Apyx Security

cashapp £mattydrew95

[Apyx Security @ApyxSecurity]

@apyx_fi 🚨 URGENT for apyxUSD holders:

The community vote for the repeg & compensation plan is now live.

If passed, eligible users may receive compensation + priority recovery access.

Voting closes June 8.
Vote now ↓
https://t.co/dlMkkDWo4P

[Apyx @apyx_fi]

https://t.co/QBk50yAQPk

[Apyx @apyx_fi]

No, Apyx is not levered $STRC.
No, this is not "Luna 2.0".

And no, the team is not blindly dumping cash into the market while leaving long-term holders concentrated in $STRC.

In Apyx Office Hours #12, we addressed the biggest questions around $STRC volatility, the $apxUSD discount, redemption mechanics, and how the protocol is being managed through stress.

A few key points:

🔴 Apyx is designed to avoid bank-run dynamics. Instant NAV redemptions during stress would force the protocol to dump massive amounts of $STRC into a thin, falling order book.

🔴 The team is maintaining a homogeneous asset mix by selling $STRC alongside redemptions, not just spending cash and leaving remaining holders with increased concentration risk.

🔴 Apyx is the largest holder of $STRC, meaning we have a strong incentive to manage liquidity responsibly.

🔴 When $apxUSD is bought back at a discount, that discount can flow back into the protocol as additional overcollateralization, potentially leaving the protocol stronger after volatility subsides.

🔴 The long-term goal remains 10% overcollateralization, a level where events like this become significantly easier to absorb.

🔴 $STRCx, tokenized $STRC, is part of a broader vision for fully onchain reserve management, greater transparency, and eventually 24/7 liquidity.

Timestamps:
• 02:51 Why STRC sold off and what triggered the volatility
• 05:37 What happens inside Apyx when STRC trades below par
• 07:36 Why instant NAV redemptions could damage both STRC and Apyx
• 09:29 Why the team slows redemptions instead of force-selling reserves
• 09:56 How discounted buybacks increase overcollateralization
• 10:56 The path toward 10% overcollateralization
• 14:39 Exit options for apxUSD holders
• 17:22 Why Apyx is not levered STRC
• 17:50 SATA rotation and reserve management
• 19:12 Apyx vs STRCx and other STRC-related products
• 22:23 Balance sheet management during stress
• 24:22 Why Apyx is designed to be anti-bank-run
• 27:31 Saylor's options to stabilize STRC
• 33:58 Why Apyx tokenized reserves through STRCx
• 36:10 The vision for fully onchain financial infrastructure

Full replay below. 👇

[Stephen | DeFi Dojo @phtevenstrong]

This an unpopular opinion right now, but APYX will be okay.

They will almost certainly move to doing market-hours redemptions at NAV, which will fix their pegging issues.

They were also able to profit from buying their own asset under its NAV, which increased relative collateralization for everyone.

apyUSD is still a way to hold muted exposure to STRC and other preferred equity while getting a better than STRC yield.

Once the issues are fixed, and I am confident they will be, this is still a better way to get STRC exposure than naked holding.

[Apyx @apyx_fi]

After a volatile week across crypto and digital credit markets, we decided to run Office Hours back.

In yesterday's Apyx Office Hours #13, we cover why Strategy still has plenty of tools available, why recent volatility may actually create opportunities for long-term holders, and what Apyx learned from one of the most stressful weeks in protocol history.

A few key points:
🔴 Despite what many think, Strategy still has multiple levers available.

🔴 Apyx believes many investors underestimate how liquid Bitcoin really is. A single large $BTC transaction can raise enough cash to cover months of preferred dividends.

🔴 $SATA's structure remains compelling. Daily dividends, a clean capital structure, and senior positioning create a strong complementary asset.

🔴 Derivatives, leverage, and liquidity gaps can amplify volatility far beyond what fundamentals justify, particularly during overnight and weekend trading sessions.

🔴 The team's biggest mistake during the recent volatility.

🔴 Managing a 24/7 stablecoin backed by assets that only trade during market hours remains one of the biggest challenges facing tokenized RWAs.

