While current market volatility might feel rougher than a leveraged long on a Friday, it is fortunate that our primary focus remains on the technology. Our team recently wrapped up operations at EthDenver, where we managed a merchandise booth and attended Multichain. During this time, we also laid the groundwork for an upcoming product designed to make DeFi on Beefy significantly smarter, faster, and more convenient.

In the past week alone, we generated $207K in yield and added 13 new strategies. The current dominant trend is AGI, specifically regarding local agents that handle trading and yield farming for users. However, one must remain cautious, as there are risks of these agents hijacking seed phrases or leaking data on GitHub. It is worth noting that Beefy provides very attractive strategies for the majority of these onchain agents.

Regarding asset performance, pmUSD topped deposits and showed a very positive 7-day yield. We also saw a new token listing for KELLYCLAUDE, an AI Executive Assistant token tied to the Claude narrative that autonomously handles administration, calendars, and project management.

To sign off with a stark reality: What is the difference between a crypto degen and a large pizza? A large pizza can actually feed a family of four.

Keep building!