something interesting? Let's find out; let's walk!

PARSING THE MARKET LIKE LEGO

Overall Legacy of the Week

Well, the total DeFi-TVL has gone up as much as six billion! You know, I can even congratulate you. At least that's some progress, although there are versions that the real bottom is yet to come. But Sam from FTX says the market won't be wobbling anymore...

The Ethereum TVL pile is up 3 b in a week. Well, I guess the folks are getting ready for PoS, so gradually, the users will put more and more dough in there. Observe, so to speak.

Buterin would praise it: Connext (+188%)

BNB-chain has grown by almost a billion, 0.7 b in a week. I can't say anything here, only that CZ and Sam from FTX look like the most influential figures in crypto right now...fathers, yeah.

CZ in shock: Solv Protocol (SOLV) (+1783%)

Tron is up 2.5 b for the week. It turns out Tron and Ethereum gave the overall TVL growth picture. Justin Sun is now actively trying to save his USDD and, by the way, seems to be quite successful so far.

Sun will make an announcement: JustLend (JST) (+90.19%)

Avalanche, on the other hand, is down 0.7b. Ohhh, lagging behind the others, boy...

Consolation of the week: cBridge (+159%)

Solana is being sued in the US, and Solana Mobile hasn't found any more from the community. I didn't check it out, but people wrote that there were only 2500 pre-orders. But! Solana's TVL went up by as much as 0.4b. Congratulations at heart!

Yakovenko did great: Tulip Protocol (+51.10%)

Wow! Polygon gave 0.4b in a week. Bravo!

Hurrah hurrah hurrah: Ooki (+185%)

FTM, on the other hand, is losing. Not much relative to TVL's overall DeFi, but okay for myself. - 0.04b.

At least that's it: OnX Finance (+236%)

Long DeFi Story Short:

– The MakerDAO community voted to create a $100,000,000,000 DAI vault for Huntingdon Valley Bank (HVB) as part of a new type of pledge in the Maker protocol.

– Crema Finance has lost $9,000,000

YELD REVIEW | FARM THEM ALL