Pendle Finance Report

by Matthew Harcourt September 14, 2021

Apollo Capital has always sought to provide transparent, clear information about the wonderful world of crypto assets. In this 24 page report, we analyse Pendle Finance and the respective sectors of DeFi the project sits under; Yield Tokenisation and Fixed Rates. Pendle Finance leverages the composable nature of DeFi to allow users to trade and receive fixed […]

DeFi Total Value Locked Boom

by Matthew Harcourt September 7, 2021

Over the past few months the crypto asset market has witnessed considerable Total Value Locked (TVL) growth across multiple blockchains. While Ethereum is still the leading DeFi ecosystem by a considerable margin, Layer 1 blockchains such as Binance Smart Chain, Polygon, Solana and Terra have been gaining market share. Smaller investors are continually opting out […]

The Era Of The DAO

by Matthew Harcourt July 20, 2021

Decentralised Autonomous Organisations An exciting phenomenon in the crypto world that is currently accelerating is the transition from a central hierarchical structured entity (Web2.0) to a decentralised and flat structured entity (Web3.0). This business structure created as a result is called a Decentralised Autonomous Organizations (DAO). Although DAOs are yet to fully mature (as are […]

Investment Highlight: Automata

by Matthew Harcourt June 22, 2021

We would like to thank Deli Gong (Co-Founder ) & Sam Koh (PR & Marketing) from Automata Network for their feedback and contribution to this article. A key talking point in the Ethereum ecosystem is the concept and problem of miner extractable value (MEV). MEV is a relatively new and understudied phenomenon where miners and […]

Bitcoin Hash Rate Drop

by Matthew Harcourt June 21, 2021

For the past month and a half, the Bitcoin hash rate has been dropping at an alarming rate as Chinese miners have been forced to shut down operations following a government crackdown. It is widely known that the Chinese government has always had a negative view on crypto trading but the recent focus on mining […]

Our View on Recent Volatility

by Matthew Harcourt May 25, 2021

Over the past two weeks there has been immense volatility in the crypto markets with Bitcoin and Ethereum correcting -50% and -61% peak-to-trough respectively since the 10th of May. While long term crypto asset investors are no strangers to major corrections, this market wide sell off was particularly brutal. In this article we will outline […]

DeFi Assets: Equity For The Decentralised World

by Matthew Harcourt April 13, 2021

In the early days of crypto assets it was extremely hard to find genuine economic value being created outside of Bitcoin. Many of the earliest crypto assets were either meme’s (DOGE) or variations of Bitcoin (Litecoin) with different experimental use cases. The launch of Ethereum in 2015 has enabled crypto assets to have greater utility […]

Three Pillars of Blockchain Value

by Matthew Harcourt March 2, 2021

We are 12 years into the crypto revolution that was kicked off by Bitcoin in 2009. It is clear that the technology driving this revolution has found market fit in mainly three different categories; as a censorship resistant store-of-value, in Non-Fungible Tokens and in Decentralised Finance. The main value proposition for ‘store-of-value’ and non- fungible […]

Investment Highlight: Yearn Finance

by Matthew Harcourt December 1, 2020

Nothing quite sums up the open, permissionless and fast paced nature of DeFi like Yearn Finance. In February 2020, Andre Cronje created Yearn Finance to automate the yield farming strategy that he was performing manually on behalf of his family and close friends. This trading strategy was simply moving his USD stablecoins between the various […]