First off, we want to take a moment to thank each and every one of you for your incredible support so far. Your engagement, creativity, and enthusiasm have been the driving force behind what we try to do. Whether you’ve been contributing to our latest campaigns or simply following along, we appreciate your energy and contributions to building DeFi together.

Ongoing Campaigns: Get Involved & Win Big!

2. Unpacking The News

Have a sharp eye on the latest market trends? This is your chance to keep the Algorand community informed! Share daily or weekly news updates on how global events impact our products and the DeFi space. With points for every qualified post, there’s no better way to share your knowledge and earn rewards for your efforts.

📚 How to join? Share your insights via Twitter, tag @AlgoRai_finance, and use #AlgoRAIseTheBar. Don’t forget, being consistent pays off! 💰

2. Dog Barker Design Contest

Our playful mascot for The Strike Is Right is being designed by YOU! We’ve seen great submissions already, but there’s plenty of room, and enough time to get creative and submit your design for Dog Barker. The winning design will become the face of a great new feature, and there are huge rewards for the top entries.

🎨 How to join? Post your design on X (formerly Twitter), tag @AlgoRai_finance, and use #AlgoRAIseTheBar. Let’s see your creativity shine! ✨

New Campaign: Market Movers & Risk Masters

Now, we’re thrilled to announce our latest campaign — Market Movers & Risk Masters! 🌍📉

This campaign is for those of you who have a knack for spotting what’s driving the markets and mastering risk management strategies during volatile times. Whether you prefer to write or create videos, we have two separate competitions — each with a 10,000 ALGO reward pool!

💡 Your Task: Explain a major event or factor moving the financial markets in detail, and share how to manage the risks involved.

• The impact of US Fed decisions on global markets.
• How political events in Asia affect crypto and traditional markets.
• The role of European Central Bank policies in shaping economic trends.
• The influence of global supply chain issues on market volatility.
• Comparative analysis of regional economic indicators like GDP, employment data, or inflation rates.
• Or surprise us!

📋 How to join? Submit your entries as Twitter Threads, Long Posts, or video shares, tagging @AlgoRai_finance and using #AlgoRAIseTheBar.

With rewards for both written and video entries, it’s the perfect opportunity to share your insights and win some ALGO.

Get Involved Now!

With three campaigns running simultaneously, there are tons of rewards up for grabs! Whether you’re a news junkie, a designer, or a market analyst, there’s something for everyone to get involved in. 🌟

Once again, thank you for being part of this journey. Your contributions are helping shape the future of AlgoRai, and we couldn’t do it without you.

Let’s keep the momentum going! 🚀

Submit your entries until September 27, 5pm EST

Rewards & Scoring Mechanics.

For Market Movers & Risk Managers, we apply the following mechanics for both Video and Written entries.

Total Reward Pool: 10,000 ALGO
Shared Pool for All Valid Entries: 2,000 ALGO
Remaining Pool for Top 3 Entries: 8,000 ALGO

1st Place: 4,000 ALGO
2nd Place: 2,500 ALGO
3rd Place: 1,500 ALGO

Scoring System.
To determine the top 3, we combine social media engagement numbers, with KOL votes, and AlgoRai team votes.

Weighted Voting Breakdown:
Community Engagement (Likes): 40%

0–5 likes: 1 point
6–10 likes: 2 points
11–20 likes: 3 points
21–50 likes: 4 points
51+ likes: 5 points

KOL Votes: 30%
Each KOL independently scores the entries on a scale of 1 to 10 based on creativity, relevance to the AlgoRai brand, and overall quality.
KOLs’ scores for each entry are combined and the average calculated.
Example: If 3 KOLs score a submission 9, 8, and 10, the average would be 9.00/10.

AlgoRai Team Votes: 30%
The AlgoRai team will score each entry on a scale 1 to 10 based on creativity, relevance, and overall quality and this score is the contribution to the weighted final score.

Example Calculation:

Likes: 14 likes, 3/5 points, 60% with a weightage of 40%, is 24/100
KOL Panel Score: 7.5/10 with a weightage of 30%, is 22.5/100
AlgoRai Team Score: 6/10 with a weightage of 30%, is 18/100
All scores added together is 64.5/100

Join the conversation and participate in our campaigns — this is your chance to shine and earn big!

Warm regards,
The AlgoRai Team

AlgoRai Contest — Hi Dog Barker!

