Spectra Profile picture
Permissionless yield protocol | Create pools, fix rates, trade yield, govern & earn | Formerly APWine
Mar 4 5 tweets 2 min read
Introducing Flare XRP Yield Prime MetaVault for the @FlareNetworks ecosystem, curated by @GamiLabs

Get started with FXRP & stXRP


Automated and optimized XRP yield, rFLR rewards & more. Explore ↓ app.spectra.finance/metavaultsImage A single-entry point for liquidity providers (LPs) to the XRPFi universe via Spectra.

Optimized and automated yield capture, designed so LPs can stay positioned across pools and assets without manual oversight.

All destinations are onchain and transparent.
Jan 8 4 tweets 2 min read
stXRP from @Firelightfi is on Spectra!

A liquid staking token for XRP that brings the asset into DeFi via @FlareNetworks.

Access Principal & Yield Tokens, the stXRP Pool, and Firelight Points exposure ↓ Image Pools power Spectra products.

Liquidity providers get exposure to swap-fee mechanics while maintaining a balanced market outlook, along with additional yield sources tied to pool activity and rewards such as Firelight Points.

Discover Pools:
app.spectra.finance/pools?networks…Image
Jun 27, 2022 9 tweets 4 min read
Monday thread: The case for the new DeFi paradigm

1/ @DefiLlama lists 1000+ interest-bearing tokens: defillama.com/yields

Unlike on CMC/Coingecko, these tokens have no price tags.

Here, APY is the key indicator users check on and only a few realize the juicy opportunity: 2/ Why APY is such a big deal?

Until recently, traders on CEXs / DEXs have been particularly focused on the evolution of assets' value (mainly denominated in fiat/btc/eth).

In other words, price speculation is what currently drives most of the trading volumes in crypto.
Jun 23, 2022 12 tweets 5 min read
A token that goes up only in value?

Meet interest-bearing token [iBT]- a powerful token type utilized by a handful of DeFi wizards.

1/ Dive into the origins of iBTs, how they are created, and how to become a DeFi wizard 🪄 by unlocking all their powers.

🧵 👇 2/ First, a little bit of DeFi history.

In the early stage of decentralized lending, users who wanted to lend money to earn interest had to deposit funds into smart contracts with a locking period.

Ex: You deposit $1000 DAI that can only be redeemed with interest in >3 months.
Jun 10, 2022 8 tweets 4 min read
$ 660,000,000,000,000

This is the ~ size of the interest rate derivatives market in TradFi.

It’s the biggest derivatives market in the 🌏

Most of them are traded OTC. No access for normies.

Good news? APWine is disrupting that market in DeFi.

Here's how 👇 A thread 🧵 Image 1/ First, interest-rate derivatives are nothing new.

The 1st interest rate swap occurred between IBM and the World Bank in 1981.

Since then, this derivative market has kept soaring, with OTC trading constantly reaching new ATHs.

Most of it is not accessible to regular people. Image
Dec 14, 2021 5 tweets 4 min read
Winemakers, welcome to the first Winelisting event!
This marks the launch of the APWine Governance, live on app.apwine.fi/governance 🏛

This first event will allow the top pools to be listed on APWine on V1 launch and be eligible for APW incentives.

Get your voice heard 🧵⬇️ 1/3) Along with the initial governance system comes Vote-escrowed APW. You can lock your APW for any duration from a week to 2 years to increase your voting power.
For this first Winelisting, Tokemak tAPW and LP positions on Sushiswap are eligible for smaller voting weights.
Dec 11, 2021 6 tweets 4 min read
A fine wine's maturity date cannot be easily predicted as it takes the work of a master vintner sampling and testing the quality of the vintage before it can be called exquisite.

Here we will share an $APW sampling with you to help you understand "wen v1" 🍷 (1/6) Image ☢️🍇 At the End of last month we were selected in the C.O.R.E.2 Tokemak event, including a $3M treasury swap, which will ensure there is constant $APW liquidity and full wine glasses for all.

Read below for more details 👀
medium.com/tokemak/c-o-r-… (2/6)