| gm Bankless Nation,
Last week's much-covered $50 million Aave swap fail has Crypto Twitter abuzz about paths toward more confidently executing trades. Today's Issue ⬇️ - ☀️ Need to Know: Sports Predictions Ban?
Senators look to pass "Prediction Markets Are Gambling Act." - 🗣️ Tactic: Just Use LlamaSwap
The path to confidently executing onchain trades. - 🎧 Latest Pod: Ethereum's Quantum Prep
Justin Drake is busy planning for "Q-Day."
Sponsor: MegaETH — Crypto has new apps, finally.
. . . NEED TO KNOW Sports Predictions Ban? - 🏀 New Bipartisan Senate Bill Would Ban Sports Bets on Prediction Markets. Can the proposed legislation make its way to the House of Representatives?
- 👩⚖️ Senators, White House Reach 'Agreement in Principle' on Stablecoin Yield. Two U.S. senators have reportedly reached a tentative deal on stablecoin yield, which has gained the blessing of the White House.
- 🧬 NovaBay Pharmaceuticals Pivots to Stablecoins in Rebrand. The publicly traded company has become the Stablecoin Development Corporation and is betting big on Sky Protocol.
📸 Daily Market Snapshot: Trump's ever-shifting rhetoric on policy and actual warfare led to more volatility in markets Monday after he walked back threats to take aim at key infrastructure in Iran, even as thousands of U.S. troops made their way to the region. | Prices as of 5pm ET | 24hr | 7d |  | Crypto $2.43T | ↗ 4.2% | ↘ 5.5% |  | BTC $70,978 | ↗ 4.5% | ↘ 4.7% |  | ETH $2,161 | ↗ 5.5% | ↘ 8.5% |
. . . TACTIC Optimizing Trades with LlamaSwap Last week, a simple crypto transaction went catastrophically wrong. What should have been a straightforward trade – converting stablecoins into AAVE tokens – ended up a near-total loss, costing one unfortunate blockchain user $50M. Although crypto economic systems promise financial empowerment, fragmented liquidity and clunky interfaces risk turning even the simplest transactions into high-stakes gambles. Mistakes happen in crypto, but every incident presents a learning opportunity. For swappers looking to avoid similar onchain blunders, LlamaSwap stands ready to provide protection and peace of mind on every trade. Developed by onchain analytics provider DeFiLlama, LlamaSwap is an exchange aggregator for other exchange aggregators. It aggregates and analyzes possible outcomes across multiple decentralized exchange aggregators, searching for an optimal swap route to guarantee that LlamaSwap's users receive the best possible execution price in DeFi. There are zero additional fees when swapping through LlamaSwap. Users pay the exact same price as if directly swapping through an aggregator. Meanwhile, DeFiLlama earns through referral fees, paid for by the aggregator and derived from the existing fee rate already applied to swappers. For those concerned about safety, LlamaSwap integrates the router contract of individual aggregators themselves. End users need not sign any DeFiLlama-created smart contracts, affording the exact same level of security as swapping directly through an exchange aggregator’s interface. In the aforementioned AAVE token swap incident, extremely thin market liquidity and lack of safeguards resulted in massive loss. Had that ill-fated trader instead just used LlamaSwap, their order would have never occurred in the first place. Posting to X, DeFiLlama founder 0xngmi demonstrated how the AAVE swap would have been automatically rejected on LlamaSwap, which blocks any trade that exceeds a user-set slippage tolerance or results in excessive price impacts. “We've spent years building a price API with the highest coverage of defi tokens to avoid this,” 0xngmi tweeted in the wake of news that someone suffered a near-total loss when attempting to swap $50M through Aave’s swap interface. Those same protections apply universally, safeguarding users no matter whether they’re swapping $1 or fifty million times that amount. Furthermore, while a potential LlamaSwap airdrop remains unconfirmed, the prospect of free money distributions for simply using a tokenless crypto protocol can never be entirely discounted. Although far from conclusive evidence, DeFiLlama has already hinted at token incentives for early users of another one of its protocols, listing its “LlamaPay” payments streaming application among prospective airdrop candidates. This nugget suggests that users of LlamaSwap may eventually receive airdrop rewards for their transaction activity. Still, even in the absence of a guaranteed airdrop, LlamaSwap offers invaluable benefits for users: the best guaranteed order pricing and ingrained protection against costly mistakes. It’s a critical tool for anyone looking to confidently execute onchain trades across 24 popular, EVM-compatible blockchains. FRIEND & SPONSOR: MEGAETH We're past "in it for the tech" or "in it for the money." MegaETH is bringing you products worth using, powered by USDM. . . . LATEST POD Ethereum’s Quantum Strategy Quantum used to be crypto’s distant sci-fi problem. Justin Drake says it now has a clock. In this episode, we unpack what “Q-Day” actually means, why Justin thinks 2032 is the date the entire industry should be planning around, and why Ethereum is targeting 2029 to get post-quantum ready. Tune into the full episode 👇 | 
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