$20bil in DeFi, Yearn v2 news and much more - The Daily Gwei Refuel #30 - Ethereum Updates

Transcript

hello everyone and welcome to another episode of the daily gray refuel where i recap the latest news in the ethereum ecosystem i'm your host anthony sosano and today is the 6th of january 2021 all right everyone before we get into it i have some a little bit of sad news tomorrow thursday and friday's daily great refuel won't be happening unfortunately i'm unable to to do them but to make up for that i'll be doing a special episode on saturday that will cover the news from thursday friday and saturday so you'll have that to look forward to but yeah i'll still be publishing the daily grade newsletter um on thursday and friday but i i'm unable to do the the refuel uh for personal reasons so yeah i'll be back saturday though and then next week as as normal as well

so yeah look forward to that but without further ado let's get into today's news so uh we hit 20 billion dollars locked in defy uh a few hours ago i think i posted this um which is really cool actually about 12 hours ago now um but that was really really cool to see i mean you know d5 has come so far this year if you you know you can see on the picture here on the chart this chart is like the one year chart so it basically covers you know the majority of 2020 uh and you can see just you know we were flat flat flat and then in june we kind of had you know the compound liquidity mining launch which kind of kicked off d5 summer and kicked off basically you know d5 becoming uh i guess not mainstream but like exiting out of

the tiny little ethereum bubble and becoming more of a crypto you know narrative and now it's even going beyond that and becoming more of a non-crypto narrative right it's like the thing that you hear when you come into the crypto ecosystem you hear bitcoin you hear ethereum and then you hear defy as well and i'm even seeing people you know that are outside the ecosystem completely mentioning d5 as well so yeah i think that term uh and kind of the ecosystem has entered that kind of arena now which is why we're seeing so much growth as well i think uh and you know you know 20 billion is cool and everything but it's it's still you know when i think about these numbers you know in the context of crypto 20 billion is a lot uh but in the context of the wider financial system it is basically a

rounding error uh you know the wider financial system obviously is hundreds of trillions of dollars are circulating uh whereas you know 20 billion is a tiny percentage of that so if we're if we are going to replace or at least run as a parallel system we have to grow this a lot larger than what it is i mean i spoke about kind of last few days how i think layer two is gonna kind of catapult defy to the next stage because i think obviously layer one is limiting to you know the amount of people that can actually participate in d5 uh you know it became it becomes basically a whale game where you know people will either have to kind of delegate their funds to a centralized institution to just cover the fees for them to tap into defy some of them do that

or they'll be basically you know be able to afford these these kind of like really high fees we're seeing so if you want to get retail more involved with this i think you know layer 2 is going to be playing a big part there but still i mean you can see from the chart we're still seeing a lot of growth uh when you're looking at usd locked in d5 though uh it's actually measuring kind of like the the tokens kind of locked in d5 right so if eighth price is going up and btc price is going up then the total value locked in usd is going up as well so it doesn't necessarily mean there's more eth and btc in the system or some of the other tokens it basically means that you know the the prices have gone up a lot of the time uh but you can actually sort on d5

pulse's website by ethan btc which have actually come down a little bit lately and i think that might be because of the price rise maybe there's some people that wanted to kind of cash out um or maybe people are going to eat two in the case of of uh eth uh because eth2 you know the eighth locked in they're still going up i don't know there's a number of reasons why that can be going down as well but in general i think looking at the the value locked is is important even if the even if a lot of it is just prices going up it's still capital in the system right it's unlocking more of this economic bandwidth that we can use within d5 so yeah it was really really really great to see uh that uh today i think we can get to 100 billion plus this year

in d5 and maybe we don't even need layer 2 to get there maybe we can get there just because there's enough you know whales and centralized institutions uh that want to play in this arena and that will put their capital into d5 i think that can actually be a reality but i would prefer to see you know the reality of not just like whales using this sort of stuff but obviously you know smaller participants as well people who have like a few thousand dollars you know that want to participate earn like a yield uh you know it's just not worth it at the gas fees right now for them so yeah hopefully we see more layer 2 adoption there and i did want to note that i've seen a lot of people ask like you know how do they get exposure to defy right because you can pick any

