Parker White is a Founding Contributor of Apyx.
Is STRC back? Saylor's flagship BTC-backed dividend-paying instrument has had a rough summer, trading more than 10% below par since mid-June, until this week. It's been a full on panic of investors asking what comes next.
In this episode, Parker walks us through why STRC exists in the first place, why it's often misunderstood, and how it can fully restore investor confidence to get back to par ($100). He covers what Apyx does to distribute STRC exposure onchain, what happened with Apyx's own apyUSD/apxUSD and what's been improved since then. He also explains why DeFi composability makes STRC exponentially more powerful onchain than it is in a brokerage account.
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults
🏦 AXIS | The Origin Vault launches on Ethereum on July 29th
🌐 RE | Earn real yield backed by regulated reinsurance programs
🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale
⚔️ KATANA | Deep liquidity & real yield
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⏱️ TIMESTAMPS
0:00 - Intro
2:33 - From fixed income to building Apyx
4:35 - What is STRC, why it exists, and what’s the end goal?
12:48 - Has the original vision for STRC changed?
17:35 - What is Apyx? How does it distribute STRC exposure in DeFi?
21:47 - What happened with apxUSD and what’s improved?
25:40 - What can Strategy do to get STRC back to par?
34:05 - What else could be used to back apxUSD and apyUSD?
35:48 - Earning back user confidence in Apyx post-STRC’s depeg
39:41 - Thoughts on future maturities for Strategy’s convertible debt
51:01 - Saylor is still Bitcoin’s CMO
53:16 - Why DeFi composability makes STRC more powerful
58:00 - Closing
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🔗 GUEST LINKS
► Apyx website: https://apyx.fi/
► Apyx on X: https://x.com/apyx_fi
► Parker White on X: https://x.com/theotherparker_
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. Apyx has been a sponsor of The Edge Podcast. They have never paid for a guest slot. We do not offer paid guest slots. We chose Parker for his subject matter expertise bridging DeFi and explaining how the STRC perpetual preferred stock works.
