November starts boring for crypto.
But there is still some good news.
Here is the top important DeFi news to pay attention to this week 🧠🧵
@EtherFi DAO proposed a $50M $ETHFI buyback if the token trades below $3. Voting ends today.
For more DAO recaps, check out our thread.
In just two weeks, x402 facilitators handled $3.8M in transactions and 4.1M trades, with fierce competition from Coinbase and Polygon.
That’s a 10,000% jump in onchain activity, nearly 500K ops in the past week, thanks to its frictionless DeFi payment model.
@solana launched an x402 hackathon, with sponsorship from Visa, Coinbase, Phantom and more. $50,000 in prizes.
@SolvProtocol expands to @CantonNetwork, the public blockchain with privacy.
@megaeth allocation results on Nov 5th.
That's all for this week! Don't forget to follow us @PinkBrains_io for more DeFi news and insights. 🧠
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