Two new markets opened: Cap and Ember. Eight markets are now live.
New podcast with Armen from Certora on formal verification and the audit work behind Royco.
Apyx Season 2 started on May 23, with multipliers across all Senior and Junior positions: holding, LPing on Pendle, or holding YT.
Cap (stcUSD): a yield-bearing dollar backed by a credit marketplace. Underwriters post collateral as a guarantee, adding a layer most depositors don't usually have.
Ember Protocol (eEARN): a multi-strategy stablecoin vault. Three rotating strategies and an allocation that shifts to whatever offers the best risk-adjusted return in current conditions.
Armen from Certora joined the pod with Shiv and Ankur from Royco’s engineering team to talk about formal verification: what it is, how it differs from a traditional audit, and what Certora's full engagement on Royco Dawn actually covered.
For anyone curious about how Royco built the security stack it has today, this is the conversation to listen to.
We sat down with @teryanarmenn from @Certora to break it down. Certora completed a comprehensive audit and formal verification engagement on Royco Dawn, further fortifying its security stack.
Watch it now.
This last Saturday, Apyx Season 2 kicks off, with 6% of total APYX supply distributed to participants.
Royco's Senior and Junior tranches of apyUSD are part of the program, with multipliers that depend on how you hold:
- Holding Senior or Junior: 4x
- LP on Pendle for either tranche: 32x
- YT on Pendle for either tranche: 52x
Shiv from Royco joined the Apyx pod this week to talk about tranching, risk profiles, and programmable credit.
apyUSD is also running at 0% fees on Royco. The yields have never looked better.
We’ll cover:
Why tranching matters for onchain credit Senior vs. junior risk profiles Programmable digital credit reshaping DeFi x.com/i/spaces/1RJZz…
More conversations, more articles, more markets, more integrations across every corner of DeFi.
Still expanding.