The Edge Podcast cover image

The Edge Podcast

YIELD TALKS: Earning Fixed Rates and Trading Yields on Spectra Finance

Jan 28, 2025
Gaspard Peduzzi, co-founder of Spectra Finance; Tim Shekikhachev, co-founder of Resolv; and Amadeo Brands, founder of YieldNest, join for an engaging discussion on decentralized finance. They dive into how Spectra earned over $220M TVL in under eight months and its unique fixed-rate earning mechanisms. The conversation also highlights the innovative features of yield-generating stablecoins and the exciting potential of automated market makers in transforming the DeFi landscape.
48:29

Podcast summary created with Snipd AI

Quick takeaways

  • Spectra Finance's decentralized protocol enables users to earn fixed rates and trade yields, achieving over $220M TVL in under eight months.
  • Collaborative integrations with Resolve and YieldNest highlight how interconnected DeFi protocols can enhance user engagement and liquidity generation.

Deep dives

Founding and Evolution of Spectra Finance

The foundation of Spectra Finance began during the DeFi summer of 2020, driven by a desire to improve yield trading efficiency. The creators recognized a gap in the market for a decentralized platform that allowed users to speculate on variable yield rates and separate yields from underlying assets. After launching the initial protocol, APY, they re-evaluated their approach due to inefficiencies and ultimately launched Spectra in June 2023, achieving over $200 million in Total Value Locked (TVL). The aim was to create a permissionless protocol, likened to Uniswap for yields, allowing users to freely deploy assets and create trading pools.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode