$MOBE is officially live.
CA: 0xd96bfa490e7ac3d72bf4b2c5749fde47a1a16812
12 vaults live on Robinhood Chain. TSLA, NVDA and SPY, call and put, weekly and daily.
Deposit a Robinhood Stock Token, the vault writes the option and pays you in USDG the day it sells.
$MOBE has one job: own the premium stream. Stake it and receive the 10% protocol fee on every premium plus the Pons creator fee, both in USDG. No emissions.
https://t.co/KnGwbIIlmd
Twelve answers, one glance.
Every vault under the same settings, with its mini chart and four numbers: where the vault ended, where holding ended, premium collected, share of epochs assigned. Click one to load it.
The grid is the fastest way to see which stock and cadence suits your temperament.
https://t.co/deUlchXrgs
One sigma, about one in six.
Across the twelve vaults replayed at one sigma, options were assigned in 12% to 18% of epochs. That is what one standard deviation means in practice: most epochs expire worthless, roughly one in six does not.
The keeper's default, checked against five years.
https://t.co/deUlchXrgs
Worst drawdown, both lines.
NVDA weekly call vault, five years: the vault's worst peak-to-trough was 53%. Holding the stock: 63%. Premium softened the fall; the cap removed most of the rise.
The Lab shows both numbers for every setup, because the drawdown is the part people forget to ask about.
https://t.co/deUlchXZ60
We built the tool that argues against us.
A backtester that shows holding NVDA beat every vault for five years is not a sales page. It is the thing we would want before depositing anywhere.
If the Lab talks you out of a vault, it did its job. If it talks you into one, you know exactly what you are buying.
https://t.co/deUlchXZ60
What the Lab assumes.
Premium at Black-Scholes fair value on 20-day realised volatility, times the fill ratio, minus the 10% fee. Premium paid in cash and never reinvested. Payout (S − K) / S in tokens for calls, K − S in cash for puts, like the contract.
Listed options usually trade above realised vol, so the model errs low.
https://t.co/deUlchXrgs
A setup is a link.
Every parameter lives in the URL: stock, side, cadence, sigma or percent, fill. Press copy, paste it in a reply, and the other person opens exactly your chart.
Disagreements about covered calls can now be settled with a URL instead of a thread.
https://t.co/deUlchXrgs
Cash-settled puts miss the rebound.
A put vault pays K − S in cash when the stock closes below the strike, then writes again with less collateral. It never holds the stock, so it never rides the recovery.
SPY weekly put, five years: 24% premium, vault 78 against cash 100. The honest shape of selling puts for cash, not for stock.
https://t.co/4pIoqHf5vC
Further out, fewer assignments, less premium.
Move the strike from one sigma to two and watch assignments fall and premium thin out. Move it to half a sigma and both climb. There is no free setting, only a trade.
The keeper runs about one sigma. The Lab lets you argue with it.
https://t.co/deUlchXZ60
The slider that is really the market.
Auction fill is where the Dutch auction clears against Black-Scholes fair value. We default to 0.8×, below fair, on purpose. Drag it to 1.0× and every line lifts; drag it to 0.5× and they sink.
That slider is the one thing no backtest can know: what buyers will actually pay.
https://t.co/deUlchXrgs
Read the green line.
In every Lab chart the green line is premium alone: cash that landed and stayed, never reinvested, never at risk. Between 24% and 109% of the starting deposit over five years across the twelve setups at one sigma, with a conservative model premium.
The orange line is what the tokens did.
https://t.co/deUlchXZ60
The whipsaw.
TSLA fell by more than half, then recovered. A weekly call vault was called away on the rebounds and gave up tokens on the way back up: vault 46, holding 90 at the end, despite 37% in cash premium.
Covered calls hurt most in V-shaped markets. The Lab lets you see that before it happens to you.
https://t.co/1XawtyCRWb
SPY, five years: closer.
SPY weekly call vault at one sigma: vault 136, holding 165, 29% of the start value in cash premium, assigned 18% of weeks.
A calmer stock gives up less upside and keeps more of the premium. Replayed on real closes with a model premium; not a forecast.
https://t.co/Jtaq7ypcl4
NVDA, five years: holding won.
One NVDA token in a weekly call vault, one sigma out, from November 2021: the vault ends at 275, holding ends at 861. 109% of the start value arrived as cash premium, and 17% of weeks were called away during the biggest run in the index.
Model premium, past prices. The Lab shows it anyway.
https://t.co/nC3Z0TbiMa
Three sliders, one chart.
Pick the stock, the side and the cadence. Slide the strike distance in sigma, or set a fixed percent. Slide where the auction fills against fair value.
The chart redraws instantly: vault, holding, premium alone. Every change is already in the URL.
https://t.co/deUlchXrgs
The audit in two minutes.
Ten findings. Two medium, both fixed before deployment: settlement print choice and first-depositor inflation. Five low and two informational, accepted and explained one by one. Zero critical, zero high.
The full write-up, with what was checked and found sound, is on the site.
https://t.co/AhKGzzsm1J
Found something? Tell us first.
If you find a bug in the contracts or the site, reach us on Telegram or X before posting the details. We will confirm, fix, and credit you on the changelog and the audit page.
Responsible disclosure is how small protocols stay standing.
https://t.co/vFTaLhU0Qa
Put the settlements in your calendar.
One click on the Calendar page downloads an .ics with every roll window, weekly and daily expiry and every open epoch's real expiry, four weeks ahead. Google, Apple, Outlook.
Then you never have to remember when Friday 19:00 UTC is in your time zone.
https://t.co/EobqJV6d7s
What we are still figuring out.
How much premium buyers will pay week after week. Whether daily vaults find enough buyers at 30-minute auctions. When staking opens. Which stock comes fourth.
We publish the answers as they arrive, on the history page and the changelog. Not before.
https://t.co/0ikYnh5ICR
Deposit a stock token, get paid premium in USDG while it sits there.
Weekly or daily. Settled by Chainlink. Fully collateralised. Capped upside, that is the trade.
Everything else on the site is detail.
https://t.co/WBL7PKetVn