
Episode #248
Don't Touch A Stablecoin Without Checking Pharos First | DeFi Frontier
TokenBrice is the Founder and Ike is Growth & Comms Lead at Pharos. In this episode of DeFi Frontier, Bryce and Ike walk through how Pharos provides investors, a free tool for tracking stablecoin cap, peg stability, liquidity, and dependency risk, including what factors into a stablecoin safety score, and what red flags to avoid. They even offer case studies and live examples of how Pharos tracks stablecoins, including how Pharos flagged the pmUSD stablecoin before it ever depegged. Don't touch another stablecoin without checking Pharos first! ------ THIS EPISODE'S SPONSORS KPK | Best risk-adjusted yield through automated vaults AXIS | The Origin Vault launched on Ethereum RE | Earn real yield backed by regulated reinsurance programs APYX | The first dividend-backed stablecoin (DBS) PUFFER INSTITUTIONAL | ETH staking solutions for scale ------ ⏱️ TIMESTAMPS 0:00 Intro 2:22 - Origin of Pharos 7:08 - Why DeFi needed Pharos 11:35 - Screenshare demo of Pharos platform 16:48 - What factors into scoring a stablecoin? 24:21 - How Pharos called out pmUSD ahead of its depeg 30:44 - Tensions with stablecoin protocol teams 35:01 - Taking research public, before a depeg 40:46 - Case studies of depegs 41:34 - Explaining the USDC depeg in March 2023 46:14 - What are red flags to avoid in any stablecoin? 53:30 - What’s next for the Pharos platform? 1:07:24 - Closing ------ GUEST LINKS ► Pharos website: https://pharos.watch/ ► Pharos on X: https://x.com/pharoswatch ► TokenBrice on X: https://x.com/TokenBrice ► Ike on X: https://x.com/Ikebillion_ ------ ️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER ► Newsletter: https://the-edge.xyz ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.