number of d5 tokens like there's there's hundreds of them at this point but you know it's it's really hard to pick the right one right i mean you can pick one and then you have to kind of hope that one outperforms you know maybe eighth and btc or maybe you want to buy multiple because you don't want to just buy one right say you say you buy rv you're like okay i've got rv and then you go like oh i want snx or i want you know crv or whatever right um so you know in to do that i there's the d5 pulse index which i mean full disclosure here i work at set which um the default pulse index is built on our infrastructure um but i mean i think it's the the kind of like the best in a d5 index product that you can buy

basically and you can see here that you know in any underlying tokens here you can see that it comprises of a bunch of different default tokens uh and then it's market cap weighted so you have synthetics rv uni swap mkr wi-fi comp lrc ren knc and bowel so these are like the top defy tokens by kind of market cap here and some of the top teams as well um the criteria for getting into this index is quite strict you know you have to have a really great product it has to be live for six months i think uh three or six months i think it's maybe six months um and you know it has to be reputable and everything right so it's not just like you know any old d5 tokens going to get in here so with this kind of index you've also got protection from downside as well

um you know because of the fact that these tokens aren't just gonna fall 90 overnight right uh j i like a lot of um tokens end up doing if they're smaller a lot of them can go down really quickly a lot of them can be extremely volatile so the point of the index is also to dampen volatility as well as give you like really easy access to defy uh and in saying that as well in terms of easy access uh the d5 pulse index is one token so it's a token that contains a bunch of other tokens so that means you don't have to go and buy all the individual tokens and spend all this money on gas using uniswap or whatever you can just buy this token and that'll at once and pay the gas fee once and that'll give you exposure to all

these underlying and the rebalancing is handled each month and it's handled automatically it doesn't cost you anything or anything like that so yeah this to me is the best way to get kind of broad exposure to the d5 ecosystem and you know it's it's a good way to track how d5 is doing as well it's funny because this was launched at basically the end of defy summer you can see here like september 13th right and it had a price of 136 dollars and kind of tanked all the way down here to about like 60 dollars but this was during like a really brutal bear market right so it fell back about no i think just over 50 percent here but if you were holding some of the underlying tokens uh you know some of them went down like i think wifi went down like 80

or something like that um and also uh because of the automated rebalancing and things like that you didn't have to worry about the the kind of gas fees and like you know stressing over should i sell now or shouldn't i sell now or whatever and then as you can see the recovery has been really great and we're at like all-time highs for the d5 pulse index price now uh so yeah if you want to ride the d5 wave i i would suggest checking out the default pulse index uh you know if you're not comfortable kind of like you know actively managing these positions and it's hard don't get me wrong you know funds try to do this all the time and you know they don't always win either like that's their full-time job to do if you're just a hobbyist right which a lot of us

are uh we you know don't have the the time to just be spending here you know evaluating every new project that comes out evaluating like you know how to trade in and out of them and then you have to worry about taxes as well it just becomes like a nightmare really quickly so i kind of suggest this product to people that uh for those kind of people for those types of people and even people that are really just like even those that work in this ecosystem i suggest owning kind of this and i know a lot of people that do because it's just easy exposure for them it's just you know another another thing that they can diversify in their portfolio even though they hold individual tokens this is just like a safer bet i think overall so curve finance launched this uh new east pool today called the uh the

estate eath pool sorry um which basically lets you trade between eth1 and e2 at any time now how does this work well lido finance here is basically a kind of like liquid staking solution and what that means is that you can go into you know eth2 staking and they'll give you kind of like a token that represents that staking position and that token can be traded back and forth with not just 8 but like anything right because it's just a normal erc20 token so if you go to curve here you can actually see uh este afia uh ethe and then you can trade between them and uh there's actually a bit of a premium i think on on atheia rather than st i think that's how i'm reading it correctly here um but uh other than that uh you know

i think this is really cool because it unlocks that liquidity uh for people who kind of like wanted to get into e3 staking but didn't want to have to lock their ether up right because you can imagine that this uh this token which they're calling st which shot for steak eve can be used in different defy apps and different different d5 products right so you could imagine like maybe ave adds this as collateral and then you can use your staked eath as collateral which is really cool because not only are you earning an interest through um sorry an interest a yield through the staked eat but you also potentially earning a yield because you're using your stake these are the collateral you're borrowing your stable coins or something and then you're going to uh go going to earn yield on that as well

