# Weekly Action Recap *Author: Ryan Sean Adams* *Published: Feb 29, 2020* *Source: https://www.bankless.com/de/weekly-action-recap-937* --- *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, Ethereum is like a [tech tree in a video game](https://bankless.ghost.io/ethereums-tree-of-life-market-monday). [I created this graphic to show how](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/image/fetch/c_limit,f_auto,q_auto:good/https-3a-2f-2fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com-2fpublic-2fimages-2f2fb0808b-a140-4a06-b41a-54353a827859_1910x1828.png) new capabilities get unlocked with every new DeFi protocol. Take [Zaps for instance](https://bankless.ghost.io/tactic-25-how-to-use-a-zap)—we can now enter or exit a position in one click—what will they unlock on the tech tree? The arrival of ETH staking is another unlock—the first risk-free rate for ETH lending. A rate setter for the entire Ethereum economy. Like T-bills to the US dollar. But exchanges will want in and what if all the staking ends up in [custodial crypto banks](https://bankless.ghost.io/is-custodial-staking-bad-for-ethereum)? Oh, and you know what else we need? The bankless movement translated into every language. Started a [Chinese translation of Bankless](https://banklesscn.substack.com/) Tuesday. We’ll expand and do more if we can bootstrap the support. Soon. But here’s the one thing you need to know right now: #### Something big is coming on Monday March 2nd 🔥🔥🔥 All I can stay now is…stay close to your inbox. -RSA --- #### **[📝 Friday Open Thread: why are you here?](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments)** - [FC came for the investment opportunity but stayed for the mission](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments?token=eyJ1c2VyX2lkIjoyMjE0NjcsInBvc3RfaWQiOjI5NDQwNSwiXyI6IlhjVmdMIiwiaWF0IjoxNTgyOTA4OTk4LCJleHAiOjE1ODI5MTI1OTgsImlzcyI6InB1Yi0xNjAxNSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.ekeHrjkvEuYVsxFkfbmFn1sczFXaW9tZBK31-gnq3kw) - [Christopher’s here so he doesn’t have to tell his kids he missed the next internet](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments?token=eyJ1c2VyX2lkIjoyMjE0NjcsInBvc3RfaWQiOjI5NDQwNSwiXyI6IlhjVmdMIiwiaWF0IjoxNTgyOTA5MDc2LCJleHAiOjE1ODI5MTI2NzYsImlzcyI6InB1Yi0xNjAxNSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.koRreqRUEEWJF32rENuGLadBPu1tK3nrCZ_4YXhKf7s) - [Raina’s here to pay it forward](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments?token=eyJ1c2VyX2lkIjoyMjE0NjcsInBvc3RfaWQiOjI5NDQwNSwiXyI6IlhjVmdMIiwiaWF0IjoxNTgyOTA5MTU4LCJleHAiOjE1ODI5MTI3NTgsImlzcyI6InB1Yi0xNjAxNSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.DHuUVzqgGk8LQMZsncpWwi5OQwZVH8Diyt4B7qVGyF4) What [about you—why are you here](https://bankless.ghost.io/friday-open-thread-how-do-you-deal/comments)? New open thread ever Friday at 10am EST! --- **Recap for the week of February 23rd, 2020** --- #### **SCHEDULE RECAP:** - (Market Monday) [Ethereum's Tree of Life](https://bankless.ghost.io/ethereums-tree-of-life-market-monday)** **- capture - (Tactic Tuesday) [How to use a Zap](https://bankless.ghost.io/tactic-25-how-to-use-a-zap) - implement - (Thursday Thought) [Is custodial staking bad for Ethereum?](https://bankless.ghost.io/is-custodial-staking-bad-for-ethereum) - calibrate - (Friday Open Thread) [Why are you here?](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments) - collaborate --- **ACTIONS RECAP:** - Execute any good market opportunities you saw in [Market Monday](https://bankless.ghost.io/ethereums-tree-of-life-market-monday) - Complete weekly assignment: [show a crypto newb how to earn 7%](https://www.dharma.io/) - Learn the [flavors of Unipool Zaps](https://bankless.ghost.io/tactic-25-how-to-use-a-zap) and [try one out](https://defizap.com/zaps)! - What’s your take: [is custodial staking good or bad for Ethereum](https://bankless.ghost.io/is-custodial-staking-bad-for-ethereum)? - Share: [why are you here?](https://bankless.ghost.io/friday-open-thread-why-are-you-here/comments) ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/6f914ba2-b525-4ab2-b8b0-67dc86abcf59_960x639.jpg) --- Subscribe to [Bankless](https://bankless.ghost.io/about). $12 per mo. Includes [archive access](https://bankless.ghost.io/archive), [Inner Circle](https://bankless.ghost.io/welcome-to-the-inner-circle-wave) & [Deal Sheet](https://bankless.ghost.io/the-deal-sheet). Costs less than a coffee per week. Don’t invest in crypto until you invest in yourself. [Subscribe now](#/portal/signup) --- **[Pay with crypto](https://commerce.coinbase.com/checkout/33c9a628-6af7-460e-9e00-c20114f1433d)—**[pay using ETH, BTC, DAI, USDC](https://commerce.coinbase.com/checkout/33c9a628-6af7-460e-9e00-c20114f1433d). Annual subscription only. --- [Tag me](https://twitter.com/ryansadams) on twitter when you subscribe & tell me how you’re going bankless for 3 x 🔥 Bankless is a global movement…[Chinese today](https://banklesscn.substack.com/)…what’s next? > [](https://twitter.com/BanklessHQ/status/1232337776227635200) --- ***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*