The Defiprime Post #33: Your Weekly DeFi News in Bite-Sized Fashion

William M. Peaster on 15 Mar 2021

Welcome to the 33rd issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between March 7th and March 14th, 2021.

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🔥 The DeFi Bulletin

💱 DEX Report

💵 State of the Stablecoins

  • Fei Protocol outlined the details of its Genesis Group token release event.
  • Maker has unveiled the Optimism Dai Bridge, which will let users quickly move Dai between Ethereum and the Optimism L2 without having to worry about long withdrawal periods.
  • The Frax team released the details of the stablecoin project’s optimized V2 system.
  • The Dynamic Set Dollar team outlined their roadmap to DSD V2.

💎 NFT News

  • Interested in investing into an NFT index fund? This Metaversal guide has you covered.
  • Beeple’s NFT EVERYDAYS: THE FIRST 5,000 DAYS sold for $69M at its Christie’s auction.
  • MoonCats, an NFT project created not long after CryptoPunks in 2017, was rediscovered and revived this week.
  • Amy Castor reports that MetaKovan, the figure who paid $69M for Beeple’s NFT at Christie’s, is Vignesh Sundaresan.

Thanks for reading, and be sure to catch the 34th issue of The Defiprime Post out this time next week! 👋♦️👋

About the author
William M. Peaster
William M. Peaster is a writer and curator of the DeFi Arts Intelligencer, a newsletter tracking Ethereum’s digital collectibles arena. He is not a financial advisor. The thoughts shared in this guest post are his opinions and reflect his personal experiences and personal optimism around Ethereum. He currently owns some cryptoart and ETH.

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