Thetanuts Finance, a structured decentralized finance platform has now announced the launch of its Stronghold Vaults today.
Thetanuts Finance, a Decentralized Finance (DeFi) platform that makes the process of option trading easy, has announced the launch of the Thetanuts Stronghold index vault. This customizable vault is a new trading product that offers non-inflationary return opportunities, thoughtful risk management, and a radically simpler user experience.
The Thetanuts Stronghold index vault was created to save users the stress of trading strategies by enabling them to stake their assets directly into the DeFi Option Vaults. This product performs a similar feature to the S&P 500 in trading stocks and represents 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.
With the newly released Thetanuts Stronghold protocol, once a user stakes an asset it is automatically deployed into a specific enclosed selling option strategies through the use of smart contracts. The base yield of this product is obtained via premium payments just as opposed to the inflationary token rewards seen in many other DeFi protocols.
Users can earn from this protocol by receiving a yield-bearing token that generates preferable returns by trading options across the curve, while also profiting from a varied risk profile. The price strike and expirations of each Stronghold strategy are algorithmically selected to generate the highest risk-adjusted yield.
CEO of Hyperchain who is also an investor in Thetanuts talked about this protocol earning and complimented the team. He said; “I am excited about Thetanuts Stronghold because it gives users great risk-adjusted returns through selling diversified option selling strategies. Great team and looking forward to Thetanuts being the future benchmark of yield generation.”
While with some other competing protocols, investors are faced with collateralized liquidity, and multiple-choice vaults on the same chain, which can make it difficult to decide which one is the most adequate. Thetanus Protocol’s aim is to help the users solve problems around choice paralysis, liquidity lock, and concentrated risk.
And also, while users of some other protocols deal with single strike single tenor vaults, which carry the risk of going in-the-money on one strike. Investors or users of Thetanuts Stronghold will be able to benefit from a more simpler investment choice, they will also be able to withdraw their liquidity at any time, while risk management is attained by diversification.
Thetanuts Stronghold indexes are backed by multi strike, multi tenor, multi asset options vaults aggregated into a single Stronghold token, which protects its users from unnecessary vault draw-downs in the bearish market conditions, and also from temporary market downturns via mean reversion.
Additionally, Investors at Thetanuts benefit from an improved user interface with the help of two major updates. All Thetanuts Stronghold products have been merged into a single, simplified panel, allowing users to interact with the indexes they’re most suited to, easily find assets to generate yield on, and know which blockchain network their assets are hosted on. Meanwhile, yield generation is now as simple as a swap – simply swap the basic asset for Stronghold and vice versa with just a single click, moving into and out of a position at any time.
About Thetanuts Finance
Thetanuts Finance was launched in August 2021 and was founded by a team of programmers, hedge fund managers, and financial analysts who specialize in building financial crypto products. The Thetanuts Finance DeFi structured products and its customizable vaults are the future of generating yield. The platform is designed to provide treasury management for DAOs, as well as help retail traders earn a yield on their tokens. Thetanuts’ vaults simplify the process of options trading, making previously complex instruments easy for any investor to access, and authorizing users to monetize volatility in a risk-adjusted manner.
Thetanuts Stronghold has been launched initially with the USDC Stronghold index vault, and it is now available on the Ethereum, BSC (Binance Smart Chain), Avalanche, and Polygon chain. Fantom and other chains launching soon. As the product gains momentum among DeFi investors over the coming months, Thetanuts will launch other Stronghold indexes for additional major crypto assets.