so it's like just stacking yield which is really really cool so i thought this was awesome you know curves are very good at these like for like pools where they trade between assets that kind of like stay very similar in price you know obviously like stable coins and things like that so yeah if you um if you're thinking about staking you know you can check out one of these services i don't know if lido is custodial or not i kind of i think it is i think it's centralized but don't quote me on that i haven't checked them out too deeply myself so yeah go check them out see if it's something that you want to do if you've been putting off staking because of that lock up really great thread from joshua frank today who is the ceo of the thai which is basically a crypto data

platform so those of you a lot of you would have heard about grayscale's products so their gbtc and e3 products that they basically um kind of offer to the traditional finance market as a tax advantage way to get access to ethan btc basically and they've got a bunch of other funds as well things for like uh there's like one for ltc and there was one for xrp i think i don't know if that's still out there um but this thread basically explains the phenomenon that is the premium so a lot of the time ethy and gbtc will trade at a premium to eth and sometimes that premium can be very very high so e3 has often traded at an at a hundred percent plus of a premium so

uh if atheist like you know 200 on uh or say a thousand dollars because it's a thousand dollars right now then if e would trade at two thousand dollars um and it's it's a bit more complicated than that because there's like shares so one e share is actually worth one tenth of an eighth um so it represents one tenth and then that premium basically exists uh because of the fact that uh there's actually a lock up uh and this thread does a really great job of explaining that you know how it all works it's actually the best that i've ever read on this so i will link this in the youtube description you can check it out for yourself but i did want to give a kind of a kind of overview here just briefly about how this works and why some people were actually

speculating that the recent eth run up we saw was due to people buying eth in order to cover positions in ethi because what ends up happening with the eth to e3 or btcg btc is that large funds typically those who can take on the risk will do an arbitrage trade so what they'll do is they'll basically borrow kind of like btc um you know at a kind of rate that you know a rate maybe it's like eight percent a year or something like that they'll borrow that btc and then they'll kind of like um hedge that with gbtc uh to kind of like uh arbitrage the premium but the thing is is that the premium can only be realized uh for e3 six months i think for gbtc it's 12 months so the funds are locked

right so you can't just like do this arbitrage straight away so what ends up happening is that the premium goes way up right until the lock-up time so for six months it'll like from i guess the last unlock it'll it'll go up right it'll go up really high and then when the unlock happens and the arbitrage loop can be closed the premium kind of just dumps like very very quickly and you can see it on this chart here uh the uh recently i think like two or three days ago um the e3 kind of unlocked that that trans from the previous six months uh and then you can see that the the premium just like collapsed basically but the inverse happened for the eighth price right the e3 premium collapsed but the eth price shot up so people are speculating that's why you

know part of the reason why the eth price went up so quickly and you know i saw another thread about this and i wasn't convinced but this thread kind of convinces me that it might have had a pretty big impact simply because the e3 product is is quite large it actually owns i think anywhere from two to three percent of eight of all eighth that's huge um you know to put that in context i think that's about uh 2.53 billion dollars um at this yeah it is it is because it's easy to work out because it's about a thousand dollars right now um that's that's a lot of money right so that kind of like uh can move the market if uh people need to cover their kind of um borrowers by buying spot eth basically so yeah i

um i probably didn't do the best job of explaining it there and you're probably a little bit confused so definitely go read this thread because you know i was confused for a long time as well about exactly how it worked this thread shine you shined a really great light on it uh and i thank josh for putting this out there so it was an update from one of the yearn core devs today uh about the yeon v2 ui uh there's a bunch of stuff here i'm not going to read through all of it but i think actually taking a step back here so i want to talk about this but i do want to take a step back and talk about yearn kind of like more broadly uh and kind of like i guess it's kind of had like a fall from grace right of the

last maybe two to three months since kind of d5 summer ended um and you know full disclosure here i i own wi-fi so maybe i'm a bit biased here but i think what's ended up happening is that yeon launched right it had the most hype out of anything that i had seen in quite a while uh especially for a new project the the hype the memes you know there was like blue kirby and things like that it was just insane i had not seen something like that in the ethereum space before i think since i kind of got involved with it and of course you know this insanity played out in the markets the wi-fi token went from being worth nothing when it launched to being worth forty five thousand dollars i think it's over a billion dollar market cap or something like that

