Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.

Weekly Roundup – 12.9

The holiday break is nearly here. Spike your eggnog and unwind with your favorite DeFi pools. 🍻

Fear & greed are powerful emotions – don’t let the intrusive thoughts win.

In our new series, we discuss how you can keep calm and #DegenResponsibly during a crypto bear market, starting with simple active and passive strategies 🐻📈📉. 

Don’t miss our next #DegenResponsibly next Tuesday, 12/13, at 5.30 ET. 

We’re chatting with @ReserveProtocol about how they are building real-world use cases for stablecoins, and opening access to USD savings for people worldwide.

Protocols can be a pain to keep up with – let us help. Our team finds the most interesting protocols and breaks down what you need to know and why they need to be on your radar.

 - a decentralized Perpetual protocol built on Synthetix

Chainlink launched its first staking pool – and everyone wants in.

The largest decentralized price oracle, Chainlink, saw its first-ever staking pool draw in over 24M tokens (worth around $170M) in just two days! The new staking feature is designed to better secure the network’s price feeds. Users who staked their LINK holdings can expect to earn a baseline annualized rate of 5% per year. Not too shabby.

Grayscale Bitcoin Trust discount has its own Black Friday sale.

The world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a new record discount rate of nearly 50% relative to the price of BTC. GBTC serves as a way for investors to gain exposure to BTC through a traditional investment vehicle. Bearish news continues to unfold due to fears that crypto trading firm Genesis Global Trading, which is owned by Grayscale’s parent company, Digital Currency Group (DCG), could file for bankruptcy.

Another crypto trading firm added to FTX’s body count.

Amber Group, a crypto trading and asset management firm, is on the verge of bankruptcy due to FTX contagion. On-chain analysts have noted that wallets owned by Amber are worth ~$11M, a stark contrast to the “over $5B” claim on its website. The Singapore-based firm, which recently laid off a significant portion of its staff, has denied these allegations.

Accredited investors will soon be able to invest in DeFi liquidity pools across major chains directly on our custodial platform.