Yield farming vs traditional savings accounts: what is the difference? | EP3

Description: in this episode, we will explore the different methods that one can earn interest on his idle dollars, and how tradfi is different from defi in its services. Why are defi yields sometimes above 10%, when the general money markets are only 3.5%? What is the extra risk when participating in defi yield farming, and why are the rates generally variable instead of fixed?Join us for an exciting episode featuring Tyler Carter from Splyce and Akash Gaurav from AlpendGuest 1: Tyler Carter is Co-Founder and Head of Strategy at Splyce, leading institutional business development, partnerships, and the protocol's go-to-market across Stellar, Solana, and Sui. He previously ran Digital Assets at S&P Indices, where he built the benchmarking infrastructure behind the first generation of institutional crypto products and launched the first quantitative Crypto ETFs and first tokenized Indexes. After that, he was Head of Digital Assets at Securrency, the institutional tokenization company acquired by DTCC, working with global banks and asset managers on the first wave of tokenized fund structures. - Company Blurb: Splyce is an onchain credit platform offering fixed-rate, fixed-term institutional lending. The product suite pairs borrower-branded isolated lending markets (SAVs) with splyceUSDC, a yield-bearing liquidity layer that routes capital across curated RWA and institutional credit strategies.Splyce delivers predictable cost of capital to institutional borrowers and real-world credit yield to onchain lenders, across a vertically integrated stack from origination to curation to distribution.Guest 2: Akash Gaurav: Started in crypto in 2014 with Bitcoin arbitrage trading, operating across early fragmented markets. Went on to build and exit an enterprise blockchain company in 2019. Since then, Akash has been focused on DeFi — working closely with European crypto banks on treasury and portfolio management, with a strong emphasis on capital efficiency and risk. Most recently, he co-founded Alpend.- Company Blurb: Alpend is a privacy-preserving money market built on the Canton Network. It enables lending and borrowing without exposing user positions to the market. The protocol is designed around deterministic execution and controlled information flow, addressing the core issue in DeFi credit markets where public visibility creates an attack surface. Alpend is focused on building infrastructure that makes on-chain credit usable for institutional-scale capital.在本期节目中，我们将探讨赚取闲置资金利息的不同方法，以及传统金融（TradFi）与去中心化金融（DeFi）在服务上的差异。 为什么当普通货币市场利率仅为 3.5% 时，DeFi 的收益率有时却能超过 10%？ 参与 DeFi 流动性挖矿（Yield Farming）有哪些额外风险？ 为什么这些利率通常是浮动的而非固定的？欢迎加入我们这一期精彩播客，本期嘉宾包括来自 Splyce 的 Tyler Carter 和来自 Alpend 的 Akash Gaurav。嘉宾 1：Tyler CarterTyler Carter 是 Splyce 的联合创始人兼战略负责人，负责机构业务开发、合作伙伴关系，以及协议在 Stellar、Solana 和 Sui 上的进入市场策略。 他此前曾在标普指数（S&P Indices）掌管数字资产部门，在那里他构建了第一代机构加密产品背后的基准测试基础设施，并推出了首批定量加密 ETF 和首个代币化指数。 此后，他担任了 Securrency（一家被 DTCC 收购的机构代币化公司）的数字资产负责人，与全球银行及资产管理公司合作开发了第一波代币化基金结构。公司简介：Splyce 是一个链上信用平台，提供固定利率、固定期限的机构贷款。 其产品套件将借款人品牌的隔离信贷市场（SAVs）与 splyceUSDC 相结合，后者是一个收益型流动性层，可将资金路由至精选的真实世界资产（RWA）和机构信用策略中。 Splyce 通过从发起、策展到分发的垂直整合架构，为机构借款人提供可预测的资金成本，并为链上贷方提供真实世界的信用收益。嘉宾 2：Akash GauravAkash Gaurav 于 2014 年通过比特币套利交易进入加密领域，在早期的碎片化市场中运营。 他随后建立并于 2019 年退出了一家企业区块链公司。 自那时起，Akash 一直专注于 DeFi 领域——与欧洲加密银行在国库和投资组合管理方面紧密合作，重点关注资本效率和风险。 最近，他联合创立了 Alpend。公司简介：Alpend 是一个构建在 Canton 网络上的隐私保护货币市场。 它支持在不向市场公开用户仓位的情况下进行借贷。 该协议围绕确定性执行和受控信息流设计，解决了 DeFi 信贷市场中因公开可见性而产生攻击面的核心问题。 Alpend 致力于构建让链上信贷能够承载机构级规模资金的基础设施。