🎨 Calling All Creators: Design Dog Barker! 🎨

We’re excited to announce the Dog Barker Design Contest — your chance to help shape the identity of AlgoRai DeFi and earn some $ALGO!

🐾 Your Task: Design Dog Barker, our playful, high-energy DeFi friend.
Is he a retro 80s game show host or a trendy DEGEN icon? Your choice!

💰 Prizes:

• Grand Prize: 5000 ALGO + your design in AlgoRai media!
  Winner selected by an AlgoRai panel.
• Runner-Up Prizes: 2 Winners of 1500 ALGO + social media features.
  Winners selected by an AlgoRai panel.
• People’s Choice Award: 1000 ALGO + social media features.
  Winner selected through community vote.
• Participation Rewards: 1000 ALGO split among all valid entries.

📅 How to Enter:

1. Create your design.
2. Share on X (Twitter) with #AlgoRAIseTheBar, then tag and follow @AlgoRai_Finance!
3. Submit before 22 Sep, 5pm EST!

Winners are announced in the week 23 Sep to 27 Sep and rewards distributed.

Get creative, have fun, and show us your best take on Dog Barker! 🚀

Disclaimer: The design needs to be reproducible for media purposes.
In case of any discrepancies, AlgoRai reserves the right to the final decision.

About AlgoRai Finance

Your Leader in Algorand DeFi Structured Products! We are a group of highly experienced and dedicated professionals with one mission — to create value for you, with secure DOVs helping your assets grow over time. AlgoRai creates robust and transparent DeFi structured products and currently offer option vault strategies for BTC, ETH, ALGO, GOLD, and PEPE. Follow us on our socials to stay updated!

Website | Twitter | Medium | Discord | YouTube

Algorai’s Vault Performance Update for the week ending 29th Mar 2024

Last week the markets traded in a range and maintained an overall bid while all strategies settled favourably. Volatility levels and flows appeared more two sided, though increasingly, institutional long only players appear to be strategically repositioning themselves, crystallising gains while new money continues to initialise exposure. On-chain BTC ETF flows grew more balanced, and flows decreased into the long Easter weekend. Volume profiles have reversed lately, with increasing volume on the downside, which indicates a positional vulnerability to a broader correction if the buying fades.

The week’s macro events were largely non-consequential with the key core PCE data Friday meeting expectations, the headline below and January revised 0.1% higher. Since, the ISM Monday was strong, the highest since Sep 22 — new orders, prices, employment all registered gains. Friday’s employment data now rests on the market and increasingly participants are questioning the need for the Fed to lower rates when the economy has yet to turn the corner and equities are partying like its 1999 again. This shifting stance in rates is not a positive for risk assets.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.30
Settlement Price: $0.270357
Settlement Status: OTM
Resulting Weekly Yield: 0.42%
Forward 7-day Projected APY: 21.23%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.30
Settlement Price: $0.270357
Settlement Status: OTM
Resulting Weekly Yield: 0.42%
Forward 7-day Projected APY: 21.23%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.20
Settlement Price: $0.270357
Settlement Status: OTM
Resulting Weekly Yield: 0.45%
Forward 7-day Projected APY: 23.10%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $74,000
Settlement Price: $69,932.934
Settlement Status: OTM
Resulting Weekly Yield: 0.30%
Forward 7-day Projected APY: 18.95%

goBTC Put Vault Performance

goBTC Put Strike Sold: $58,000
Settlement Price: $69,932.934
Settlement Status: OTM
Resulting Weekly Yield: 0.41%
Forward 7-day Projected APY: 24.14%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $3,950
Settlement Price: $3,530.416
Settlement Status: OTM
Resulting Weekly Yield: 0.24%
Forward 7-day Projected APY: 18.84%

goETH Put Vault Performance

goETH Put Strike Sold: $3,000
Settlement Price: $3,530.416
Settlement Status: OTM
Resulting Weekly Yield: 0.57%
Forward 7-day Projected APY: 31.85%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.000036
Settlement Price: $0.0000093
Settlement Status: OTM
Resulting Weekly Yield: 0.16%
Forward 7-day Projected APY: 9.07%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

Algorai’s Vault Performance Update for the week ending 15th Mar 2024

Last week the markets continued to rise sharply, while all strategies settled favourably. A tumultuous week, with new highs and sharply accelerating and decelerating prices. Short squeezes in BTC relative value plays, and further ETF in-flows peaked at $1bn before reversing to zero, contributed to what may have been short term highs being set across markets. Market makers were strong put bidders across our vaults, and ALGO APRs were in the 30% range.

