May 12
Apyx: When Saylor's Dividends Flow into DeFi
This marks the first serious handshake between TradFi and DeFi in the form of cash flow.
➤ Michael Saylor's Strategy is issuing perpetual preferred stock (STRC) to fund Bitcoin purchases, offering an 11.5% dividend. ➤ Apyx acts as a transformer, bridging STRC's dividends to DeFi users via apxUSD and apyUSD, aiming for yields over 13%. ➤ This initiative represents a significant integration of traditional finance cash flows into DeFi, with potential risks tied to Bitcoin's performance and apxUSD's utility beyond speculative points.
