What. A. Week.

Let's recap. πŸ§΅πŸ‘‡
1/ Stake DAO hit a 4-bagger β€” $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 πŸ‘πŸ‘

May the bags be bountiful, C5F167πŸ’°

3/ A bunch of Herd legends crushed it in the first installment of #Jointheherd

4/ Our Covered Calls rode out the storm admirably β€” even with the bulls coming out in storm, our ETH Covered Call Strategy came out swinging at 32% APY, while our BTC Covered Call broke even

5/ Stake DAO NFTs. Yield. Art. Assets. What are they all about? Acquaint yourself here πŸ‘‡

β€’ β€’ β€’

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More from @StakeDAOHQ

8 Oct
Our $ETH Covered Call brought all the bulls to the yardπŸ‚

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

βœ… Ξther $ETH Out-of-the-money
❌Bitcoin $BTC In-the-money (~broke even) Image
$ETH

βœ… Expiry was $76 below strike price
πŸ“ˆ Performance from option-selling: +0.62% (32.24% APY)
πŸ”₯ Total APY including working collateral: 33.97% APY
$BTC

❌ Expiry was $786 above strike price
πŸ’ͺWorking collateral at 12.7%APY helped the vault almost break evenΒ  πŸ”₯
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