# Weekly Action Recap *Author: Ryan Sean Adams* *Published: May 30, 2020* *Source: https://www.bankless.com/de/weekly-action-recap-40f* --- *Level up your open finance game three times a week. Subscribe to [the Bankless program](https://bankless.ghost.io/about) below.* [Subscribe now](#/portal/signup) --- Dear Crypto Natives, I’m bullish. Hard not to be when we’re seeing all-time-high [usage](https://bankless.ghost.io/eth-is-doubly-undervalued-market). *(Seems you’re feeling [bullish too](https://bankless.ghost.io/friday-open-thread-is-crypto-about/comments).)* We’re also seeing [new money protocols](https://bankless.ghost.io/how-to-use-gnosis-to-profit-on-stablecoins) emerge on the regular. We’re seeing crypto finance [swallow traditional finance](https://bankless.ghost.io/how-dai-gets-to-300b). We’re seeing[ advances in cryptography tech](https://bankless.ghost.io/can-fancy-new-cryptography-scale)—these are CPU upgrades to the world’s economic computer. If you’re feeling bullish too remember that *time in the market beats timing the market.* When crypto moves, it moves violently. A handful of crazy up days are responsible for the bulk of crypto gains. You want to be in the market those days—not miss them by trying to [perfectly optimize](https://bankless.ghost.io/pick-a-time-horizon) your timing. Make sure you have a strategy. And do some relaxing this weekend—cause next week’s gonna be 🔥. Monday we’re dropping a podcast ep with the [Winklevoss Twins](https://en.wikipedia.org/wiki/Winklevoss_twins)! We straight up ask—will Gemini be our DeFi friendly bank or should we wait for another? 🔥🔥🔥 Til then, let’s recap. - RSA --- **🙏Sponsor: **[Aave](https://aave.com/)—earn [high yields](https://app.aave.com/) on deposits & borrow at the best possible rate! --- **Recap for the week of May 24th, 2020** --- #### **🎙️WEEKLY EPISODE** ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/4de0bfb2-cf28-47f4-a84d-130dbe2f35b4_944x452.png)[Listen to episode 13](http://podcast.banklesshq.com/going-bankless-with-argent-itamar-lesuisse) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058?ls=1) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://youtu.be/3j1iTj63Mx4) | [RSS Feed](http://podcast.banklesshq.com/rss) --- #### **SCHEDULE RECAP:** - (Market Monday) [ETH is doubly undervalued](https://bankless.ghost.io/eth-is-doubly-undervalued-market) - capture - (Tactic Tuesday) [How to use Gnosis to profit on stablecoins](https://bankless.ghost.io/how-to-use-gnosis-to-profit-on-stablecoins) - implement - (Writer Wednesday) [How DAI gets to $300B](https://bankless.ghost.io/how-dai-gets-to-300b) - consider - (Thursday Thought) [Can fancy new cryptography scale DeFi?](https://bankless.ghost.io/can-fancy-new-cryptography-scale) - calibrate - (Friday Open Thread) [Are we about to enter a bull market?](https://bankless.ghost.io/friday-open-thread-is-crypto-about/comments) - collaborate --- **ACTIONS RECAP:** - Execute any good market opportunities you saw in [Market Monday](https://bankless.ghost.io/eth-is-doubly-undervalued-market) - Complete weekly assignment: [try Tornado for anonymous transactions](https://tornadocash.eth.link/) - Listen to Episode #13: [DeFi’s Mainstream Wallet](http://podcast.banklesshq.com/going-bankless-with-argent-itamar-lesuisse) - [Use a Liquidity Order to profit when stablecoins they rise above $1](https://bankless.ghost.io/how-to-use-gnosis-to-profit-on-stablecoins) - [Learn—how can Maker be used as a global credit system?](https://bankless.ghost.io/how-dai-gets-to-300b) - [Learn—the three ways fancy cryptography can scale DeFi](https://bankless.ghost.io/can-fancy-new-cryptography-scale) - [What do you think—are we about to enter a bull market?](https://bankless.ghost.io/friday-open-thread-is-crypto-about/comments) ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/6f914ba2-b525-4ab2-b8b0-67dc86abcf59_960x639.jpg) --- Go [Bankless](https://bankless.ghost.io/about). $12 / mo. Includes [archive access](https://bankless.ghost.io/archive), [Inner Circle](https://bankless.ghost.io/welcome-to-the-inner-circle-wave) & [Deals](https://bankless.ghost.io/the-deal-sheet)—[(pay w/ crypto)](https://commerce.coinbase.com/checkout/33c9a628-6af7-460e-9e00-c20114f1433d) [Subscribe now](#/portal/signup) --- #### **🙏Thanks to our sponsor** # **[Aave](https://aave.com/)** [Aave](https://aave.com/) is an open source and non-custodial protocol for money market creation. Originally launched with the Aave Market, it now supports Uniswap and TokenSet markets and enables users and developers to earn interest and leverage their assets. Aave also pioneered Flash Loans, an innovative DeFi building block for developers to build self-liquidations, collateral swaps, and more. Check it out [here](https://aave.com/). ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/f2c6ed0c-ca92-469f-bf64-ff1032e36d09_1400x800.png) --- [Tag me](https://twitter.com/ryansadams) on twitter when you subscribe & tell me how you’re going bankless for 3 x 🔥 You’re hooked on the Bankless newsletter…you should try the [podcast](http://podcast.banklesshq.com/)! > [](https://twitter.com/Pickle_cRypto/status/1266054005148483594) --- ***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. I’ll always disclose when this is the case*