@Gidi_Segal not a fork.
First vault might look similar and we both use Opyn as option layer. But we are going on a different direction from Ribbon and we are working on our own protocol.
@Gidi_Segal Currently main differences are:
- fees reinvested in vault for higher yield
- 92% of total funds invested in strategy
- 0.4% withdraw fee
We are also working on building different strategies not available at Ribbon
@fontis_finance covered calls strategy performance in the first month ⛲️:
1.13% cumulative yield on $ETH (~15.74% APY)
Name a #DeFi protocol that outperformed Fontis on $ETH yield in this 🦀 market
@m0xt_ We still need to sell the next call option.
We have a commitment period for depositor to withdraw if don't like the option. Trade will happen in approximately 11 hours.
The weekly yield figure is based on last week premium + fees collected.
Theta-gang covered call option expired OTM.
- Vault Weekly Yield: 0.18% ⛲️
- Next option for the covered call strategy will be oWETH-02JUL21-2400C
Deposit now for the next weekly yield on $ETH 👉 https://t.co/D3rHPCfDjx
#DeFi#Ethereum
🐻 Bear market got you down?
Selling Covered Calls is a strategy that succeeds in a bear market.
Current projected yield for $ETH theta-gang vault is 6.78% APY.
👉 https://t.co/D3rHPCfDjx
#Ethereum#DeFi
Genesis vault will start in less than 18 hours!
The first selling call covered strategy is:
oWETH-25JUN21-3000C
The commitment period started. In the next 18 hours all the deposited funds can be withdrawn paying only the withdraw fee.
👉 https://t.co/D3rHPCfDjx
Theta-gang vault genesis will happen on Friday (less than 38 hours ⏳)
The vault will sell covered call #ETH options with strike @ 1.3x spot as voted in the community survey.
⛲️ Deposit now to be part of the genesis vault: https://t.co/D3rHPCfDjx
BUIDLing on Opyn is a party🎉
• https://t.co/XCJtAsCa3M liquidity mining program is live
• https://t.co/PcK5EIgrC0 added strikes for no-liquidation loans
• https://t.co/a1pHVUIU2V launched perpetual vault
• https://t.co/8bPcJPIBbp launching social trading vault June 18