Rysk Alpha Club: Want in?
Rysk’s goal is to bring uncorrelated returns to DeFi and today we are excited to announce the Rysk Dynamic Hedging Vault (DHV) Alpha, a vault able to generate yield that doesn’t move with the market by running options strategies that target delta neutrality.
We are looking for Rysk Alpha Club Members, a group of DeFi users interested in receiving uncorrelated returns; and you can be one of them.
If you are passionate about Rysk and DeFi, are able to understand risk (we will check!), love to be early and if you are looking for USDC uncorrelated returns then you might be a good fit to be a Rysk Alpha Club Member.
By joining the Rysk Alpha Club you will have the opportunity to deposit early into Rysk Alpha, experience it, and provide feedback to contribute to Rysk’s growth in the long term. If this excites you fill out this form to request early access.
Rysk DHV Alpha: A scientific approach towards Product Market Fit
We believe that product development should follow a scientific method where there is a hypothesis to be tested and experiments to validate that hypothesis, in order to reach product market fit (PMF — a product that attracts real users who love the product).
We believe that uncorrelated returns are a critical component enabling portfolio diversification and reducing risk in DeFi as we explained here and the Rysk DHV Alpha is our first release to validate the needs in DeFi for returns that are not dependent on the market.
Rysk DHV Alpha is targeting Depositors and Liquidity Providers to narrow down the experiment and overcome the initial chicken-egg issue. The DHV is a double-sided market, on one side there are liquidity providers interested in depositing to earn uncorrelated returns, and on the other side, there are options traders (protocols, institutional actors, and retail users) interested in trading options with the DHV. It is a chicken-egg dilemma because it will be hard to attract traders if there is no liquidity for options!
The deposited funds into DHV will be used to run short options strategies, such as strangles, straddles, or single legs targeting a portfolio delta close to zero. If the portfolio delta moves far away from zero the DHV position will be hedged by trading options, spot through Uniswap or perpetuals through rage.trade. If you’re curious about how the Rysk DHV works make sure to ask us questions on Discord and sign up for the Rysk Alpha!
Join Rysk DHV Alpha Club Member
Rysk DHV Alpha will be available on Arbitrum soon. If you are interested in joining the Rysk Alpha Club make sure you fill out this form to request early access. We will get in contact with you with additional information on how to access, deposit, and will make sure you understand all the risks of using Rysk DHV Alpha. The journey to product-market fit is challenging and we need your help to get there!
If you are interested in market-neutral returns and derivatives in DeFi you should hang out on our Discord, we talk about DeFi, derivatives, options, and obviously uncorrelatedness!
Before Rysk you were in crypto and stables; after Rysk you will be in crypto, stables, and Rysk.
