Spectra

Permissionless yield protocol | Create pools, fix rates, trade yield, govern & earn | Formerly APWine

[Spectra @spectra_finance]

MetaVaults are now live!

→ https://t.co/vsVNwVyycQ

✅ Pool expiry cycles handled automatically
✅ New onchain business venue for curators
✅ YT yield auto-capture & autocompounding
✅ Single receipt token & more

Discover all the benefits ↓

[Quantic @0xQuantic]

Note that people are also using @spectra_finance to put their FLR to work. ☀️

[Flare ☀️ @FlareNetworks]

Missed Inside XRP on Flare with @FlareNetworks, @Firelightfi, and @spectra_finance?

Watch the replay here, or on YouTube we're you can find alpha in our latest X spaces and interviews.

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

MetaVaults delivered. They launched with the key promise: carry liquidity across fixed-term markets.

Tonight, with the expiry of the largest XRP yield market, millions were rolled over into new ones within the bounds of an MV deployment, allowing hundreds of liquidity providers to remain positioned without having to monitor pool expirations or execute manually.

The Spectra protocol retained millions of TVL and enabled deep liquidity for traders on the new markets from the get-go.

Super excited!

[Will @wpr272]

As the largest @Spectra_Finance market expired on June 3rd, 4M+ in XRP-backed liquidity rolled over into a new stXRP market through the @GamiLabs MetaVault.

Historically, that moment was the friction point where LPs migrated manually, while TVL and liquidity depth took time to materialize in the new market.

This time, through Spectra MetaVaults on Flare, the rollover happened seamlessly at expiry with zero LP friction. The new yield market went live with mid-7 figures of liquidity and stickier TVL.

MetaVaults are turning XRP-backed yield on Flare into durable onchain financial infrastructure. Check Spectra's article below for more details :)

[Flare ☀️ @FlareNetworks]

The June stXRP pool on Spectra expired with $ 4.3M+ in liquidity rolling forward.

XRP-denominated fixed income is taking shape on Flare — with Spectra MetaVaults rolling over liquidity at scale.

Full details in @spectra_finance’s article below.

[Spectra @spectra_finance]

https://t.co/CQ0tCDK5Qj

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

Heading to @Vault__Summit at NYSE NYC to introduce Spectra MetaVault infrastructure and the new operator app to curators and funds present there.

[Spectra @spectra_finance]

We're joining the broadcast: Inside XRP on Flare!

Tune in as @GaspardPeduzzi shares his view on XRPfi, ongoing developments, and what's next for Spectra in this space, alongside leaders from @FlareNetworks and @Firelightfi.

[Flare ☀️ @FlareNetworks]

Inside XRP on Flare: Live with Founders from Flare, Firelight, and Spectra https://t.co/GTOml9c1dy

[Katana ⚔️ @katana]

avKAT keeps stacking utility.

It auto-compounds and you can post it as collateral to borrow against it to stay liquid.

Now on @spectra_finance you can split it into Principal and Yield Tokens to enable fixed rates or go long the curve.

[Spectra @spectra_finance]

Principal and Yield Tokens are tradeable during the market's lifespan and settle at the pool's maturity - a date visible onchain and in the Spectra App.

Liquidity providers are exposed to several yield sources, depending on the pool configuration.

[Spectra @spectra_finance]

Spectra welcomes avKAT, a new asset registered on the protocol.

The Autocompounding Voting KAT is issued by @katana. Principal and Yield Tokens are now enabled for the asset.

Access open markets via https://t.co/CBTw1GQxwf

[Spectra @spectra_finance]

Principal Tokens enable a fixed rate on a yield-generating asset.

Example: Enter with 100 avKAT, hold Principal Token until maturity, and redeem for 110 avKAT units.

Discover the tool:
https://t.co/3f7e664BpD

[Flare ☀️ @FlareNetworks]

Spectra on Flare lets users choose how they want to approach stXRP yield:

Principal Token (PT)- stXRP for fixed-rate exposure.
Yield Token (YT) - stXRP for leveraged exposure, including 2x on @Firelightfi Points.

Here’s how to approach PT and YT for stXRP on @spectra_finance 👇

[Spectra @spectra_finance]

June 2, 4PM UTC, save the date!