🔴 Overnight liquidity is where much of the recent $apxUSD discount occurred. When TradFi markets are closed, determining "true NAV" becomes significantly more difficult.

🔴 Despite the volatility, the protocol emerged with valuable lessons around liquidity management, operational speed, and market maker incentives.

Timestamps:
• 02:19 If Parker were Michael Saylor, what would he do next?
• 03:33 Strategy's options: dividends, ATMs, preferreds & Bitcoin sales
• 06:56 Why STRC's discount may be an opportunity
• 08:52 SATA vs STRC and portfolio construction
• 12:32 Daily dividends & short seller dynamics
• 14:04 Derivatives, liquidity gaps & volatility spikes
• 19:56 Lessons learned from the apxUSD discount
• 20:25 Communication mistakes and protocol improvements
• 22:17 The challenge of managing RWAs in a 24/7 market
• 26:29 Why apxUSD briefly traded below STRC
• 29:14 Is Bitcoin near a bottom?
• 33:51 Why we're still bullish on crypto long term
• 35:17 Why Bitcoin remains neutral, non-confiscatable money

Full replay below. 👇

[Apyx @apyx_fi]

To protect existing users and ensure all holders are treated fairly, the Apyx team has temporarily removed most protocol-owned liquidity from secondary markets while U.S. equity markets are closed.

This decision is driven entirely by the fact that STRC does not trade over the weekend. As a result, the protocol cannot actively manage its exposure or transact in the underlying asset until markets reopen.

Maintaining normal liquidity during this period could create situations where secondary market prices diverge materially from the value of the underlying collateral. In extreme scenarios, this could result in transactions that disproportionately benefit or harm certain users at the expense of others.

Our goal is to ensure all users have access to the same underlying NAV and are treated equitably.

We currently intend to restore liquidity before U.S. markets open on Monday, June 8, at which point normal market operations will resume.

We appreciate the community's patience and understanding.

[Apyx @apyx_fi]

We're going LIVE today (June 4) at 7:30 PM EST for Apyx Office Hours #13.

We'll discuss the recent volatility around STRC and apxUSD, share our latest thinking on digital credit markets, provide an Apyx update, & answer questions from the community.

Set a reminder & drop the tough questions.👇
https://t.co/NGYfB3WfYL

[Apyx @apyx_fi]

🚨 Apyx Protocol Update

The team is working to deploy additional liquidity into secondary markets, we expect improved conditions within the next few hours.

For users in leveraged Morpho positions, we understand the real pressure you're under and are actively working on solutions to bring more liquidity into lending markets.

This week was a stress test for the protocol. We appreciate everyone who voiced concerns, both the constructive feedback and the tough questions. It matters and it doesn't go unnoticed.

We owe the community a transparent account of how the protocol performed and how we plan to come back stronger. We'll continue to communicate as liquidity improves and will be sharing proactive updates going forward.

[Apyx Security @ApyxSecurity]

@apyx_fi 🚨 URGENT for apyxUSD holders:

The community vote for the repeg & compensation plan is now live.

If passed, eligible users may receive compensation + priority recovery access.

Voting closes June 8.
Vote now ↓
https://t.co/dlMkkDWo4P

[Apyx Security @ApyxSecurity]

Still after a sugar daddy

[Apyx Security @ApyxSecurity]

On a real one , I generally don’t think I ever wanna fall in love ever again.

[Apyx Security @ApyxSecurity]

3 months and It’s holiday time, cannot wait

[Apyx Security @ApyxSecurity]

So so shit when nobody actually cares and nobody actually will

[Apyx Security @ApyxSecurity]

@king_jakey1 Do this to me pls

[Apyx Security @ApyxSecurity]

#NewProfilePic

[Apyx Security @ApyxSecurity]

@backtrvck Erm wow

[reggie mills @MillsReggie]

Manipulation is when they focus on how you reacted instead of how they treated you.

[Apyx Security @ApyxSecurity]

#NewProfilePic

[Apyx Security @ApyxSecurity]

@Joshxgrayson Need

[toxic king @toxicking]

I’m sorry I got jealous babe 😔 I just know how easy you are