Recap: DeFi Week of Aug. 26 🦄

Hello defiers, hope you’re all having a great weekend, (long weekend for readers in the U.S.)! Summing up last week: Ethereans packed their bags after ETHBerlin and I dug into submitted projects and past Ethereum hackathon numbers. Compound users started voting to add two new assets to the platform, which underwent an audit that highlighted the many different risks in DeFi. A $10 million transfer for 7 cents on Ethereum showed how much better banking without banks is, than banking with banks. Dharma launched a revamped version built on top of Compound. Total value locked in DeFi climbed to a new record in ETH terms.

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