Total market cap and other metrics ended the week narrowly mixed, while short term volatility peaked in advance of the price action. Meanwhile, macro data proved less friendly to Fed doves with inflation data not continuing to decline, thus removing one of the bullish underpinnings. Core PCE data, the Fed’s preferred inflation metric is now expected at 0.3%, with the 6 month rate of change reversing higher. The Fed meeting this week will be critical from their statement implications and any revisions to the “dot plot” — in this case removing one of the 3 x 25bp eases expected. Should that not change, it would be a bullish event for risky assets.

The BOJ meeting also could prove an outlier should they deliver on a decisive rate hike, embarking with alacrity on the long and needed road to normalisation. Given the increasing focus, flows and importance of Japan for international investors, the longer BOJ policy remains unorthodox and at odds with G7 peers and global inflationary trends, the larger the ultimate threat to financial stability, investment capital and confidence.

Last week’s comment:
“The debate about whether inflation is bottoming 100bp over the target or whether January’s data was an outlier to a disinflationary trend should be clarified by the week’s inflation data.”

January’s data appears NOT to have been an outlier, and inflation may have bottomed 100 bp over the Fed’s target. As mentioned, how the Fed manages this in their messaging with the FOMC statement will be closely scrutinised.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.345
Settlement Price: $0.297853
Settlement Status: OTM
Resulting Weekly Yield: 0.24%
Forward 7-day Projected APY (DeFi Boost Inclusive): 24.25%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.345
Settlement Price: $0.297853
Settlement Status: OTM
Resulting Weekly Yield: 0.24%
Forward 7-day Projected APY (DeFi Boost Inclusive): 135.35%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.225
Settlement Price: $0.297853
Settlement Status: OTM
Resulting Weekly Yield: 0.34%
Forward 7-day Projected APY (DeFi Boost Inclusive): 100.07%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $77,000
Settlement Price: $68,541.157999
Settlement Status: OTM
Resulting Weekly Yield: 0.37%
Forward 7-day Projected APY (DeFi Boost Inclusive): 71.06%

goBTC Put Vault Performance

goBTC Put Strike Sold: $60,000
Settlement Price: $68,541.157999
Settlement Status: OTM
Resulting Weekly Yield: 0.32%
Forward 7-day Projected APY (DeFi Boost Inclusive): 56.52%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $4,600
Settlement Price: $3,759.342
Settlement Status: OTM
Resulting Weekly Yield: 0.37%
Forward 7-day Projected APY (DeFi Boost Inclusive): 57.04%

goETH Put Vault Performance

goETH Put Strike Sold: $3,500
Settlement Price: $3,759.342
Settlement Status: OTM
Resulting Weekly Yield: 0.38%
Forward 7-day Projected APY (DeFi Boost Inclusive): 63.60%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.000036
Settlement Price: $0.0000093
Settlement Status: OTM
Resulting Weekly Yield: 0.15%
Forward 7-day Projected APY: 17.21%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

Algorai’s Vault Performance Update for the week ending 8th Mar 2024

Last week the markets continued to rise sharply, with Alts leading. ETH calls ended narrowly ITM, while ALGO rallied 25% over the week — a three sigma event, with covered calls ITM — a liquidation event by almost 10%. Since Friday’s settlement and auction, markets have traded sideways, consolidating gains while NVDA has dropped about 13% from its ATH Friday.

Over the week, crypto total market cap (cTMC) rose by $300bn in USD terms, and $16bn in Defi. Since the ETF watershed event, Defi has grown about 3% more on relative terms to cTMC and BTC. ALGO’s TMC rose by 40% comparatively, while its price is up 60% (compared to BTC’s rise of 60% but sharply underperforming ETH which has risen 75% over the same period). Volatility levels remain elevated, with implieds running over 90% of the last year’s range.

Sentiment remains strong, and while some price action in leading tradfi risk markets has exhibited topping action (SPX, NVDA etc.), crypto has not. More importantly, data Friday with the monthly US NFP report indicated a growing softening in labor conditions, despite a headline beat in workers. High frequency consumption data continues to indicate spreading economic weakness which has yet to feature in primary data, which overall remains constructive.

