StonkBrokers Updates From The Firm!
@OxSimpleFarmer laid out the mechanic:
$STONKBROKER holders get paid
$STONKBROKER /
$ETH premiums for staking into options vaults. Those vaults are also the inventory traders can take leverage against. The same model is planned for stock tokens on Robinhood Chain.
He called it the warmup for STORMM. European options. Single serving. Leverage without liquidations.
@stonkbrokershub put a date on the first version. SOLO Vaults launch next week on Robinhood Chain.
SOLO is the simplified desk: deposit
$STONKBROKER write covered calls collect WETH premium
Launch setup they posted:
5 strikes >> 1.5x / 2x / 3x / 4x / 5x
2 terms >> 1 week or 1 month
10 vaults
If someone buys the call, it mints as an ERC-20. The option is an asset in the wallet, not just a line on a screen
That is the whole update. Vaults next week. Premiums to depositors. Stock tokens after they prove it on
$STONKBROKER
Don’t fade the Firm!💼