Recap: DeFi Week of Oct. 12 🦄

Hello Defiers! Hope you’re having a great weekend. Summing up this past week: Filecoin launched on mainnet after three years of development, with the FIL’s fully diluted market cap ballooning to over $200B. Coinbase Wallet is testing Optimism’s scaling solution, while Synthetix moved to phase two of its own trial of the network and prediction market Polymarket also moved to Layer 2. Uniswap’s decentralized governance kicked off with a proposal from Dharma, while competing AMM Bancor’s upgrade promised to reduce impermanent loss. Aave raised $25M, while boardroom raised $2.2M from venture investors.

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