Powell’s semi-annual Congressional update (fka Humphrey Hawkins) reiterated the Fed’s progressively neutral stance towards rate cuts, with the key debate now centering on two variables for the bond market and wider risk universe: impending inflation data with CPI and PPI this week (components of PPI are included in the Fed’s preferred inflation gage, core- PCE) and the SEP (summary of economic projections) from the coming March 19 /20 FOMC meeting — whether it sticks with 75bp of easing to year end or scales it back to 50bp — as some market participants have been expecting.

The debate about whether inflation is bottoming 100bp over the target or whether January’s data was an outlier to a disinflationary trend should be clarified by the week’s inflation data.

To that extent, its an important event risk, as the whole Fed pivot timing and scope may rely upon it should the data prove a surprise in either direction — if the figures are weaker, there will be a collective sigh of relief and all markets will rally, building confidence and bringing forward and crystalising Fed easing intentions. Should the data prove stronger, the likelihood of a downshift in timing (after June potentially) and scope (SEP to 50bp and bear flattening), would ensue and risk markets could sell off sharply. Not to be forgotten is also the expiry shortly of the Fed’s emergency funding program following last year’s regional bank blowups, and these strains have not wholly disappeared.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.250
Settlement Price: $0.278400
Settlement Status: ITM
Resulting Weekly Yield: -9.62%
Forward 7-day Projected APY (DeFi Boost Inclusive): 18.86%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.250
Settlement Price: $0.278400
Settlement Status: ITM
Resulting Weekly Yield: -9.62%
Forward 7-day Projected APY (DeFi Boost Inclusive): 141.76%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.180
Settlement Price: $0.278400
Settlement Status: OTM
Resulting Weekly Yield: 0.34%
Forward 7-day Projected APY (DeFi Boost Inclusive): 100.07%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $71,500
Settlement Price: $67,384.44
Settlement Status: OTM
Resulting Weekly Yield: 0.35%
Forward 7-day Projected APY (DeFi Boost Inclusive): 61.72%

goBTC Put Vault Performance

goBTC Put Strike Sold: $56,000
Settlement Price: $67,384.44
Settlement Status: OTM
Resulting Weekly Yield: 0.37%
Forward 7-day Projected APY (DeFi Boost Inclusive): 60.21%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $3,900
Settlement Price: $3,915.84
Settlement Status: ITM
Resulting Weekly Yield: 0.02%
Forward 7-day Projected APY (DeFi Boost Inclusive): 57.04%

goETH Put Vault Performance

goETH Put Strike Sold: $3,050
Settlement Price: $3,915.84
Settlement Status: OTM
Resulting Weekly Yield: 0.43%
Forward 7-day Projected APY (DeFi Boost Inclusive): 65.10%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.0000116
Settlement Price: $0.0000079
Settlement Status: OTM
Resulting Weekly Yield: 0.37%
Forward 7-day Projected APY: 24.24%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

Algorai’s Vault Performance Update for the week ending 1st Mar 2024

Last week the markets continued to rise sharply, with ETF BTC inflows reaching 1B USD Friday, and net purchases since their clearance with the SEC at just under 20B. Our covered calls settled ITM for BTC and ETH, which is not surprising given the extent of the rally (20%) with BTC posting a current SD of 3.12. Volatility levels continue very high.

Overall crypto market cap since 10 January has risen by 31.7%, or $592B to $2.454T, with BTC accounting for $242B of the increase, and representing 50% of total market cap. Alts increased nearly 40%, or about $350B over the same time, to $1.224T. ETH represents 33.7% of Alts, and with a market cap of $411B, has increased by 51% ($139B) and gained 2% of the Altcoin percentage compared to total market cap (1.224T), and about the same (1.67%) compared to total market cap of the crypto universe.

Despite the focus, ETF news and inflows from tradfi, BTC has LOST 2% in relative market cap terms since its approval interestingly enough and underperformed ETH’s 47% rally by 7% (BTC is up 40% since 10 Jan), while ALGO for comparison has risen 20% over the same period. DeFi has also risen to $100bn in market cap, the most since 2022.

