Recap: DeFi Week of July 13 🦄

Hello Defiers, hope you’re having a great weekend :) Summing up last week: bZx listed its token BZRX on Uniswap and front-running bots who snapped up the tokens in the first block sparked debate over DEX listings. mStable delayed its own sale after bZx’s experience. It was a great week for Aave; it announced it sold $3M worth of LEND tokens to crypto funds Three Arrows Capital and Framework Ventures, which prompted other crypto funds to disclose their own investments, all while total value locked skyrocketed ahead of its upgrade. COMP slipped from its high, but traders aren’t flocking to short. Rari Capital was one of the biggest new projects launched this week, providing a new yield aggregator with a twist to the ones already in the market. Lasse Clausen of 1kz talked token-based business models, while Republic’s Kendrick Nguyen op-ed argues that tokenization may help bridge the wealth gap, but regulators shouldn’t be ignored.

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