Saturn Protocol Zealy Sprint is now live.
Jump in, complete quests, stack points, and help power the Saturn community. ๐
Go participate now and start earning.
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Today we're talking Vault Points!
Introducing Vault Points (VP) & how they work.
VP measures your participation in Saturn before mainnet. You earn them through signup, on-chain activity, and referrals.
Tiers:
Bronze: 0โ499 VP
Silver: 500โ1,999 VP
Gold: 2,000โ4,999 VP
Diamond: 5,000+ VP
Silver and above receive a Soulbound Founding Depositor NFT โ a non-transferable on-chain record of your early participation.
Points may be considered in future protocol governance participation opportunities.
Tech-Tuesday
Pyth oracle settlement, explained:
At the end of each epoch, the option's outcome (ITM or OTM) is determined by a Pyth Network price feed โ not by us, not by the market maker.
The settlement is verifiable on-chain. Anyone can check it. No trusted third party.
What's up this week:
Wiring up the API event-sourcing layer ๐
Every vault action โ deposits, withdrawals, auction bids, settlements โ will be indexed and queryable. Foundation for the analytics dashboard and public epoch history page.
1] Why self-operated market making matters.
Most options vaults outsource the other side of the trade to external market makers. The vault writes options, then hopes someone shows up to bid.
3] Saturn runs its own pricing engine and MM bot. We're always on the other side of the auction.
That means quotes are competitive, auctions clear, and the vault actually generates the premium it's supposed to.
It's the difference between a theoretical yield and a real one.
Admin walking in to tweet again because ๐ซต you ๐ซตdid not follow us despite knowing how kickass our product is going to be.
Go do it now, hit the button
Go.
1] How Saturn's epoch cycle works โ a quick walkthrough.
An "epoch" is roughly one week. Every epoch follows the same loop: Deposit โ Write โ Auction โ Settle
4] SETTLE: At expiry, a Pyth oracle price feed determines the outcome.
OTM? Vault keeps SOL + premium. ITM? Strike portion is paid; the vault keeps the premium and the remainder.
Then the cycle resets. No user action required between deposit and withdrawal.
Saturn Monday Motivation:
Test features > Ship > Gather feedback > Iterate & improve.
Repeat every day.make products stronger, sharper, and more
For any product, on any planet, continuous testing, iteration, and user feedback are what make products stronger, sharper, and successful.
Friday Wisdom Alert ๐
You don't need to understand Greeks to earn options yield.
Deposit SOL.
The vault handles strike selection, auction execution, and settlement.
You collect your share of the premium.
That's it ๐