Ep. 634 Mitchell Nicholson | Understanding Liquid Yield Tokens with Sierra
Description
For episode 634 of the BlockHash Podcast, host Brandon Zemp is joined by Mitchell Nicholson, Core Contributor to the Sierra Protocol.
Sierra Protocol is the issuer of SIERRA, a liquid yield token (LYT) that offers the best risk-adjusted yield in a freely tradeable ERC20 token on Ethereum and Avalanche. SIERRA enables holders to earn passively accrue 6-12% APY compounded daily and does not require staking or claiming, holding periods or lockups, paying hidden fees or providing KYC. SIERRA will be going live in October followed by several exciting partnerships that offer additional yield and utility. Its reserves are managed by OpenTrade, an institutional-grade market leader offering stablecoin yield products and is backed by a16z, Circle, Mercury, Notion and other leading VC firms.
⏳ Timestamps:
(0:00 ) Introduction
(1:12 ) Who is Mitchell Nicholson?
(2:02 ) What is Sierra?
(2:44 ) What are Liquid Yield Tokens?
(9:56 ) Underlying yield sources
(12:56 ) Regulations & Compliance
(15:40 ) Sierra exchange listings
(17:30 ) Liquidity for Sierra
(20:13 ) Partnerships
(25:35 ) Prediction Markets
(30:05 ) Sierra Roadmap
(32:50 ) Sierra website & socials
🎙 Sierra Links:
🔗 Website: https://sierra.money
🔗 Docs: https://docs.sierra.money
🔗 X: https://x.com/sierraismoney
🔗 Telegram: https://t.me/sierrayield
📢 Disclaimer:
None of our content constitutes, nor is intended to act as financial advice. It’s important to always do your own research and due diligence before making any investment decision. Digital Assets and Cryptocurrencies are highly volatile and carry a considerable amount of risk.
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