STRC DeFi stack is growing as yield lives on the highest end in the market


Onchain digital credit yield is currently unstoppable.
Here's the STRC DeFi roundup if you've missed it (which you shouldn't):
1. @apyx_fi Reserves are up 32% WoW, from $196M to $259M.
2. Apyx added another $25M in STRC into the reserves, which makes 50% of the reserves in STRC (~$130M), marking it the largest STRC holder.
3. @Strategy Voting for Semi-Monthly STRC Dividends Proposal started on April 28, open until June 8.
4. If passed, it will smoothen STRC near $100 par value, lessen ex-dividend drops (less “cyclicality”), and increase liquidity from more frequent entry/exit opportunities.
5. @saturn_credit also acquired another $15M in STRC, marking $53M in STRC backing sUSDat.
6. Saturn's sUSDat TVL is up 11.15%, from $52.8M to $58.9M.
7. DeFi "risk tranching" integrations are growing too. All STRC-backed stablecoins can now be tranched into "Senior tranche" and "Junior tranche"
8. @roycoprotocol Royco Dawn tranches Apyx's apyUSD into a Senior token (8.85% APY) and Junior token (29.61% APY).
9. @strata_markets Strata divides Saturn's sUSDat into srUSDat (7.8% APY) and jrUSDat (25% APY)
All this within last week. Crazy time to see the STRC niche skyrocket and shine above everything in DeFi. Things are going to get crazier in May and June.
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