The Edge Podcast

DeFi Dad × Chaitanya Jain

Strategy’s Nasdaq-listed STRC targets a stable $100 price with an 11.5% annual yield paid monthly and tax-deferred, backed by 4-5x more Bitcoin than issued plus $2.25B in cash.Its differentiated buyer base could keep funding Bitcoin accumulation through bear markets: Strategy raised $1.6B in two weeks, but the model depends on Bitcoin appreciation, disciplined management, and eventual demand for a proposed digital-money layer.

DeFi Dad × Nomatic × Arpan Gautam

sUSN has outperformed Ethena, Resolv, Cap, USDai, and Sky through an allocator spanning DeFi, CeFi, and TradFi.With funding-rate arbitrage at a standstill, capital is shifting toward credit and CLOs; Accountable proof-of-solvency differentiates Noon, while First Brands fraud and tentative institutions remain key risks.