# Aegis at $0TVL Hour: Yield-Bearing Stablecoins with BTC Basis and JLP Hedge Strategies

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2026-04-09
- Duration: 12:58
- Watch: https://streameth.org/watch/yt-3-BGAXXE1pc
- YouTube: https://www.youtube.com/watch?v=3-BGAXXE1pc

## Description

Ermin, CEO of Aegis, presents an institutional-grade yield-bearing stablecoin designed for DeFi compatibility.

The pitch covers Aegis’ two core products: a BTC-backed stablecoin using a delta-neutral basis trade, and a JLP hedge strategy designed to generate yield without leverage. Ermin also explains how Aegis approaches risk management, offchain operational security, and exchange counterparty exposure.