# 📺 ROLLUP: Dip Week | The Rise of Polygon | Erratic Elon *Author: David Hoffman* *Published: May 21, 2021* *Source: https://www.bankless.com/de/-rollup-dip-week-the-rise-of-polygon* --- *Get full access to [Market Mondays reports,](https://bankless.ghost.io/crypto-is-about-to-melt-faces-market/) the [Inner Circle](https://bankless.ghost.io/welcome-to-the-inner-circle-wave-06c/), the [Bankless Badge](https://bankless.ghost.io/-guide-2-using-the-bankless-badge/) and more *🔥 [Subscribe now](#/portal/signup) --- **🗞️ [Latest Weekly Rollup.](https://youtu.be/5l7POGsDJTY)***Download the crypto meta to your brain in this weekly show.* [Listen to podcast episode](http://podcast.banklesshq.com/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058?ls=1) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://youtu.be/5l7POGsDJTY) | [RSS Feed](http://podcast.banklesshq.com/rss) --- ### Bankless Sponsor Tools: 💰 **GEMINI** | FIAT & CRYPTO EXCHANGE [https://bankless.cc/go-gemini​](https://bankless.cc/go-gemini%E2%80%8B) 🔀 **BALANCER** | EXCHANGE & POOL ASSETS [https://bankless.cc/balancer](https://bankless.cc/balancer) 👻 **AAVE** | LEND & BORROW ASSETS [https://bankless.cc/aave](https://bankless.cc/aave) 🦄 **UNISWAP** | DECENTRALIZED FUNDING [http://bankless.cc/uniswap​](http://bankless.cc/uniswap) --- ### **📺 ROLLUP: 3rd Week of May** **May 14, 2021** #### Market - [BTC Price](https://messari.io/chart) - [ETH Price](https://messari.io/chart) [ETH Weekly Chart](https://imgur.com/qnzBMrV) - [ETH/BTC](https://ratiogang.com/) - [TVL in DeFi](https://defipulse.com/) - [$DPI](https://messari.io/asset/defipulse-index) - [DPI/ETH Daily Chart](https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP) - **THE DIP** [A BTC Trader’s Perspective](https://twitter.com/BTCization/status/1395053801061634049?s=20) - [Dips Happen](https://twitter.com/dytfin/status/1395007097461477379?s=21) - [Zoom Out](https://twitter.com/raoulgmi/status/1395150660660862987?s=21) - [Exchange Outages](https://www.theblockcrypto.com/linked/105366/exchanges-outages-market-volatility-eth) - [Fear & Greed Index](https://alternative.me/crypto/fear-and-greed-index/) - [What if we had EIP-1559?](https://twitter.com/hasufl/status/1395006497164308480?s=20) --- #### Releases - [Uniswap V3 Already a Success](https://imgur.com/H53upPS) - [Slingshot Launch](https://app.slingshot.finance/trade/m/MATIC/USDC) - [Coinbase Wallet Extension](https://twitter.com/coinbase/status/1394369329408454668?s=20) - [Miso Sushi ICO Platform](https://miso.sushi.com/) --- #### News - **Erratic Elon Musk** [Twitter Fights](https://twitter.com/elonmusk/status/1393995872413888518?s=20) - [Elon vs. Michael Saylor](https://twitter.com/elonmusk/status/1395352073550532613?s=20) - **The Rise of Polygon** [Sushiswap on Polygon](https://twitter.com/SushiSwap/status/1393215036076658688?s=20) - [Delphi Digital Report](https://www.delphidigital.io/reports/polygon-the-swiss-army-knife-of-scaling-solutions/) - [Polygon Ecosystem](https://twitter.com/0xPolygon/status/1395047808860708870?s=20) - [Sleuthing Mark Cuban](https://twitter.com/0xBay/status/1393987720649662464?s=20) - [Cathie Wood & ETH](https://twitter.com/RyanSAdams/status/1394761387302432769?s=20) - [Ebay NFT Sales](https://www.theblockcrypto.com/linked/104508/ebay-offering-nft-sales) - [BlockFi sends BTC, not USD. Oops.](https://www.theblockcrypto.com/linked/104508/ebay-offering-nft-sales) - [China’s Stance on Crypto](https://www.theblockcrypto.com/linked/105190/china-self-regulatory-organizations-crypto) - [Bank of America Leans into Blockchains](https://blockworks.co/bank-of-america-leans-into-blockchain-to-speed-settlements/?oly_enc_id=9918E2523689A0T) - [Wells Fargo & Crypto](https://cointelegraph.com/news/wells-fargo-investment-institute-to-onboard-crypto-clients-by-next-month) - [BinanceChain Instability](https://twitter.com/ProofOfBags/status/1395235478216060935?s=20) - [Microstrategy $10M BTC Buy](https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-10m-in-bitcoin-at-average-price-of-43-663_05-18-2021) - [Yearn bought the Dip](https://thedefiant.io/yearn-finance-seizes-dip-and-buys-back-1-47m-of-yfi-token/) - [Alchemix Audit](https://twitter.com/ProofOfBags/status/1395235478216060935?s=20) - [$1B in Argent](https://twitter.com/argentHQ/status/1394584739160469504?s=20) - [DeversiFi $5M Round](https://blog.deversifi.com/deversifi-closes-oversubscribed-round-lead-by-parafi) - [Zapper $15M Raise](https://www.coindesk.com/defi-dashboard-zapper-raises-15m-to-build-on-platform-app-store) --- #### Takes - [Volatility Scares Institutions](https://www.bloomberg.com/news/articles/2021-05-17/elon-musk-is-now-blowing-up-the-wall-street-case-for-bitcoin) - [DeFi Summer Round 2](https://twitter.com/rewkang/status/1394788692749922304?s=21) > [](https://twitter.com/rewkang/status/1394788692749922304) - Not Here for Meme Coins > [](https://twitter.com/stoolpresidente/status/1394379356487757834) > [](https://twitter.com/RyanSAdams/status/1394402282658308100) --- #### MEME OF THE WEEK > [](https://twitter.com/NeerajKA/status/1395344179371421697) **bonus meme** > [](https://twitter.com/DocumentEther/status/1394982948085116932) --- 🙏**Sponsor: **[Consensus 2021 Conference by Coindesk](http://bankless.cc/consensus2021) | *Save $20 w/ BANKLESS Code* --- #### THIS WEEK ON BANKLESS: - [🧠](https://bankless.ghost.io/institutional-investors-defi/)**[ THOUGHT THURSDAY](https://bankless.ghost.io/institutional-investors-defi/)**[ | Institutional Investors ❤️ DeFi (5/20)](https://bankless.ghost.io/institutional-investors-defi/) - [❓ ](https://youtu.be/BkqBCCPacN8)**[SPECIAL EPISODE | ](https://youtu.be/BkqBCCPacN8)**[BinanceChain with Udi Wertheimer (5/19)](https://youtu.be/BkqBCCPacN8) - [✏️](https://bankless.ghost.io/ultra-sound-conviction/)**[ WRITER WEDNESDAY | ](https://bankless.ghost.io/ultra-sound-conviction/)**[Ultra Sound Conviction (5/19)](https://bankless.ghost.io/ultra-sound-conviction/) - [⚒️ ](https://bankless.ghost.io/how-to-use-polygon/)**[TACTIC TUESDAY |](https://bankless.ghost.io/how-to-use-polygon/)**[ How to use Polygon (5/18)](https://bankless.ghost.io/how-to-use-polygon/) - [📈 ](https://bankless.ghost.io/culture-vibes-market-monday/)**[MARKET MONDAY | ](https://bankless.ghost.io/culture-vibes-market-monday/)**[Culture Vibes (5/17)](https://bankless.ghost.io/culture-vibes-market-monday/) - [🎙️ ](https://bankless.ghost.io/-crypto-legacy-and-value-mark-yusko)**[BANKLESS PODCAST | ](https://bankless.ghost.io/-crypto-legacy-and-value-mark-yusko)**[Mark Yukso of Morgan Creek Capital ](https://bankless.ghost.io/-crypto-legacy-and-value-mark-yusko)**[(](https://bankless.ghost.io/-crypto-legacy-and-value-mark-yusko)**[4/26)](https://bankless.ghost.io/-crypto-legacy-and-value-mark-yusko) --- #### 🏴 JOIN THE NATION 🏴 **Subscribe: **[Newsletter](https://bankless.ghost.io/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://www.youtube.com/c/bankless) | [RSS Feed](http://podcast.banklesshq.com/) **Follow: **[Twitter](https://twitter.com/BanklessHQ?s=20) | [Instagram](https://www.instagram.com/banklesshq/) | [Reddit](https://www.reddit.com/r/bankless/) | [TikTok](https://www.tiktok.com/@banklesshq) | [Facebook](https://www.facebook.com/banklesshq/) --- ***Not financial or tax advice. **This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.* --- ***Disclosure. **From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our [investment disclosures here](https://bankless.ghost.io/bankless-disclosures/).*