🚀 SUBSCRIBE TO NEWSLETTER: bankless.substack.com/ ✊STARTING GUIDE BANKLESS: bit.ly/37Q17uI ❤️JOIN PRIVATE DISCORD: bit.ly/2UVI10O 🎙️SUBSCRIBE TO PODCAST: podcast.banklesshq.com/ ----- Episode: #18 June 22, 2020 A DeFi token called COMP gained over 900% last week. DeFi going parabolic. What in the world is going on? Are these DeFi tokens real? If they are, is this the start of the another 2017 style bull market? How much can you money as a yield farmer? We bring on Dan Elitzer a Venture Capitalist, writer, DeFi futurist, yield farmer and the absolute best person to tell us what's going on.  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: 💸 RAMP - FIAT ONRAMP FOR DEFI (ONRAMP $100k FREE WHEN YOU MENTION BANKLESS) ramp.network/ 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS monolith.xyz/ 🌈AAVE - LEND & BORROW YOUR CRYPTO W/O A BANK aave.com/ 📈MULTIS - BANK YOUR BUSINESS W/O A BANK! (1 MO TRIAL - JUMP QUEUE WITH "BANKLESS") multis.co/ ----- EPISODE COVERED: - Why COMP went parabolic - Why DeFi tokens are real this time - The spark for the next bull run - DeFi tokens as rocket fuel - Why ETH is getting left behind (so far!) - The best yield farming opportunities - Superfluid yield farming - The downside of DeFi tokens - Where this is taking us next Join us next Monday for a fresh episode! ----- RESOURCES: (Article) Superfluid Collateral in Open Finance tokeneconomy.co/superfluid-collateral-in-open-finance-8c3db15efac (Article) Meet the SAFG medium.com/ideo-colab/meet-the-safg-defis-emergent-framework-for-participatory-investing-and-protocol-development-62286a576fb5 (Article) Voting for cash flows bankless.substack.com/p/voting-for-cash-flows-market-monday-b13 (Listen) Episode 12: Protocol Sink Thesis bankless.substack.com/p/12-the-protocol-sink-thesis (Listen) Episode 11: Going Bankless with Compound bankless.substack.com/p/11-how-to-go-bankless-with-compound ----- ACTIONS: Subscribe to Bankless newsletter to get Dan's next article bankless.substack.com/ Read Gavin's article on SAFG medium.com/ideo-colab/meet-the-safg-defis-emergent-framework-for-participatory-investing-and-protocol-development-62286a576fb5 ----- Don't stop at the video! Subscribe to the Bankless newsletter program bankless.substack.com/ Visit the official Bankless website for resources banklesshq.com/ Follow Bankless on Twitter twitter.com/BanklessHQ Follow Ryan on Twitter twitter.com/ryansadams Follow David on Twitter twitter.com/TrustlessState ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.