1/ The US Senate just voted 60-38 to overturn SAB 121

This is a BIG deal!

It is the 1st crypto bill to get to the President

It also sends a message to U.S. Securities and Exchange Commission that they are screwing up

What is SAB 121?
Why is this vote a big deal?
How did the banks help crypto win here?!

👇

Congress voting to repeal SAB 121 is the first of many legislative victories for crypto in the U.S.

Excited for President Biden to sign it into law 🇺🇸

veYFI holders in the yearn ecosystem vote every two weeks on how to distribute dYFI incentives to liquidity providers. ⚖️

Today we’re releasing a public dashboard displaying Gauntlet's optimal voting recommendations for Boosties and coveYFI!

guess it's back to sandwich the ripper now 😂

STATE OF WISCONSIN INVESTMENT BOARD BOUGHT $99M OF ISHARES BITCOIN ETF: 13F

Source: DB | Coins: BTC

It is amazing to see the evolution from Donald J. Trump on crypto. Whoever is coaching him on this issue is crushing it.

If Joe Biden stays anti-crypto, the downstream consequence is crypto goes from Anti-Gensler to Anti-Biden to anti-Democrats.

how to raise the gas limit, part 2 ⛽⛽

1. the goal = raise the gas limit
2. the approach = use lots of data
3. the focus today = 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 𝐆𝐑𝐎𝐖𝐓𝐇

very excited to release our latest research on the LARGEST + LEAST DISCUSSED factor holding back Ethereum's gas limit

Wrapped $FRIEND would circumvent transfer restrictions by leveraging transferrable FRIEND/ETH LP tokens

This could allow FRIEND exchange listings and DEX trading with less than 3% fees

IMO this would be bullish FRIEND but bearish FriendTech equity

Uniswap: we don't exchange anything.
SEC: no. u r exchange
Coinbase: we are an exchange.
SEC: no. u r broker-dealer
Robinhood: we are a broker dealer!
SEC: no. you iz clearing agency

This is a watershed moment in the history of this industry. Behemoths of traditional finance interacting with a DAO is not something I would have imagined saying so quickly.

Kudos to everyone involved with bringing STEP to life!

friend token is the first memecoin that is also a culture coin that is also a dex that also has real revenue that is also distributed entirely to the community that is also backed by paradigm

gm, hope you’re having a great weekend. ☀️

3 new Boosties vaults and the next epoch of $COVE rewards launch today!

Enjoy best-in-class yields of up to 47% on your $USDC, $DAI, and $WETH. Powered by the next generation of yearn vaults.

grand poobah Tarun Chitra elected president of The Chopping Block (on farcaster) in a landslide victory 👑

cohosts Haseeb ＞|＜ Robert Leshner Tom Schmidt ＞|＜ did not receive a single vote 😁

KMNO team evidently didn’t realize that Bybit updated the leaderboard to show profits from spot holdings before naming their account “Team Sales”, and ranking #2 on the weekly leaderboard. Congrats on the exit I guess 🤷‍♂️

He’s too modest to post this, but I want to give you a huge congrats to Tarun Chitra on being the new spokesperson for Guangzhou Belly Beauty Devices LTD! It make beauty easy! Best new venture!

Releasing Reth Execution Extensions.

Execution Extensions (ExEx) are post-execution hooks for building real-time, high performance and zero-operations off-chain infra on top of Reth.

Today's release demonstrates a Reth-based Rollup in <1000 LoC, among other exciting things.

Updates on the EIGEN Stakedrop

The Planetfall Prime Event snapshot will be taken on May 9, 2024, at 11:11 UTC.

Wallets holding Planetfall ParaSets at the time will be eligible for $PRIME rewards.

Complete your sets by buying or trading Planetfall cards on sanctuary.online/marketplace

Compositions reposted below.

Not clickbait.
Not engagement farming.
Just how to earn up to 90% yield on stables with Yearn.

> I expect capital to flock back into protocols that have the capacity to pay users in-kind with stablecoins or ETH as farmers lose all faith in anything else. Protocols building in the trenches and offering real economic value will be rewarded with capital

So yearn basically