# The Element Airdrop & DAO Launch | Will Villanueva & Jonny Rhea

*Author: David Hoffman*
*Published: Apr 6, 2022*
*Source: https://www.bankless.com/de/the-element-airdrop-and-dao-launch*

---

![audio-thumbnail]()The Element Airdrop & DAO Launch | Will Villanueva & Jonny Rhea0:00/0:001×⬆️* Join [Bankless Premium](#/portal/signup) to listen to the [Ad-Free version of this episode](https://bankless.ghost.io/early-access-the-internet-reset-alexis) *🚀

[Subscribe now](#/portal/signup)
---
Element Finance is an open-source protocol for fixed and variable yield markets. Yield markets you say? Like the incoming Trillion-dollar ETH Staking yield market?

Come learn about how Element is putting a financial layer on top of Ethereum staking, and the other cool new inventions that the Element team has for the DAO space.

**Will Villanueva** is CEO of Element and previously worked at Consensys doing research on Ethereum Sharding. **Jonny Rhea** is CTO of Element and previously worked at Consensys working on an Ethereum client.

---
***M·A·C *****Cosmetics ***x **Keith Haring** are Launching an **NFT Collection** for a **Good Cause***

[Help youths in need](https://bankless.cc/MAC)
---

#### 🎙️ **[STATE OF THE NATION](https://youtu.be/wcQN8f3_6Fg)**
[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/wcQN8f3_6Fg) | [RSS Feed](http://podcast.banklesshq.com/rss)

---

### Bankless Sponsor Tools:
👀 **POLYGON** | LAYER 2 DEFI
[https://bankless.cc/Polygon](https://bankless.cc/Polygon)

❎ **ACROSS** | BRIDGE TO LAYER 2
[https://bankless.cc/Across](https://bankless.cc/Across)

🦊 **METAMASK** | THE CRYPTO WALLET
[https://bankless.cc/metamask](https://bankless.cc/metamask)

💳 **LEDGER** | THE CRYPTO LIFE CARD
[https://bankless.cc/Ledger](https://bankless.cc/Ledger)

🧙‍♂️ **ALCHEMIX** | SELF REPAYING LOANS
[https://bankless.cc/Alchemix](https://bankless.cc/Alchemix)

🦄 **UNISWAP** | DECENTRALIZED FUNDING
[https://bankless.cc/UniGrants](https://bankless.cc/UniGrants)

---

#### RESOURCES
- [DAO Launch Announcement](https://mirror.xyz/0x3fcAf7DDf64E6e109B1e2A5CC17875D4a5993F39/bctuLRkf7oBL4mMJ9lPf0y0blFjBDslTUfUL0CEk1gc)
- [Guide to Element](https://bankless.ghost.io/a-guide-to-fixed-income-on-element/)
- [Yield Token Compounding](https://ytc.component.fi/ytc?base_token=0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48)
- [Previous Bankless Show with Element](https://youtu.be/iF5O1rPbsm4)

---

#### 🏴 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/).*