The Edge Podcast

← The Edge Podcast12 aug · 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 aug47 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.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>