POPA ReconinfiniFi (#id782848)
infiniFi (#id782848) # STRC Position: Update and Resolution ## Executive Summary No depositor will take a loss on this position. Not senior, not junior. We have structured a credit line with a prime broker that backfills any shortfall from exiting STRC, regardless of where the price goes or when we exit. The position will be removed from the protocol vaults in the near future. ## What happened 1. We entered the position based on a specific understanding of reserve capacity. On May 21st, 2026, the protocol acquired $12.5M of APYX Pendle PTs. That allocation was made based on our understand…
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