We've been quiet. Here's why.
We're building a new vault: delta-hedged BTC weekly straddles.
Why it matters: most crypto returns depend on price going somewhere. This strategy earns from something else, which is the gap between the volatility options price in and the volatility BTC actually delivers. That means it can work in choppy, sideways markets where directional strategies struggle.
Vol selling is a staple on TradFi desks, but in crypto it has mostly stayed with traders who can run options books and rebalance hedges every week. We want to package it in a vault, with the hedge visible on-chain.
The honest part: it earns most weeks and loses when BTC moves hard.
Small pilot first. We'll post every Friday expiry, good weeks and bad.
@midascabal I think it’s important to distinguish between nuclear fission and nuclear fussion, cause one is the energy tech of the present while the other is energy tech of the future!
@0xDeployer Well, it was the most obvious scenario, played out even worse than solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN and solana:FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P, well now as this slowly goes to zero, we can forget about this garbage and focus on quality projects!
@NickPlaysCrypto@BaseStonk I am very surprised that it's still so undervalued! Considering it's RH and Sol counterparts are doing so well.
More buying opportunity for us at these levels!
@goon_crypto@receiptfamily Yeah man, it's awesome, really, and kinda shows the true potential of the trenches. I have a feeling some of these experiments will evolve and get adopted by bigger players eventually!
Another day, another MemeFi experiment on Robinhood: @receiptfamily $RECEIPT
Scan a receipt, get tokenized stock in the company you just bought from.
Buy an iPhone, get $AAPL. A Costco run pays you in $COST.
→ Camera only, no uploads, no screenshots
→ AI reads the merchant, matches it to the ticker
→ 3% back on the free tier, no token needed, $20 cap per receipt
→ hold 100k $RECEIPT and the cap lifts to $100
→ funded by trading fees on the token, buying real shares via a licensed issuer
Worth noting that the brands aren't involved, they don't fund it, and they don't know
but the idea underneath is really cool and interesting within the MemeFi narrative
Most people spend a lifetime funding companies they own none of. This turns a habit that already exists into ownership, no budgeting, no brokerage, no financial literacy course.
The free tier is the whole point, no minimum, no balance, 3% back. An on-ramp for people who will never buy a token on purpose.
Which can turn into another novel onboarding funnel for web3!
honest risk: the rewards are funded by speculation, so the cashback lasts exactly as long as the trading volume does. and delivery is still early.
But if it works, retailers build their own version, that's what the experimentation does. It invites people to think outside of the box!