Recap: DeFi Week of July 27 🦄

Hello Defiers! hope you’re having a great weekend! Summing up this past week: Governance updates were what’s up, with Synthetix dissolving its foundation and turning control over to three DAOs, and Aave implementing “Aavenomics.” yEarn’s YFI token continued making headlines, this time as many forks of it popped up. As ETH continued to rally, easily crossing $300, more than 70% of ETH holders have now made money with their investment. Augur released its long-awaited V2, Dharma integrated with Uniswap, Coinbase users will now earn 2% on their Dai. Also, FTX launched a DEX on Solana, Polkadot raised $43M in private token sale and Mainframe acquired Sablier. This week’s podcast episode was with Polychain Capital founder Olaf Carlson-Wee, who spoke about an internet-sovereign future. And there’s more :)

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