Spectra [OLD] APW

1. Summary

Ranks

Liquidity

73

Developer

-

Social

69

Momentum (beta)

0

Stack Rank™

-

Price

$0.65 +0.1%

Market Cap

$6.28M (#1835)

Supply

9.64M / 50.00M

Tags

Decentralized Exchange Token (DEX) Automated Market Maker (AMM) Yield Farming DeFi Yield Aggregator Polygon Ecosystem Ethereum Ecosystem Decentralized Exchange (DEX) Fixed Interest Yield Tokenization

More Metrics

Price
52W High price	$4.16
52W High date	7th Jan 2025 (4 months ago)
All Time High (ATH) Date	14th Oct 2021 (3 years ago)
ATH Price	$5.82
% From ATH	-93.72%
All Time Low (ATL) Date	18th Jun 2022 (2 years ago)
ATL Price	$0.10
% From ATL	279.53%

Supply & Trading Volume
Trading Volume (24h)	$41.00
Total Supply	50.00M
Max Supply	50.00M
Circulating Supply	9.64M

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Description

APWine

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APWine

APWine is a protocol that enables users to tokenize and trade future yield generated by interest-bearing tokens from various DeFi platforms. This platform allows users to deposit their interest-bearing assets during predefined periods and trade the future yield that these assets will generate.

Tokenization

APWine tokenizes the future yield through two types of tokens:

• Future Yield Tokens (FYT): Represent the future yield generated by an asset on one platform for a defined period. These tokens are ERC20 compliant and can be traded on a dedicated exchange.

• APWine IBT (ERC20): The APWine interest-bearing token. APWine IBT holders can withdraw the corresponding depositing funds from the APWine protocol at any time and will receive an amount of FYT proportional to the amount they hold.

This tokenization process allows users to speculate on yield markets, hedge risks associated with APY volatility, and earn swap fees by providing liquidity to the protocol's automated market maker (AMM).

Key Features

• Composability: APWine is designed to be highly composable with other DeFi platforms, allowing the creation of a vast yield market for users to access and manage various yield-generating strategies.
• Flexibility: Users can choose from different yield-generating strategies, such as selling unrealized yield, buying discounted Principal Tokens, and providing liquidity to the AMM.
• Security: By building on Polygon, APWine users benefit from low transaction fees and fast processing times, ensuring a secure and efficient experience.

Governance

APWine operates as a decentralized protocol under the governance of the APWine DAO. To ensure sustainability, APWine explores fee structures that can provide revenue for the DAO without compromising the user experience.

Network Support

APWine supports various networks, including Mainnet, Polygon, and Arbitrum, ensuring compatibility and a seamless experience across different blockchain ecosystems.

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