Sentiment remains strongly positive, while major leading equities again pushed to new ATHs with the latest economic data indicating a slowdown may be underway; the Atlanta Fed’s GDPnow dropped almost a full percentage point to 2.1% after Friday’s data. Some outlier economists are now calling for NO Fed cuts in 2024 which while representing a posture towards the middle ground countering the ultra-doves, maybe too much. The gist is however relevant as a representation that the “last mile” maybe a mile high as the market continues to scale back the scope of expected rate cuts and timing in the months ahead — subject to a sharp reversal of economic fortunes, which in our opinion grows in likelihood.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.227
Settlement Price: $0.217213
Settlement Status: OTM
Resulting Weekly Yield: 0.15%
Forward 7-day Projected APY (DeFi Boost Inclusive): 18.00%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.227
Settlement Price: $0.217213
Settlement Status: OTM
Resulting Weekly Yield: 0.15%
Forward 7-day Projected APY (DeFi Boost Inclusive): 111.07%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.162
Settlement Price: $0.217213
Settlement Status: OTM
Resulting Weekly Yield: 0.43%
Forward 7-day Projected APY (DeFi Boost Inclusive): 87.40%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $56,000
Settlement Price: $61,408.47
Settlement Status: ITM
Resulting Weekly Yield: -8.51%
Forward 7-day Projected APY (DeFi Boost Inclusive): 63.25%

goBTC Put Vault Performance

goBTC Put Strike Sold: $47,000
Settlement Price: $61,408.47
Settlement Status: OTM
Resulting Weekly Yield: 0.29%
Forward 7-day Projected APY (DeFi Boost Inclusive): 53.31%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $3,300
Settlement Price: $3,366.11
Settlement Status: ITM
Resulting Weekly Yield: -1.70%
Forward 7-day Projected APY (DeFi Boost Inclusive): 51.86%

goETH Put Vault Performance

goETH Put Strike Sold: $2,650
Settlement Price: $3,366.11
Settlement Status: OTM
Resulting Weekly Yield: 0.31%
Forward 7-day Projected APY (DeFi Boost Inclusive): 58.83%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.0000048
Settlement Price: $0.0000030
Settlement Status: OTM
Resulting Weekly Yield: 0.53%
Forward 7-day Projected APY: 30.35%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

Algorai’s Vault Performance Update for the week ending 23rd Feb 2024

Last week all strategies settled favourably, as markets mostly consolidated (BTC, ALGO) or pushed higher (ETH) while implied volatility levels generally traded sideways.

Sentiment remains strongly positive, however buy side ETF flows appear to have peaked for the time being, though no pullback has materialised and the markets remain very firm, with buying in lower tier coins rising following ETH’s near 5% improvement. The week offered little new developments, besides the outsized NVDA results and related market impact as new ATH continued in its wake, reversing a growing correction in benchmark equity indexes casting an eye on the rising risks in the wider macro landscape. High frequency consumer credit data is concerning, however employment remains tight, headline growth robust, and with inflation potentially plateauing 100bp above the Fed’s target, we see little reason to push back on market pricing extending the Fed pivot.

Recent concerns about a more two-sided FOMC policy stance are not without merit, however at this stage unlikely to warrant more than a nod toward such a possibility rather than any real prospect, so strong is the prevailing conviction towards lower rates. While this stance is sensible and supported by the FOMC themselves, there is a growing need for disinflation to continue to prove itself instead of being the default position if such a trend does not re-assert itself immediately in the months ahead; importantly quelling any gnawing fears rising from the darkness to erode the bedrock of the last 6 months of macro market pricing, concerns which have already impacted the bond market as yields have risen some distance.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.225
Settlement Price: $0.19186
Settlement Status: OTM
Resulting Weekly Yield: 0.13%
Forward 7-day Projected APY (DeFi Boost Inclusive): 14.09%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.225
Settlement Price: $0.19186
Settlement Status: OTM
Resulting Weekly Yield: 0.13%
Forward 7-day Projected APY (DeFi Boost Inclusive): 103.20%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.165
Settlement Price: $0.19186
Settlement Status: OTM
Resulting Weekly Yield: 0.15%
Forward 7-day Projected APY (DeFi Boost Inclusive): 71.97%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $57,500
Settlement Price: $51,795.082
Settlement Status: OTM
Resulting Weekly Yield: 0.32%
Forward 7-day Projected APY (DeFi Boost Inclusive): 57.59%

