Echosystem Campaign
Weekly BNB Covered Call
About campaign
Earn up to 20.1% APR participating in the weekly BNB covered call featuring Bonsai Strike. Bonsai Strike is a Decentralised Options Vault offering sustainable and real yield on Binance Smart Chain. It is the first in a planned series of yield generating DeFi products by the team at CODA Ventures, a graduate of the 4th Binance Labs Incubation Program.
How to join
Step 1: Connect your wallet to Bonsai Strike.
Step 2: Select the amount you'd like to deposit (in WBNB).
Step 3: Withdraw your WBNB instantly or choose a standard withdrawl.
100% of vault deposits are automatically deployed into selling call options on BNB. Strikes are determined according to our algorithm, at approximately 10-delta at the point of deployment. Premiums earned can be redeemed weekly when the vault reopens after expiry or left to auto-compound in the next deployment cycle. Click here for more information of Bonsai Strike Covered Call Vaults.
Long-term
Time
Long-term
Reward
-
Type
Automated Strategies
Region
Global
Requirement
Covered Call
Partner
*Disclaimer: This campaign is initiated by the project party. Please thoroughly study the rules and rights to avoid financial losses.