Apyx܂ Foundation

| The First Dividend-Backed Stablecoin, Targeting 13% APY | Enhanced Digital Credit Yield, Onchain | The Largest Holder of $STRC |

[Apyx܂ Foundation @apyxfnd_]

https://t.co/ArhpDJPMLa

[Apyx܂ Foundation @apyxfnd_]

@MountainTimeZ @COrepKdeGraaf test181717

[Apyx܂ Foundation @apyxfnd_]

🚨 Apyx Protocol Update

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

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

Voting is now open and closes on June 15th

Find out more: ↓ https://t.co/XfsHrLpK0g

[Apyx @apyx_fi]

🚨 Protocol Update: Weekend Liquidity Is Live

One of the biggest issues this week was the overnight and weekend liquidity gap. When U.S. equity markets close, the protocol can't sell STRC to match redemptions.

Example: On Tuesday night STRC closed around $96 and apxUSD continued trading on Curve through the overnight session. Without the ability to sell STRC and deploy the proceeds into the pool, apxUSD traded down to $0.90, well below where the NAV actually was. If equity markets had been open, we could have sold STRC proportionally, converted to USDC, and added liquidity to absorb the selling pressure. That gap between crypto's 24/7 market and TradFi's 8-hour trading day was the single biggest driver of the wicks this week, and we've now implemented a solution.

We've deployed a hedging system that allows us to manage the protocol's STRC exposure even when equity markets are closed. This means we can now quote and process redemptions over weekends and overnight, which should significantly reduce the after-hours wicks we saw earlier this week.

Limit orders are live on Kyber and CoW right now, and we'll continue to reload them throughout the weekend as they get filled. Spreads will tighten further on Monday once equity markets reopen.

This is a v1 of the system and we'll continue to refine it over the coming weeks, but the core problem of weekend/overnight liquidity gaps is now being actively addressed.

This is the first of several changes coming following this week's market volatility. The thesis hasn't changed and neither has our commitment to bringing digital credit yield onchain.

[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.

[Binance Wallet @BinanceWallet]

New integrations are now live on #BinanceWallet!

Check out the newly added dApps: APYX, D2, Fortune, Idos Games, O2, Robonet.

Discover them now! ⤵️
https://t.co/HJS649nnlj

[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]

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]

🚨 PSA: We're moving apxUSD liquidity from Curve to KyberSwap to meet current market demand.

Kyber's aggregator routes swaps across 100+ DEXs for best execution, and its dynamic AMM concentrates depth where trading actually happens.

[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

[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]

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. 👇

[Apyx @apyx_fi]

https://t.co/QBk50yAQPk

[Apyx @apyx_fi]

Volatility is vitality.

[Apyx @apyx_fi]

Is the market overreacting? 🤔

Join us TODAY at 7:30 PM EST for Apyx Office Hours #12.

We'll discuss the recent $BTC & $STRC volatility, separate signal from noise, explain what it means for digital credit, and answer questions.

Set a reminder. 👇
https://t.co/0lZkL2ZqpX

[アライドクリプト| 資産AX事業部【公式】 @AlliedCrpt]

ビットコイン「冬の時代」を生き残る財務戦略📈

アライドアーキテクツ株式会社（6081）は、
目標利回り13%、米Strategy社の優先株STRC等を担保としたステーブルコイン「Apyx」 @apyx_fi の自社運用を開始する予定であることをお知らせします。
https://t.co/zLW4eDCWPA

[Apyx @apyx_fi]

https://t.co/qjbEasy2eC

[Apyx܂ Foundation @apyxfnd_]

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[Apyx܂ Foundation @apyxfnd_]

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[Apyx܂ Foundation @apyxfnd_]

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