you know i got listed on coinbase you know the whole shebang basically uh and then i think what ended up happening was that while the hype was going on while andre was shipping things like every week people were ignoring the underlying issues here the underlying issues being that the you know wyoming platform relied heavily on uh yield farming to generate any kind of revenue and yield farming revenue is great during a d5 bull market because the d5 token prices go up the yield goes up everyone's you know like oh my god i'm earning so much yield and they're doing it through why and like oh i'm going to buy wi-fi right and they're also getting a really great yield with through staking their wi-fi and things like that which has since been i think removed temporarily

um so yeah but it was kind of like in the end you know the project just was just way too hyped it was just for what it is for what it was and what it kind of is still i think it was way too hyped but in saying that over the last you know two to three months the the devs have kept building they've kept building they've kept integrating different products into their suite you know like they had cream and cover and things like that like the smaller projects like sushi and stuff um and they've been working behind the scenes but i think you know there's kind of a disconnect now between wyoming and the wi-fi holders because you know the wi-fi holders a lot of them were you know speculators first right they didn't understand the product they

just bought because of the mania and hype uh and oh you know i mean i obviously bought because of the mania and hype at first i was like you know this is so you know crazy uh i'm what am i missing here i don't want to miss anything i don't want to miss out i was kind of like a fomo by you know at the time which ended up you know being being great for a lot of people who did it but what ends up happening if you don't actually research the product and research what this actually is and how it's actually going to make money long-term and how you're going to make money if you own the wi-fi token then you can become very disillusioned very quickly because you might think you know what's happening where's all the hype gone right you know blue kobe

left you know is the project dead andre left twitter blah blah right because you know wi-fi and wyoming was andre right all these other devs that are kind of out there and building this stuff they're they're not um you know they don't have that fame right they don't have the same fame as andre so basically uh andre um you know left and then everyone assumed that the project was dead or that it was like gonna die and then we had that come down of the price right and it collapsed pretty much which was quite spectacular to see actually the three-month life cycle of wi-fi um but you can see here that they're still very hard at work right they have all these updates coming out all the time this is just like a ui update so it's not even about the

underlying strategies and things like that and i think that you know why is going to bring out these kind of v2 strategies which have been you know in the works for quite a while they're under audit i think currently um and that should be going live relatively soon and i think they're gonna they're gonna launch into a really nice kind of market because i think you know the way i view kind of the markets is that btc you know in a bull market will run first eth will run later and after btc and then d5 will kind of like catch up after that and i think if d5 heats up again and the market heats up again like it kind of starting to it is starting to right now then i think wyoming is perfectly positioned to capture the yield farming narrative again because that's going to heat up

again so you know that's not me telling you to go buy the wi-fi token or anything please don't unless you you want to yourself unless you've researched it but in general i think you know i've spoken about this in the newsletter a lot of times and maybe on the refuel as well there's this thing i like to like to refer to called the sentiment pendulum where sentiment kind of like you know goes along on a pendulum where it can just in crypto can change incredibly quickly so you can have sentiment where everyone's saying you know this is dead you know um who cares about this and then the pendulum will swing back and then everyone's like oh my god this is so bullish i'm buying as much as i can of this right we saw this play out recently with sushi swap for example so you know sushi swap also had a very

dramatic kind of um a life cycle right there was i got founded by an anonymous kind of chef nomi it had all these drama surrounding it right it was kind of like hated by one half of the community loved by the other half and all this kind of stuff happened and then you know uni swap hit back they launched the uni token liquidity left sushi swap to go mine the uni token or find the uni token and everything and that was that for a couple of months you know everyone including me including me thought sushi swap was dead or i was like okay uni swap's coming out with v3 soon you know they've got their token now what's the value in sushi swap anymore and i wasn't paying attention to it right but slowly over those two to three months the team was building out

new kind of products innovative products they still had two to 300 million kind of tvl because they still had sushi sushi rewards and then they kept innovating right they kept going i think the price bottomed out at like 50 cents for the token and then people noticed right people started noticing the pendulum swung back they're like wow sushi swap isn't dead it's growing what what it can actually compete with uni swap this is crazy and the token price is now four dollars right so in just a couple months so you can see how the the sentiment can just change so rapidly especially within the d5 space simply because uh this this space just moves so quickly so if you kind of like i mean my personal strategy is to

