Apyx Delays APYX Token TGE, Season 2 Airdrop Share Increases from 6% to 9%

September 23: The dollar stablecoin protocol Apyx announced in a post that the APYX token generation event (TGE), originally scheduled for October 13, will be postponed, with the specific new date not yet announced. The project team said it wants to use the extra time to strengthen the core protocol and, on that basis, expand Apyx into a more complete RWA ecosystem.

Apyx said that STRC recently experienced its longest-lasting and largest drawdown since issuance. Although the protocol's operation was unaffected, it exposed the issue that digital credit assets are more volatile than previously expected, requiring further improvement in risk management. In addition, multiple traditional financial institutions have proactively approached the team, hoping to bring other real-world assets (RWA) on-chain through Apyx's infrastructure, prompting the team to reassess the project's development direction.

In the future, apxUSD and apyUSD will be further optimized, including reducing the transmission of underlying asset volatility to holders, improving risk-adjusted returns, and expanding to more chains and application scenarios. At the same time, Apyx plans to extend custody, proof of assets, on-chain NAV, redemption mechanisms, and compliance infrastructure to more RWA assets.

The Apyx Pips Campaign will continue to run. Season 2 will not end on October 11 as originally planned, and point accumulation will remain uninterrupted. Due to the extended campaign period, the Season 2 airdrop allocation ratio will increase from 6% to 9%, and the new end date will be announced together with the TGE date. The Season 1 and Season 2 allocations will both remain fully unlocked at TGE.