# Weekly Action Recap

*Author: Ryan Sean Adams*
*Published: Mar 6, 2021*
*Source: https://www.bankless.com/de/weekly-action-recap-177*

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Dear Bankless Nation,

*Hey look ma we made it *to [Andrew Yang’s podcast! ](https://yangspeaks.com/) 🔥

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/239bc1e8-f190-4651-a888-794098ab5398_2154x1226.png)*[This is one to send](https://www.youtube.com/watch?v=PRXBfr-busk) your crypto curious friends—lots of 101 content!*

👇

Meanwhile this wk…Paypal [purchased a crypto custodial solution](https://cryptobriefing.com/paypal-buy-curv-crypto-custody-firm/) for $500M.

This is the [the DeFi mullet](https://bankless.ghost.io/the-defi-mullet-market-monday-lite/) thesis playing out. *FinTech in front, DeFi in the back. *Eventually every multi-billion dollar FinTech company will switch out their traditional banking infrastructure for [crypto rails](https://www.youtube.com/watch?v=X8UTHr_98Uk).

That’s exactly what they’re starting to do. According to [The Block](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbWF3QjA1VGpRQUFJV1lqM2xlcjZmS28wY2djd3xBQ3Jtc0tuTURWbVJFRDN1eGlqQUxtZ3drN0tCRF9hZndxbjVmcWNsTWMzMEVzOC1DVnJicE5kVFJ4SlM1X3BETmFic2E2elFKbWZRMUZoY3Y2ZW9aMGR0Y2tZM0lnUFk0UERfNDdDZHBpWGlHNFRXM3lVWjFLYw&q=https%3A%2F%2Ftwitter.com%2Fmdudas%2Fstatus%2F1367525905761984517%3Fs%3D20), Paypal is experimenting with Ethereum, smart contracts, and other blockchain technologies to help improve their payment processing and other functionality.

As Matt Hougan from Bitwise [said in our conversation this week](https://www.youtube.com/watch?v=yo13qjnO1xo&t=7s)…*the banks have no idea what’s coming for them.*

Maybe the banks will grow out their own mullets to compete.

Here’s what’s lined up for next week:

- Our 1 year anniversary episode! Welcome to Bankless | 2021 Edition (*[early access](https://bankless.ghost.io/-early-access-welcome-to-bankless)*)
- Going to make the case for why SUSHI is worth over $100
- [3LAU](https://twitter.com/3LAU) coming on SOTN! He [just sold a $11.6m NFT](https://www.forbes.com/sites/abrambrown/2021/03/03/3lau-nft-nonfungible-tokens-justin-blau/?sh=2dafb5344643)! (*biggest ever NFT sale*)
Let’s get to the recap.

- RSA

### **Recap for the week of March 1st, 2021**

#### **🎙️ WEEKLY PODCAST EPISODE**
[Listen in Podcast App](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/l3ptz8qvZcg) | [RSS Feed](http://podcast.banklesshq.com/rss)

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#### **SCHEDULE RECAP**
- **Execute **[any good market opportunities you saw in Market Monday](https://bankless.ghost.io/binance-has-no-soul-market-monday/)
- **Earn **[bank off the funding rate](https://bankless.ghost.io/how-to-make-bank-off-the-funding/) 🔥
- **Trade **[DeFi options like a pro](https://bankless.ghost.io/defi-options-strategies-for-traders/)
- **Learn **[these token metrics to evaluate DeFi protocols](https://bankless.ghost.io/token-metrics-you-should-know/) 🔥
- **Share **[your worst mistake in crypto](https://bankless.ghost.io/friday-open-thread-what-was-your-6fd/comments)

#### **Watch & Listen**
- 🎙️ Listen to [Why DeFi is the future | Mark Cuban](https://bankless.ghost.io/-why-defi-is-the-future-mark-cuban) 🔥
- 📺 Watch [SotN #36: DeFi crypto index for financial advisors | Matt Hougan](https://bankless.ghost.io/-sotn-36-defi-crypto-index-for-financial)
- 📺 Watch [Rollup: 3LAU & Grimes NFT | Paypal Crypto | Citigroup Report](https://bankless.ghost.io/-rollup-big-dip-nft-culture-coinbase/-rollup-3lau-and-grimes-nfts-paypal)
- 📺 Watch [Meet the Nation: Liquity | Robert Lauko](https://www.youtube.com/watch?v=NjwS1hmtqAQ)