our thesis at covr: options income should feel less like a trading terminal and more like a wallet action.
choose a price you’d sell at. get paid for meaning it. built on @solana
read ↓ https://t.co/SfyHY35mRl
your limit buy order has been working for free.
now it pays you upfront.
buy orders are live on covr: pick a price you'd buy jitosol at, lock usdc, get paid now. you keep the payment either way.
private beta on solana mainnet.
how it works: if jitosol ends below your buy price, you buy it at your price, which can be above the market price at that moment. if it doesn't, your usdc unlocks. the upfront payment stays yours in both cases. sizes are capped while the beta runs.
image credits, in order of appearance
film still: The Lord of the Rings (New Line Cinema)
Tutankhamun mask: Thomas Clouet (CC BY 4.0); Dawid Wdowczyk (CC BY 4.0)
Lydian coins: brewbooks (CC BY-SA 2.0); Ismoon (CC BY-SA 4.0); ArchaiOptix (CC BY-SA 4.0)
Spillings hoard: W.carter (CC BY-SA 4.0)
Cuerdale hoard, British Museum: multiple authors (CC BY-SA 3.0)
Action Comics #1: Gary Dunaier (CC BY-SA 4.0)
Rolex Daytona: Matt C (CC BY 2.0); WALLI1912 (CC BY-SA 3.0); Shuntfield (CC BY-SA 4.0)
Cabbage Patch Kids: rawpixel (CC0)
Air Jordan 1: HI 622 (CC BY-SA 4.0)
Furby: osde8info (CC BY-SA 2.0); Flickr user 39096030@N00 (CC BY 2.0)
Beanie Babies: Dominique Godbout (CC BY 2.0); Counselman Collection (CC BY-SA 2.0); gabohalili (CC BY 2.0); Kid's Birthday Parties (CC BY 2.0); daryl_mitchell (CC BY-SA 2.0)
https://t.co/ADqZBwuX9m sock puppet: Atomic Taco (CC BY-SA 2.0)
2008: Brendel (CC BY-SA 3.0); David Shankbone (CC BY-SA 3.0)
bitcoin pizza: laszlo on https://t.co/3zohSkxeiS, photos by Laszlo Hanyecz (2010)
"I AM HODLING": GameKyuubi on https://t.co/3zohSkxeiS (2013)
Satoshi statue: StellarDancingDuck (CC BY-SA 4.0)
Dogecoin: Cyril Ernst (CC BY-SA 4.0); raisin_raisin (CC BY 2.0)
Labubu: Sandor Somkuti (CC BY-SA 4.0); 中国新闻社 (CC BY 4.0); Thelabubucollector (CC BY 4.0)
BTC price chart: drawn from CoinGecko data
all other images public domain, via Wikimedia Commons
4,000 years of holding bags. never paid for it.
covr pays you upfront for naming the price you'd sell at. crypto & stocks.
private beta on solana mainnet. waitlist live: https://t.co/yLeS59KNlX
build update: puts are in the oven 🧑🍳
same idea as covr's sell orders, flipped. pick a price you'd happily buy at, get paid upfront while you wait.
more soon.
1812: breaking a machine gets you the death penalty.
1930: keynes calls it "a new disease."
1962: jfk says automation is replacing men.
every time, we knew exactly what it would take.
nobody knew what it would make.
name one job ai will make 👇
daily early projects ◼️
@usecowboy – app store for AI agents from ex-Uniswap / Snap leaders. agents run sandboxed, creators get paid; Cowboy Chain testnet live
↳ $5M seed · Nov 4 · acct 9mo
@fablesfi – market-aware ve(3,3) DEX on Uniswap v4, live on Robinhood Chain. 2nd in the RH Chain track at Arbitrum Founder House SG
↳ $30K prize · Nov 2 · token live
@covrdotfun – pick a price and a date, get upfront yield: covered calls + cash-secured puts on Solana. Adevar preaudit winner
↳ preaudit grant · Oct 27 · waitlist
@Stature_finance – onchain stocks for everyone on Solana. won 1st in the Colosseum × Superteam TH AI side track, then shipped MM support
↳ 🥇 side track · ~Oct 30 · acct 2mo
@BranchpointXYZ – split any asset into one version per outcome, then trade and lend inside each branch. priced worlds, not bets
↳ testnet · Oct 23 · closed beta
@unlloo_protocol – uncollateralized USDC/USDT/DAI loans: lenders bid under a max APR, onchain reputation decides who gets credit
↳ mainnet · Oct 21 · ~16d soft edge
@tawffoundation – tokenizes sharia rural bank yields in Indonesia, with ZK proofs of where the funds sit. Arbitrum Founder House pick
↳ promising products 🥉 · Nov 2
@velloagents – AI clipper that cuts long videos into shorts, posts them everywhere and pays creators in USDC on Solana
↳ Superteam MY 🥈 · Oct 21 · ~16d soft edge
verify before you ape.
few quick updates
- cash-secured puts release coming soon on the same capped private mainnet beta
- telegram group link restored
- limit spots join early
we will lift limits more on cc and csp as we go
here's your daily reminder that with @covrdotfun you can make 9-21% yield on your sol holdings if you use jitosol
upfront yield 4.7-16% paid the moment you lock your price
staking yield keep accruing
imagine this, for every crypto & stock