I did not open @strato_net to buy gold.
I opened it to see if gold can actually do something here, without selling it.
First check, the metal
GOLDST is 1 troy oz of gold, SILVST is 1 troy oz of silver. There is even a section to deposit physical gold and silver for them.
Second check, the money side
Earn on USDST shows 8.7% APY today, but that rate can change. On Send, the fee I saw was 0.01 USDST.
Third check, the app itself
Fund lets you come in from Ethereum, Base, Linea, Robinhood, or HyperEVM. Explore lists 20 tokens. I also looked at V3 Liquidity and Rewards, I did not deposit anything.
$STRATO has a max supply of 100M, with 55.2% for the community. The team has been building Ethereum infra since 2014.
So, is this gold you hold, or gold you use?
https://t.co/qIH1IvDlJO
I was scrolling and saw the newest post from @turtledotxyz .
Turtle is now diving into the basis trade behind @PikuFinance and @MoriniCapital .
So here is what it actually is.
A regulated Turkish fund runs a delta neutral basis trade on Borsa Istanbul equities. You deposit USDC on Ethereum and hold a share of that strategy, paid in dollars.
The idea is simple. The return comes from the trade itself, not from crypto going up.
The vault has been positive every month since launch.
TVL is around $26M today, with a peak near $35M. More than $3.5M has gone back to depositors since August 2026.
Piku charges a 10 percent performance fee. No management fee and no lockup. Redemptions settle within 48 hours.
What I find interesting is the boring part. A regulated fund, attested backing, dollars in and dollars out. That is the part crypto usually skips.
We're diving deep into the basis trade behind @PikuFinance and @MoriniCapital's vault on Turtle.
A delta-neutral strategy inside a regulated Turkish fund. We break down the yield source, base vs PIKU incentives, and the attested backing.
Read more: https://t.co/t9BZcR15CF
I did not open @strato_net to buy gold.
I opened it to see if gold can actually do something here, without selling it.
First check, the metal
GOLDST is 1 troy oz of gold, SILVST is 1 troy oz of silver. There is even a section to deposit physical gold and silver for them.
Second check, the money side
Earn on USDST shows 8.7% APY today, but that rate can change. On Send, the fee I saw was 0.01 USDST.
Third check, the app itself
Fund lets you come in from Ethereum, Base, Linea, Robinhood, or HyperEVM. Explore lists 20 tokens. I also looked at V3 Liquidity and Rewards, I did not deposit anything.
$STRATO has a max supply of 100M, with 55.2% for the community. The team has been building Ethereum infra since 2014.
So, is this gold you hold, or gold you use?
https://t.co/qIH1IvDlJO