The article is a weekly recap focusing on the latest developments in the DeFi space. Two major narratives are highlighted: the emergence of liquid staking tokens (LSTs) and oracleless protocols. Notable events include Yearn’s announcement of yETH and the launch of Surge Finance on Arbitrum. The article also mentions some controversy within the social and consumer sectors.
- Explore Liquid Staking Tokens (LSTs): The article suggests that LSTs are becoming a significant narrative within DeFi. Traders and investors should explore this concept further.
- Understand Oracleless Protocols: Oracleless protocols are another emerging trend in the DeFi space. The article encourages readers to understand this concept and its implications.
- Monitor Yearn and Surge Finance Developments: The article highlights Yearn’s announcement of yETH and Surge Finance’s launch on Arbitrum as significant events. These developments should be closely monitored.