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Don't Touch A Stablecoin Without Checking Pharos First | DeFi Frontier

Don't Touch A Stablecoin Without Checking Pharos First | DeFi Frontier20 aug1 u 09 min

<p>TokenBrice is the Founder and Ike is Growth &amp; Comms Lead at Pharos.</p><p>In this episode of DeFi Frontier, Bryce and Ike walk through how Pharos provides investors, a free tool for tracking stablecoin cap, peg stability, liquidity, and dependency risk, including what factors into a stablecoin safety score, and what red flags to avoid. They even offer case studies and live examples of how Pharos tracks stablecoins, including how Pharos flagged the pmUSD stablecoin before it ever depegged.</p><p>Don&#39;t touch another stablecoin without checking Pharos first!</p><p>------<br>💎 THIS EPISODE'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>2:22 - Origin of Pharos<br>7:08 - Why DeFi needed Pharos<br>11:35 - Screenshare demo of Pharos platform<br>16:48 - What factors into scoring a stablecoin?<br>24:21 - How Pharos called out pmUSD ahead of its depeg<br>30:44 - Tensions with stablecoin protocol teams<br>35:01 - Taking research public, before a depeg<br>40:46 - Case studies of depegs<br>41:34 - Explaining the USDC depeg in March 2023<br>46:14 - What are red flags to avoid in any stablecoin?<br>53:30 - What’s next for the Pharos platform?<br>1:07:24 - Closing</p><p>------<br>🔗 GUEST LINKS</p><p>► Pharos website: https://pharos.watch/<br>► Pharos on X: https://x.com/pharoswatch<br>► TokenBrice on X: https://x.com/TokenBrice<br>► Ike on X: https://x.com/Ikebillion_</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.</p>