The Edge Podcast

← The Edge Podcast12 ago · 47 min

Polaris: Earn Yield On Gold, ETH, and BTC With No Counterparty Risk | DeFi Frontier

Polaris: Earn Yield On Gold, ETH, and BTC With No Counterparty Risk | DeFi Frontier12 ago47 min

<p>Robert Mullins is the CoFounder of Polaris.</p><p>DeFi has a yield trap, where we&#39;re entirely reliant on staking rewards, T-bills, and basis trades for yield, all sources we don&#39;t fully control.</p><p>In this new episode of DeFi Frontier, Robert explains how Polaris built native yield infrastructure for Ethereum. We review a new native yield-bearing ETH called pETH, that has both a market price and a mathematically guaranteed floor price. With pETH, users will be able to mint a stablecoin USDp, or Polaris digital gold GOLDp or other pAssets supported by the protocol. Robert walks us through Polaris&#39;s vision to issue stablecoins, commodities and synthetic assets against pETH, with the economic activity generated flowing back into the ecosystem.</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 launched on Ethereum<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://apyx.fi/" target="_blank" rel="ugc noopener noreferrer"> APYX</a> | The first dividend-backed stablecoin (DBS)<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>------<br>⏱️ TIMESTAMPS</p><p>0:00 - Intro<br>1:46 - Why Ethereum and Polaris are mutually self-reinforcing<br>3:27 - What’s “the yield trap” most decentralized stablecoins run into?<br>6:38 - How Polaris solves the yield trap?<br>12:25 - What is pETH? Why hold it instead of just ETH?<br>15:15 - The rising floor price of pETH, risks vs rewards<br>24:03 - More core assets coming like GOLDp and BTCp<br>28:44 - Why GOLDp could be hugely popular<br>31:03 - Polaris Testnet demo<br>35:49 - What is fpETH vs vpETH?<br>38:56 - Stewardship, not governance<br>41:03 - Why Polaris aligns with Ethereum&#39;s CROPS mandate<br>45:05 - Closing</p><p>------<br>🔗 GUEST LINKS</p><p>► Polaris website: https://polarisfinance.io/<br>► Polaris on X: https://x.com/polarisfinance_<br>► Robert on X: https://x.com/0xluude</p><p>------<br>🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER</p><p>► Newsletter: https://the-edge.x