The article by Alex McDougall, president and CEO of Stablecorp Inc., discusses the rise and fall of cryptocurrency yields, particularly in decentralized finance (DeFi) and centralized finance (CeFi). It outlines the early days of high yields, the subsequent collapse due to the disappearance of arbitrage opportunities, and the differences in transparency and risk between DeFi and CeFi. The piece also highlights the importance of credit fundamentals, the need for improved transparency, the role of underwriting, and novel structures for managing risk. It concludes with optimism for the future of the crypto yield industry, emphasizing the potential for rebuilding with better risk management and innovative solutions.

In 2020, the open lending sector within decentralized finance (DeFi) experienced significant growth, surpassing $10 billion. Open lending platforms, both decentralized and centralized, offer flexible lending and borrowing terms using digital assets as collateral. These platforms are transparent and operate in real-time, contrasting with traditional banks' opaque and complex operations. DeFi's open lending constitutes about 45% of the market, with decentralized exchanges, derivatives, and miscellaneous segments also present. The article discusses the advantages of open lending, such as higher returns and transparent governance, and addresses the challenges and risks involved. It also highlights the maturation of the open lending industry and its potential to reshape financial services, offering improved risk-adjusted returns and liquidity for investors and borrowers willing to engage with the technology.

Alex McDougall, co-founder of Bicameral Ventures, argues that individuals who create data should be compensated for its use, similar to how landowners are compensated for natural resources. He criticizes the current model where large corporations, such as Google, Facebook, and Amazon, exploit personal data without adequate compensation to the creators. McDougall suggests that shared data is more valuable than extracted data and envisions a future where data creators participate in the value chain, leveraging shared data for benefits like mobility credits or improved internet services. He highlights initiatives like Velocia's mobility rewards platform and The Open Application Network's data-portability tools as steps towards this goal.

The Amazons delivered an energetic and well-received performance at Clwb Ifor Bach in Cardiff, with a mix of songs from their debut album and upcoming release. The band's connection to Wales and their indie rock sound, likened to Arctic Monkeys and Sundara Karma, resonated with the diverse crowd. The live show was characterized by heavy basslines, quick transitions, and an enthusiastic atmosphere, particularly during the performance of their single 'Mother' and the fan-favorite 'Junk Food Forever'.

Mac Demarco, a critically acclaimed multi-instrumentalist and producer, has not only made waves in the music industry but also in fashion with his distinctive hats. His 'dad hat' has become a staple of his 'indie-hipster' look, inspiring fans and contributing to a 23% increase in hat sales in the United States from 2012 to 2017. Demarco's style, characterized by loose-fitting shirts and dungarees, resonates with his audience, and his fashion influence is evident in the revenue of fashion labels.

The article reflects on the emotional experience of photographing a vigil held in memory of Brooke Slocum and her unborn child, who were murdered a year prior. The author describes the challenge of capturing such a somber event and the emotional toll it takes. The small town of Saranac, Michigan, where the vigil took place, is commended for its efforts to honor Brooke's life and to raise awareness among the youth about the dangers present in the world. The article conveys the community's collective grief and the poignant atmosphere of the vigil.

The 2015 Ann Arbor Summer Festival began with cloudy skies on the University of Michigan campus. Local restaurants and artists like Dave Menzo and Stella! contributed to the atmosphere. A small relocation was made due to construction. Organizers suggested a $5 donation per person or $10 per family to maintain the festival's free status, which will run until July 5th with musical and entertainment events, including nights at the Top of the Park.

The fifth annual Water Hill Music Fest was held in the Water Hill neighborhood of Ann Arbor, drawing large crowds and featuring eclectic groups of musicians performing at various locations throughout the area. The event fostered a sense of community as neighbors greeted each other and celebrated 'Happy Water Hill Day!' while enjoying the music and festivities.

Chelsea High School students enjoyed a casino-themed prom at the Village Conference Center dance floor at the Comfort Inn in Chelsea. The Ann Arbor News is covering proms throughout May and encourages the submission of prom photos for inclusion in their galleries. Readers can also vote for the prom they want to see featured in the print edition.

The annual Chilly Dip event at Whitmore Lake attracted about 100 onlookers as participants took a plunge into the cold waters for charity. Thomas Kabisch, also known as 'Dr. Ice,' participated for the third time, finding the experience both shocking and exhilarating. The event successfully raised $1,200 for college scholarships.