Liquid Pylon Vault — when lossless investment meets auto-compound

Spectrum Protocol
2 min readDec 20, 2021


Pylon is protocol providing lossless investment and early investor benefits in exchange of locking your investment for a period of time. In addition to fixed period lockup, Pylon just launched a new type of pool called Liquid Pylon pool, where your investment will be tokenized so that you can exit your investment early.

Introducing Liquid Pylon Vault — the first single staking product from Spectrum

Users can deposit $bDP tokens to Spectrum, and every hour Spectrum will collect rewards to buy more $bDP tokens for compounding. Other than maximizing your earning, this will also have following benefits:

  • Since Spectrum keeps buying $bDP tokens from the pool, this will make $bDP token price come closer to principal ($1). Providing the opportunity for investors to exit more easily with lower premium.
  • As there is less friction to investment, or there is even the chance for arbitragers to deposit to Pylon and exit via Terraswap. This will make Liquid Pylon pools more attractive and result in more investment to the pool and eventually more funding to the protocol.

Liquid Pylon Vault for Nexus Protocol

The first Liquid Pylon Vault on Spectrum Protocol will be for Nexus Protocol. Users can deposit $bPsiDP-24m tokens obtained from Pylon Gateway or UST directly into the vault (Spectrum will automatically convert UST to $bPsiDP-24m tokens for you).

User can then choose auto-compound strategy where earned $Psi rewards will be compounded back to the pool or auto-stake strategy where $Psi rewards will be staked in Nexus Gov to earn gov staking rewards or mixed between two strategies.

One $bPsiDP-24m token can be redeemed back to one UST after vesting period of 24 months (until October 2023) at Pylon Gateway or swap to $Psi anytime at Terraswap.

Vault user interface, and a sneak peek of new webapp UI

This is a lossless investment with a very high yield, as of now, it is equivalent to UST deposit with an interest rate of 114.13% APY. With this single staking liquid pylon vault, Spectrum Protocol helps maximizing your investment while providing positive impacts to the ecosystem.


Now, stake your SPEC and vote at