Wowza! Herd you had had a ton of enthusiasm last week, let's recap with a thread ๐Ÿ‘‡
1/ After the success of the ETH Covered Call Strategy, you know we had to double down with a Bitcoin one!

Last week we launched the BTC Covered Call Strategy, currently yielding 32% APR ๐Ÿš€๐Ÿš€๐Ÿš€

2/ If you hold stETH, you won't wanna miss this one. We launched the Passive stETH Strategy for passive yield on top of Lido Staked Ether! A stake for your stake, if you will. ๐Ÿ˜

3/ Another week in the green for our ETH Covered Call Strategy! The strategy hasn't had a drawdown week yet, and is currently yielding ~32% APR ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ

4/ Stake DAO contributor @bneiluj spoke on a panel at Messari #Mainnet NYC, covering "Finding Venture-scale Returns in NFTs" + we hosted a happy hour with @perpprotocol and other goats!

5/ Curious to know how our Covered Call strategies yield over 30% on BTC and ETH?

Explainer thread on that and options here ๐Ÿ‘‡

โ€ข โ€ข โ€ข

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More from @StakeDAOHQ

12 Nov
๐Ÿง™โ€โ™‚๏ธTeach Your Money New Tricks - Threads to level-up your DeFi game with Stake DAO ๐Ÿ˜๐Ÿ‘€

ETH Covered Call strategy: How to bag 40%+ yield on ETH with Stake DAO

#TYMNT ๐Ÿงตโฌ‡๏ธ Image
๐Ÿงต 1/4

๐ŸฆพActions Image

๐ŸฆพActionsโ€ฆ Image
Read 5 tweets
8 Nov
What's good Herd? Time for a weekly recap! ๐Ÿงต๐Ÿ‘‡
1/ Hit the cap of 2200 ETH on ETH Covered Call, so we raised it to 3000!

2/ Options strats had another stellar week

Read 7 tweets
1 Nov
What's good Herd? Time for a weekly recap! ๐Ÿงต๐Ÿ‘‡
2/ Launched the 2nd season of our Referral Competition ๐Ÿ˜๐Ÿ˜๐Ÿ˜

Read 6 tweets
25 Oct
What's good Herd? Time for a weekly recap! ๐Ÿงต๐Ÿ‘‡
1/ Announced a $3m grant from Avalanche Rush โ€” AVAX incentives coming very soon on all Stake DAO strats on Avalanche!

2/ Our Q3 Progress Report is live! Lots of alpha ๐Ÿ‘‡

Read 9 tweets
11 Oct
What. A. Week.

Let's recap. ๐Ÿงต๐Ÿ‘‡
1/ Stake DAO hit a 4-bagger โ€” $400m across Strategies, LP Farming, and Staking, damn son.

Herd, you're what makes the Stake.
2/ Some fierce competition over our Unique Leviathian, in the end, the suitor settled for 27.5 ETH ๐Ÿ‘๐Ÿ‘

May the bags be bountiful, C5F167๐Ÿ’ฐ

Read 6 tweets
8 Oct
Our $ETH Covered Call brought all the bulls to the yard๐Ÿ‚

+ working collateral saved the day and helped the $BTC Covered Call to dodge their charge!

โœ… ฮžther $ETH Out-of-the-money
โŒBitcoin $BTC In-the-money (~broke even) Image

โœ… Expiry was $76 below strike price
๐Ÿ“ˆ Performance from option-selling: +0.62% (32.24% APY)
๐Ÿ”ฅ Total APY including working collateral: 33.97% APY

โŒ Expiry was $786 above strike price
๐Ÿ’ชWorking collateral at 12.7%APY helped the vault almost break evenย  ๐Ÿ”ฅ
Read 4 tweets

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