Brix
MegaMafia 2.0
Emerging capital markets - Tokenized, yield-bearing stablecoins from emerging market currencies. Access lucrative high-yield opportunities across DeFi that were previously inaccessible on-chain.
The Opportunity
Many non-USD currencies offer high yields relative to inflation, but accessing them is difficult. Brix brings these emerging market currencies on-chain and transforms them into yield-bearing stablecoins.
First Product: Turkish Lira Stablecoin
Currently yielding ~40% in Lira terms
15-20% vs USD after accounting for currency depreciation
Opens access to yields unavailable in traditional DeFi
DeFi Integration
Brix introduces high emerging-market yields into DeFi primitives:
Looping strategies for amplified returns
Leverage opportunities on high-yield assets
Pendle yield derivatives and structured products
Tokens and incentives for participants
The Risk-Reward Profile
The catch: FX rates and yields are volatile and risky. Emerging markets offer asymmetric returns but require risk tolerance. For those who see the opportunity and want exposure to high-yield currencies previously locked behind geographic barriers, Brix provides on-chain access.
Risk it to get the biscuit.
Building the future of FX on-chain, brick by brick.
Resources & Further Reading
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