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 PODCAST AND EDGE NEWSLETTER</p><p>► Newsletter: https://the-edge.xyz<br>► Apple: https://tinyurl.com/edgepod<br>► Spotify: https://tinyurl.com/edgepodspotify<br>► Linktree: https://linktr.ee/edge_pod<br>► Follow DeFi Dad: https://x.com/DeFi_Dad<br>► Follow Nomatic: https://x.com/Nomaticcap<br>► Learn DeFi: http://defidad.com/</p><p>------<br>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.</p>