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Thetanuts Finance Launches Stronghold Vaults -Breaking


Thetanuts Finance Launches Stronghold Vaults
  • Thetanuts Finance announced today the opening of Thetanuts Stronghold, an index vault.
  • Thetanuts Stronghold lets users stake assets in DeFi Option Vaults.
  • Users’ staked assets are automatically deployed into specified covered selling option strategies through the use of smart contracts.

Thetanuts Finance today announced the introduction of Thetanuts Stronghold Index Vault. This new product reportedly provides non-inflationary returns opportunities, smart risk management and an incredibly simplified user experience. Thetanuts Finance, a DeFi platform with structured features that simplify options trading, is available.

Thetanuts Stronghold, according to their information, allows you to eliminate the risks associated with option strategies. You can stake your assets in DeFi Option Vaults. It performs a similar function to the S&P 500 in stock trading, representing customized option vault indexes created by Thetanuts researchers that aim to provide users with organic yield generated from option selling, benchmarked against major ecosystem tokens.

The team states that through the Thetanuts Stronghold protocol, users’ staked assets are automatically deployed into specified covered selling option strategies through the use of smart contracts.

Instead of the token inflation rewards found in other DeFi protocols, the base yield can be obtained by paying premiums.

According to reports, the yield-bearing token is able to generate superior returns from selling options along the curve while allowing users to take on a more risky profile. Each Stronghold strategy’s strike price and expiration are determined algorithmically to produce the highest risk-adjusted yield.

This protocol addresses problems such as liquidity lock and choice paralysis. Thetanuts Stronghold allows investors to make simpler investments and can withdraw liquidity any time they wish. Risk management is accomplished through diversification.

Stronghold indexes have vaults that are multi-strike and multi-tenor. This vault aggregate protects users against excessive vault drawdowns during bearish market conditions. The multi-strike, multiple-tenor strategy also protects against temporary market downturns through mean reversion.

Investors also benefit greatly from two significant updates to their user interface. All Thetanuts Stronghold products have been consolidated into a single, simplified panel, allowing users to easily discover assets to generate yield on, interact with the indexes they’re most suited to and understand which blockchain their assets are hosted on.

Meanwhile, yield generation becomes as simple as a swap — simply swap the underlying asset for Stronghold and vice versa with a single click, moving into and out of a position at any time.

Thetanuts Stronghold launched with USDC Stronghold and it is now live on Binance Smart Chain and with Polygon and Fantom and more chains coming soon. Thetanuts team says that the product will gain more traction with DeFi investors in the months ahead and they plan to launch further Stronghold Indexes for major crypto assets.

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