pay attention to projects that are kind of like quote unquote dead right or the community has written off because they're usually heads down building things because they don't have the distraction of like hype anymore right like the teams also get distracted when the token price is going nuts and everyone's writing the discord talking about the moon and right and how amazing everything is right and then when it's coming down they also get distracted because everyone's complaining about it they're like oh my god is the project dead you know what's going on and then you know it'll settle out it'll flat line after maybe a couple weeks and then you'll have the core supporters left in the discord you'll have the people who actually want to be there for you know outside of speculation and you'll have uh the devs just chipping away at it and that's what i

like to look at uh that's why you know i mentioned the other day that i i i bought yam right uh in part because they removed the rebasing mechanism but i knew that they were going to remove that because i was paying attention to that project because everyone had written it off and i know that they're building you know great products and innovative products because i've paid attention to that and you know i think that if you do that you're very well positioned to not only you know kind of like i guess make money from your investments um but also uh be on the kind of like bleeding edge of things and knowing about things before other people do and being able to kind of you know be part of a community too right you know it's very hard to be part of a community when there's so much

noise because that you know it's just specula it's just speculative everyone's just there because they bought a token they wanted to go up um so yeah that that applies to so many projects i mean i think it applies to wiring right now even though wyan had the you know the ridiculous hype that it did it applied to sushi swap and i think sushi swaps kind of you know the pendulum swung back for them uh so they're kind of like on the up and up right now yam it seems as big is kind of like getting into favor again i'm seeing more people talk about it uh there's so many of these projects right uh so yeah if you kind of like are looking for something new to either a community to be a part of or you want to like buy a new token or

whatever i mean again not investment advice just general advice that i like to look at the projects that people have written off i always love to do that and you know you can even think about it as like ethereum for example like in 2018 and 2019 everyone except the hardcore ethereum community had written it off right the wider crypto space was like ethereum's a joke and it's hard to believe that that was the narrative then but it was because the eighth price was going down and it was doing nothing and people were like you know ethereum's dead there's all these competitors blah blah and now you know i mean i don't really see anyone saying that anymore except like i guess the btc maximalist right but they were always saying that so that doesn't matter um so you know it just it just i mean in general like i guess

what i've been saying for the last few minutes is that you know paying attention is is both very fulfilling because you get to be part of a community that isn't just speculative and potentially you can you know kind of make money from as well right um so that's kind of been my strategy over the past two to three years to be honest uh and it's it's worked out quite well uh you know i love being part of the titan communities and getting to know people without the noise of like you know speculative i guess price talk and things like that so yeah just a little bit of of color there on i guess where why own is today and where a lot of different projects i think are today uh because you know building something valuable takes time launching a token and putting hype around it is very easy especially in a

bull market so you'll see a lot of that happening but i don't think that it's uh it's something that is lasting i don't think that's how to like kind of like make a successful ecosystem so uh sandeep from matic network tweeted this out today so it's this is from the block basically uh the google search volume for ethereum hit an all-time high uh i think yesterday or the day before i can't really see the date here but basically i mean i assume it was on the day that ethereum decided to just go up 50 in a day right which is quite insane but this is higher than it was in uh late 2017 early 2018 during the main year right um and i think so what what i think happened here was that the eighth price

went up really quickly right so quickly that everyone was talking about it literally everyone every youtuber every person on twitter every trader you know everyone outside of this and that kind of like flows out into the wider ecosystem it kind of breaches out of crypto because mainstream media starts talking about it and a lot of people would of uh you can see from this chart searched ethereum back when it was a thousand dollars or edits you know going up to 1400 and then now they're hearing about it hitting a thousand dollars again right so they're like oh my god ethereum didn't die just as i was explaining about how people you know don't pay attention when the prices aren't moving and they kind of miss the forest for the trees um so this is kind of what's happened here uh i don't think it's a top signal right

i don't think it means that we're going in another bear market or anything like that i think that generally crypto is more in the mainstream consciousness than it than it has been in previous years you'd be hard-pressed to find anyone that hasn't at least heard of bitcoin before uh for an example there um maybe i mean it depends i guess like it depends on which circle you talk to but you know pretty much like i would i would assume that anyone between the ages of maybe 20 and like 60 would at least have heard of it uh you know it just depends you know it also depends on like what kind where they get their news and what they pay attention to but i'm pretty i would be i would be kind of like pretty confident that pretty much every young person has heard of

