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Spectra

APW

The yield derivatives marketplace

$

0.656456

-0.34%
  • Trading Volume(24h)
    -61.24% $ 8,230.612
  • Circulating Market Cap
    $ 6,297,775.217 #997
  • Fully Diluted Valuation $ 33,046,797
  • Circulating Supply 9,635,523.871 APW
  • Total Supply 50,000,000 APW
  • Total Raised $8.7 M
  • Contract Address
  • Supported Exchanges
    UniswapSushiSwap

Details

Spectra is a protocol for future yield tokenisation.DeFi users can deposit their interest bearing tokens of other protocols during defined future periods and trade in advance the future yield that their funds will generate. Spectra works by placing Interest Bearing Tokens (IBT) or any yield-bearing asset for a fixed duration of time in a smart contract and issuing Future Yield Tokens (FYT) in return. The yield generated by these assets is directly received by the smart contract, and only the holder of the FYTs can redeem the corresponding underlying yield at the end of the period.As FYTs are regular ERC20 tokens, they can be freely traded, opening up a new market for future yield.

Related News

$

0.656456

-0.34%
  • Trading Volume(24h)
    -61.24% $ 8,230.612
  • Circulating Market Cap
    $ 6,297,775.217 #997
  • Fully Diluted Valuation $ 33,046,797
  • Circulating Supply 9,635,523.871 APW
  • Total Supply 50,000,000 APW
  • Total Raised $8.7 M
  • Contract Address
  • Supported Exchanges
    UniswapSushiSwap
Followers 21.71 K
Following 243
Top Followers
+95

Significant Events

Nov 11, 2022

Spectra raised $ 2.6 M in Seed Plus round

Dec 28, 2021

Spectra was live on mainnet

May 21, 2021

Spectra raised $ 5.1 M through IDO

Mar 25, 2021

Spectra raised $ 1 M in Seed round