Recap: DeFi Week of Sept. 9 🦄

Hello defiers! Hope you’re having an awesome weekend. Summing up this past week: There were many developments to make trading more seamless. UMA, a protocol that lets anyone create synthetic assets launched on testnet, TokenSets added a new token pegged to a trading strategy, Staked released a robo-advisor for yield, and KyberSwap integrated a fiat on-ramp. Traditional financial firms also made news with Banco Santander issuing and settling a $20 million bond on Ethereum, while Nasdaq created a rather odd DeFi index. Dapper Labs is creating what some like to call an “Ethereum killer,” and Bancor announced a huge airdrop and a change to its token’s incentive mechanism and governance.

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