crypto and bitcoin and in at least bitcoin maybe not ethereum but you know just because it's been in the news so so much over the past few years i think that's what we're seeing happen with ethereum now because there was another chart that i saw that compared ethereum search volume to bitcoin and ethereum search volume is basically still you know hardly anything i think it's like 10 of bitcoins now uh so you can see that basically ethereum is entering the mainstream consciousness just as bitcoin has and that's why we're seeing this uptick here so yeah i had some people ask me about this and like is this a top signal i'm like i don't i don't think it is uh it's not again not investment advice but just the the context is important here that you know yes the search volume's at

all-time high but that doesn't mean that you know the prices are going to come crashing down like they did in you know the last kind of um bull market uh simply because you know there's more people searching for it it's actually i would actually argue it's even more bullish because of the fact that now more people know about ethereum right and you know probably learning about it for the first time because you don't just google ethereum right if you know regular users and people already know about it aren't just going to google ethereum whereas people who are new to it they'll google ethereum they met my google what is ethereum how to buy ethereum things like that so that's why you'll see these kind of things trending up so i'd actually argue that it's it's quite bullish so last thing here from monsoony uh this is a pretty good

tweet i actually really liked uh and it plays into what i was just talking about before about uh you know paying attention to projects that everyone else has written off so he writes i stopped caring too much about what a lot of these d5 tokens do anymore if it has a great dev team i trust their ability to pivot to something functional over time i care more about production uh great dev team plus low cap is an insta buy there's quite a few out there now i was just talking about this right how projects get written off you know for dead uh their you know token price goes down back down to earth it's not really worth much but they keep kind of you know kicking away kind of like building making great products and kind of like building a community i think the perfect

project here is yam because he he mentions low cap as well right so yams market cap was like 10 million dollars for a while because it had the rebasing mechanism as well but you know it was a super low cap was basically an extremely speculative bet and it still is but you know as someone who was still paying attention to the project i knew how great their dev team was and how great their team was all together and how dedicated they were to building out a great product they still had a really really awesome community that was super active doing a lot of different things they were managing their treasury really well um you know they were doing innovative things with that like buying the d5 pulse index for example so that was kind of like why i kept paying attention uh because i you know it wasn't just

like one of the food farms that everyone had written off it was actually actually a legit project even though it had a colored past uh so you know colored i guess is a is a nice way of saying it but you know it had a lot of drama surrounding it after its hype cycle just like sushi swap did just like wyone did same kind of story every time so you can see the pattern here right um and i wrote more about this in the daily grain newsletter if you want to check that out um you know you can check that out in the youtube description uh but yeah i just wanted to kind of like uh shout out to monsoon here because you know his tweet actually got me thinking a lot more about this um and as informed i mean in general like i'm glad that kind of he said this

because um it kind of like made my thoughts clearer here and i wasn't just you know thinking these kind of crazy things uh to myself right i was actually like you know right on the money here and i said that you know this is the real alpha leak and a lot of people seem to seem to like it there but it really is right as i just explained to you the real alpha leak is not you know going into everything that everyone else is going into and piling into it's paying attention to the teams the great dev teams the teams that ship the ones that are always building even though everyone else has written them off for dead so yeah i think that um you know we're going to see a lot more of that going on and you know during the next bear market

because there will be another bear market that's going to be amazing to see how many projects are still kind of like kicking and building and go on to become billion dollar kind of projects in the next kind of um i guess like bull cycle that we get uh and you know even another example of this like ave for you know arve was written off for ages because of the fact that they didn't have a product they only had a token they were building their product for a long time they came off the bull market into a bear market and now rv is like a top defray protocol two and a half billion dollars or more kind of value locked in their protocol uh the token price went nuts all right um so yeah i mean there's examples of this everywhere i don't i i probably you know kind of exhausted

uh my my explanations here but i just really wanted to get that point across because i've been asked a lot about this and a lot of people ask me you know what's your kind of like strategy for investing in products and stuff like that um you know i don't want to kind of like give one-on-one kind of advice because i don't want to give any investment advice but i do want to give general advice that i kind of stick to so just pay attention to projects that people think are dead that's just that the golden rule and that's one that i've lived by for quite a while now all right thanks everyone for listening and watching as i mentioned at the start of the video there won't be a daily grave refuel for thursday or friday unfortunately but on saturday i'll be back with a

special episode that covers thursday friday and saturday's news so subscribe to the youtube channel so you don't miss that give this video a thumbs up join the discord channel and subscribe to the daily grain newsletter and i'll catch you all on saturday