Quick TakeDisclaimer: The Block Research team has, is, and will be experimenting with the various protocols, projects, and applications mentioned in this series. The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this series are highly experimental and, as such, will come with risks. Readers should evaluate their own risk tolerance before experimenting with these projects.DeFi Digest is a series that summarizes recently launched projects and applications that our research team found interesting.This week’s digest looks at JPEG’d and NiftyOptions