We’re witnessing a niche DeFi narrative taking shape on @pendle_fi


@apyx_fi: The first Dividend-Backed Stablecoin, backed by preferred stock and real dividends from Digital Asset Treasuries (like Strategy’s $STRC yielding ~11-13%).
@saturn_credit: RWA (sUSDat/USDat): RWA credit strategy that packages dividends from BTC-backed instruments (STRC) into stablecoins.
Yield comes from real dividends of corporate treasuries (public company backed).
The yield gap with TradFi is massive, capital is flowing hard from USDC/USDT into these assets.
@pendle_fi is the place to trade this narrative (fixed vs variable).
PENDLE-2,11%
BTC-1,72%
USDC0,03%
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