APYUSD Apyx Protocol USD Stablecoin Loading...

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19:03
Apr 20
Parker White COO & CIO, DeFi Development Corp Unchained (Chopping Block)
Yield-bearing stablecoin backed by diversified basket including STRC.
APYUSD is a stablecoin that yields 12-13% by being backed by a basket of assets including MicroStrategy's preferred stock (STRC) and some cash/SATA. It is over-collateralized, has a two-token model (staked and non-staked), and is designed to bring yield from traditional finance (via a liquid, transparent preferred stock) on-chain. It is accessible to non-US investors and is gaining liquidity (listed on Kraken). The product is growing rapidly and is becoming a key part of the digital credit on-chain narrative.
APYUSD 1ST
HIGH

About APYUSD Analyst Coverage

Buzzberg tracks APYUSD (Apyx Protocol USD Stablecoin) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.