Is STRC Back? Apyx's Parker White On What Comes Next and Tokenizing STRC For DeFi

<p>Parker White is a Founding Contributor of Apyx.</p><p>Is STRC back? Saylor&#39;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&#39;s been a full on panic of investors asking what comes next.</p><p>In this episode, Parker walks us through why STRC exists in the first place, why it&#39;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&#39;s own apyUSD/apxUSD and what&#39;s been improved since then. He also explains why DeFi composability makes STRC exponentially more powerful onchain than it is in a brokerage account.</p><p>------<br>💎 THIS EPISODE&#39;S SPONSORS</p><p>🔒 <a href="https://kpk.io/" target="_blank" rel="ugc noopener noreferrer"> KPK</a> | Best risk-adjusted yield through automated vaults<br></p><p>🏦 <a href="https://app.axis.to/origin/EDGE" target="_blank" rel="ugc noopener noreferrer"> AXIS</a> | The Origin Vault launches on Ethereum on July 29th<br></p><p>🌐 <a href="https://link.re.xyz/the-edge-1" target="_blank" rel="ugc noopener noreferrer"> RE</a> | Earn real yield backed by regulated reinsurance programs<br></p><p>🐡<a href="https://institutional.puffer.fi/" target="_blank" rel="ugc noopener noreferrer"> PUFFER INSTITUTIONAL</a> | ETH staking solutions for scale<br></p><p>⚔️ <a href="https://katana.network/" target="_blank" rel="ugc noopener noreferrer">KATANA</a> | Deep liquidity &amp; real yield<br></p><p>------<br>⏱️ TIMESTAMPS</p><p>0:00 - Intro<br>2:33 - From fixed income to building Apyx<br>4:35 - What is STRC, why it exists, and what’s the end goal?<br>12:48 - Has the original vision for STRC changed?<br>17:35 - What is Apyx? How does it distribute STRC exposure in DeFi?<br>21:47 - What happened with apxUSD and what’s improved?<br>25:40 - What can Strategy do to get STRC back to par?<br>34:05 - What else could be used to back apxUSD and apyUSD?<br>35:48 - Earning back user confidence in Apyx post-STRC’s depeg<br>39:41 - Thoughts on future maturities for Strategy’s convertible debt<br>51:01 - Saylor is still Bitcoin’s CMO<br>53:16 - Why DeFi composability makes STRC more powerful<br>58:00 - Closing</p><p>------<br>🔗 GUEST LINKS</p><p>► Apyx website: https://apyx.fi/<br>► Apyx on X: https://x.com/apyx_fi<br>► Parker White on X: https://x.com/theotherparker_</p><p>------<br>🎙️ MORE FROM THE EDGE PODCAS