Almanak alUSD Lands on Pendle For Boosted Yield And Gains
There’s a perpetual wave of updates and new perks for the Almanak users! We have a successful campaign on Cookie, yields on stablecoins that were as high as 55% APY, and a sale on Legion that went beyond expectations!
DeFi was meant to be permissionless and unstoppable… yet so much of it still runs on spreadsheets, Discord calls, and endless manual work. Slow, fragmented, and controlled by closed teams! t That’s not the Web3 we were promised but Almanak is here to change that.
They’re building the foundation for AI-native DeFi! The vision is a system where autonomous agents take care of research, testing, optimization, and execution in minutes instead of weeks.
No bottlenecks, no gatekeepers… just verifiable, intelligent automation deploying capital at scale. It’s zero-code, cross-chain DeFi built for speed, scale, and composability, with security anchored by some of the best in crypto.
AI codes faster, and AI reasons faster. With Almanak AI is now building DeFi faster. The vision has serious backing! Names like Delphi, HashKey, Bankless, NEAR, Shima, and more are behind the Almanak vision!
The community is already rallying, with early builders stepping in through a curated KOL round on Legion. The Cookie cSnap campaign reached new heights for mindshare… and the APY is insane!
At the core of Almanak is the AI Swarm! Think of it as a fully autonomous quant team that handles everything…
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Fed Chair Powell says FOMC is divided on additional rate cuts in 2025
Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more
