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. DeFi Options Vaults, also known as DOVs, can be used by crypto holders to generate yield on their coins. Users deposit their coins into the vaults via smart contract. The vaults then sell options on the coins and receive a premium for doing so. These premiums are reinvested into the strategy over time to sell even more options, providing depositors with compounding yield.