A live conversation on XRP Finance on Flare, with leaders from @FlareNetworks, @Firelightfi and Spectra.

Recent milestones across the stack, what's shipping next, and where XRPfi is heading.

Streamed on X.

[Flare ☀️ @FlareNetworks]

Inside $XRP on Flare.

Join @0xQuantic and @HugoPhilion from @FlareNetworks with, @ConnorXslivan from @Firelightfi, and @GaspardPeduzzi from @spectra_finance this coming Tuesday.

Tune in for a livestream on XRPFi, FXRP, stXRP, fixed rates, rewards, and what’s next for XRPFi on Flare.

Set your reminder and join us live for the conversation☀️

[Spectra @spectra_finance]

@base 👀

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

I am very excited about where things are headed for Spectra. A few things I want to share, in no particular order:

- The value proposition of MetaVaults is working. We are seeing curators source liquidity and incentive packages for their MV deployments independent of Spectra's internal BD efforts. Any founder or BD person will understand how impactful it is to have an independent party capable of sourcing liquidity without a single call or text message.

- The second MV value proposition: liquidity rollovers, the biggest pain point of fixed-term markets. Smaller-scale rollovers have already executed with zero friction to liquidity providers. The model holds so far, and a significant pool expiry next month will be its first test at scale.

Both of these dynamics remain somewhat masked by market turbulence, but the early signs are evident.

- The team has been developing MetaVault V2, and recently completed an important audit with @Certora covering the key components ahead of the Order Book implementation and a strategic non-EVM deployment. The report is due any day now.

I'll say it plainly: MetaVaults V2 is the most capable and flexible vault framework on the market. Combined with the team's years of PT/YT infrastructure expertise, this puts MV V2 well ahead of any comparable offering.

I will be presenting MV V2 to curators and funds next week during my stay in NYC, centered around the Vault Summit event at NYSE headquarters.

- Spectra protocol activity is very vibrant, and Spectra is now the #1 yield trading venue for XRP Finance on EVM. Anyone can monitor and verify the ongoing activity at activity.spectra. finance (more data depth on the pool pages in the App).

While I'm here, I also want to reiterate that a tokenomic upgrade for the SPECTRA token remains planned. Since our Q1 update, the thinking has developed alongside the protocol's growth, and we'll bring the detail to the governance forum for discussion.

I appreciate everyone's support

[Spectra @spectra_finance]

The Spectra team quietly completed the development of MetaVault V2, making it the most advanced and flexible vault framework on the market.

We are now sharing it with existing MetaVault curators and will showcase it during our presence at Vault Summit NYC at @NYSE next week.

With V2, MetaVaults can:
- Extend strategies to external protocol assets without custom adapter development, saving significant build time
- Give all actors an admin-grade view into parameters, eligible destinations, and whitelisted actions
- Route liquidity cross-chain
- Encapsulate async strategies like RWA, looping, and carry trade

For curators, this is the part worth pausing on. V2 opens a direct path to amplify the distribution of async strategies via the Spectra ecosystem and third-party interfaces.

- Handle Yield Derivatives (PT/YT) and fixed-term market (LP) tokens
- Compound YT into LP positions
- Calculate NAV across @merkl_xyz rewards, pending YT yield, LP tokens, token emissions, and more, all simultaneously
- Sync NAV with external reporting platforms like @afiprotocol_xyz and other providers

V2 also comes ready for the Spectra Order Book, with native support built in ahead of its official launch.

[SCEPTRE @SceptreLS]

Well, that didn’t take long! Just 1 week after the previous pool matured, the new $sFLR liquidity pool on @spectra_finance (maturing Sept 30th) has already crossed $1.1M in deposits. It’s amazing to see our community leveraging the power of liquid staking!💪

[StrangeFi.eth (Spectra intern) @strangedotfi]

Fixed rate available for XRP on Spectra:

• with 10 stXRP → 6.68% APR
• with 100 stXRP → 6.68% APR
• with 1,000 stXRP → 6.67% APR
• with 10,000 stXRP → 6.64% APR
• with 100,000 stXRP → 6.3% APR

Maturity in 12 days.