How Saturn Is Tokenizing Michael Saylor's 11.5% STRC Bitcoin Yield for DeFi | DeFi Frontier

About this episode

Ellis Osborn and Kevin Li discuss how Saturn is tokenizing Bitcoin yield through STRC and its implications for DeFi.

Ellis Osborn and Kevin Li are CoFounders of Saturn. This is the first episode in a new series by The Edge Podcast covering emerging DeFi builders. Ellis and Kevin break down how Saturn tokenizes STRC via two onchain assets, USDat and sUSDat. Michael Saylor and his team at Strategy built STRC to pay an 11.5% yield backed by Bitcoin. Saturn is building the DeFi layer on top of this STRC yield. We learn how Saturn's tokenized yield unlocks global access to STRC, higher leverage through the likes of Morpho, yield trading on Pendle, and risk tranching soon through Strata. They share more on why Saylor himself is so excited for what Saturn is working on to distribute STRC yield on Ethereum. We cover why digital credit might be superior to private credit, and how STRC could become "the risk-free rate of onchain finance." ------ 💎 THIS EPISODE'S SPONSORS 🔒 KPK | Best risk-adjusted yield through automated vaults 🏙 MAINSTREET | Bringing proven TradFi yield strategies to DeFi markets 🏦 ALTURA | Bringing the yield institutions kept, to your wallet 🕛 NOON | The highest and safest stablecoin yield, built for the long term 👻 MANTLE | Aave V3 is live on Mantle 🐡 PUFFER INSTITUTIONAL | ETH…

People in this episode

Host: DeFi Dad

Guests: Ellis Osborn, Kevin Li

Topics covered

• DeFi
• tokenization
• Bitcoin yield
• STRC
• emerging builders
• digital credit
• onchain finance

Keywords

• Saturn
• STRC
• Michael Saylor
• DeFi
• yield
• tokenization
• Ethereum
• digital credit

Sponsors

KPK, MAINSTREET, ALTURA, NOON, MANTLE, PUFFER INSTITUTIONAL, KATANA, GEARBOX PROTOCOL

Mentioned in this episode

Organizations: Saturn, Strategy, Ethereum, Morpho, Pendle, Strata

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