Paypal integrates with Metamask, SBF arrested & things to look forward to in crypto (2023 edition) 🏧

Protocol of the week: Convex Finance 💸

Welcome to the #39th edition of DeFi Fridays!

Access all the previous editions here.

101 today:

• An Update on Brew Money 🏆🥉🎉

• Protocol of the week: Convex Finance 💸

• Major happenings in the ecosystem. 🔰

Brew Money - #3 Product of the Day 🥳🥉

Hi Readers,

We have some great news to share! Brew Money launched on Product Hunt earlier this week & became #3 Product of the Day🙏🎉

We thank you for all the love & support you’ve shown us.

Product Hunt is a forum to discover cool products from around the world. It's a place for product-loving enthusiasts to share and geek out about the latest tech creations.

Protocol Of The Week: Convex Finance

What is Convex Finance?

Convex Finance is a staking protocol that specializes in staking Curve (CRV) tokens. It is built on top of the Ethereum mainnet, and also supports Arbitrum.

What do they do?

They are a liquidity provider that offers boosted rewards for staking your Curve tokens. The thing that stands out about this protocol is that they specialize in Curve and Convex tokens for staking. They provide staking options for other tokens too.

How are they doing it?

They have multiple liquidity pools available on their website where you can deposit your tokens to earn rewards.

Check out this simple tutorial to get started with Convex Finance:

We explain one DeFi Protocol every Friday:

Major News in the Ecosystem:

🔰PayPal integrates with MetaMask

PayPal integrates with MetaMask to enable users to select their PayPal accounts as a payment option to buy ether (ETH) from within the MetaMask app.

⚠FTX founder SBF arrested. What happened with FTX? Read the full story here:

Miles Deutscher @milesdeutscher

The FTX collapse is one of the biggest black swan events in crypto history. It has already damaged the entire industry, but the ramifications run deeper than you may think. 🧵: How far will the FTX contagion spread? 👇

🔰Things a16z is looking forward to in crypto

a16z crypto @a16zcrypto

Just a few things we're excited for in crypto ↓ - Blockchain's mobile moment - ZK, MPC, Post-quantum crypto - Developer onboarding for ZK - On-chain games - Non-transferable tokens - Decentralized energy More directly from our partners here:

a16zcrypto.comA few of the things we’re excited about in cryptoa16z crypto is a venture capital fund that invests in crypto and web3 startups. We back bold entrepreneurs building the next generation of the internet (what many call web3), which unlocks a new wave of creativity and entrepreneurship.

Discover the latest early-stage products, services, and games being built in web3 with Early Ones.

That’s it for today, folks. See ya next Friday. 🧢

Disclaimer: Nothing included in DeFi Fridays should be taken as financial advice.