# SBF & The 2024 Election

*Author: Bankless*
*Published: Aug 13, 2024*
*Source: https://www.bankless.com/es/sbf-the-2024-election*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50572--1--2.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=stablecoin-yield-farming-on-beefy&email=true)

  

SBF & The 2024 Election
    
  

  
  Published on Aug 13, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=stablecoin-yield-farming-on-beefy&email=true) — Mass adoption of decentralized & token-governed technologies.

[Visit mantle.xyz to Learn More](https://www.bankless.com/sponsor/mantle-1706216729?ref=stablecoin-yield-farming-on-beefy&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Coinbase Back in Hawaii
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-14--91-.png)](https://www.bankless.com/dashboard)- 🏝️ **Coinbase is Back in Hawaii. **[Regulatory clarity](https://www.bankless.com/coinbase-is-back-in-hawaii) in the state has made life easier for crypto exchanges setting up shop.
- 🤯 **Crypto's Bankrupt Blow-Ups Attempt Clawbacks.** Three Arrows Capital and Celsius are [filing new lawsuits](https://www.bankless.com/cryptos-bankrupt-blow-ups-attempt-clawbacks) to recover creditor funds.
- 💸** Marginfi Launches New Lending Platform, The Arena. **The popular Solana DeFi app [debuts](https://www.bankless.com/marginfi-launches-new-lending-platform-the-arena) a new experience.

.  .  .

 
  
    

    MARKET VIBES

  
  
Where to Next?
    
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Bitcoin worked its way back above $60K on Tuesday, and Wall Street welcomed tamer-than-expected July producer price data, which sent the Nasdaq Composite and DJIA climbing as investors bet on positive news in tomorrow's key consumer price index data release.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.13T
       

 
    
    ↗2.0%
    
  

  
    
    ↗7.6%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $60,629
       

  
    
    ↗2.5%
    
  

   
    
    ↗7.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,718
       

  
    
    ↗0.8%
    
  

   
    
    ↗10.2%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/2010.png)
    

  **ADA**
   
          $0.34

       

  
    
    ↗1.6%
    
  

   
    
    ↗3.0%
    
  

  

---
🔒**New Token Rating: Cardano** continues to rank among the 10 largest non-pegged cryptocurrencies by market cap. Has ADA overstayed its welcome?[What Do We Think of ADA?](https://www.bankless.com/tools/token-hub/cardano)

.  .  .

 
  
    

TACTIC

  
  
    
   
Farming Stablecoin Yields on Beefy

  
  
   
     
     Bankless Author: 
     
       [
       
       Simon Mathonnet](https://x.com/SimonMathonnet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-13T175231.726.png)](https://www.bankless.com/stablecoin-yield-farming-on-beefy)**Stablecoin yield farming isn't very sexy.**

It's certainly not quite as exciting as finding the next memecoin moonshot. However, it can significantly hedge your positions against a potential market downturn, and that's something a lot of investors are interested in after last week's shock drop. 

*Let's dig into earning yield on your digital dollars* 👇

[Read the Full Tactic](https://www.bankless.com/stablecoin-yield-farming-on-beefy)
---