goBTC Put Vault Performance

goBTC Put Strike Sold: $47,500
Settlement Price: $51,795.082
Settlement Status: OTM
Resulting Weekly Yield: 0.26%
Forward 7-day Projected APY (DeFi Boost Inclusive): 43.94%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $3,150
Settlement Price: $2,773.04
Settlement Status: OTM
Resulting Weekly Yield: 0.31%
Forward 7-day Projected APY (DeFi Boost Inclusive): 50.00%

goETH Put Vault Performance

goETH Put Strike Sold: $2,550
Settlement Price: $2,773.04
Settlement Status: OTM
Resulting Weekly Yield: 0.27%
Forward 7-day Projected APY (DeFi Boost Inclusive): 47.97%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.0000048
Settlement Price: $0.0000012
Settlement Status: OTM
Resulting Weekly Yield: 0.52%
Forward 7-day Projected APY: 40.38%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

In GP10, AlgoRai is forecasted to receive 312,745 ALGOs for Targeted DeFi Rewards distribution in GP11 and we propose to distribute them as follows:

• ALGO Bear Vault — 34,749.45
• ALGO Bull Vault — 34,749.45
• mALGO Bear Vault — 34,749.45
• mALGO Bull Spread Vault — 34,749.45
• goBTC Bear Vault — 34,749.45
• goBTC Bull Vault — 34,749.45
• goETH Bear Vault — 34,749.45
• goETH Bull Vault — 34,749.45
• GOLD$ Call Vault — 34,749.45

Our goal in this quarter is to increase vault TVL and active users by boosting the vault APY so users are attracted to the yield and participate in greater numbers.

We are also partnering with Messina.one, AlgoMint and Meld for the assets that they bridge into the ecosystem. These 3 partner protocols will be adding to the vault rewards from their TDR allocation as well to further boost yields! We are very grateful for their support!

Algorai’s Vault Performance Update for the week ending 16th Feb 2024

Last week all downside strategies settled favourably, and ALGO calls, while BTC and ETH calls settled ITM as markets surged. Key resistance at 50k in BTC proved illusory and volatility levels continue to rise.

Enthusiasm and growing confidence in the durability of the crypto rally has been supported by broad volume and macro risk markets which have not been fazed by the re-pricing in rates, even as key inflation data has turned higher. So called “passive tightening” which is a result of the real interest rate rising as inflation falls with short term Fed Funds being held steady has been a feature of the dovish policy expectations, supported by CPI revisions at the outset of the week. However, given the “super core” surge for January, and PPI both rising at a much sharper pace than expected, base effects may not contribute more to this expectation and inflation rates stabilising or even rising from around 3% creates distance to the first cut, as the terminal rate remains “higher for longer.” The number of economists now seeing Fed policy as too restrictive is the highest since 2010, however if inflation rates do start to reverse then Fed policy becomes less restrictive which erodes the veracity of a strong easing pivot. Latest Atlanta Fed GDPnow estimates real Q1 GDP at a buoyant 2.9%. The conclusion is the Fed’s in no hurry to lower rates, despite what is broadly perceived as a restrictive monetary policy environment.

Risky assets have recovered but now are wavering at the highs in terms of benchmark indices. NVDA reports this week, which may be pivotal to sentiment, while notable insiders including Bezos of Amazon and Gates have been selling long term holdings. Crypto continues its march to the beat of its own drum, and as tradfi capital continues pouring in, the supply/demand balance skews higher as the new money appears less price sensitive against the diversification value and need to accumulate exposure to the asset class.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.20
Settlement Price: $0.18906
Settlement Status: OTM
Resulting Weekly Yield: 0.21%
Forward 7-day Projected APY (DeFi Boost Inclusive): 17.16%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.20
Settlement Price: $0.18906
Settlement Status: OTM
Resulting Weekly Yield: 0.21%
Forward 7-day Projected APY (DeFi Boost Inclusive): 84.81%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.145
Settlement Price: $0.18906
Settlement Status: OTM
Resulting Weekly Yield: 0.14%
Forward 7-day Projected APY (DeFi Boost Inclusive): 65.14%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $49,000
Settlement Price: $51,839.744
Settlement Status: ITM
Resulting Weekly Yield: -4.69%
Forward 7-day Projected APY (DeFi Boost Inclusive): 53.22%

goBTC Put Vault Performance

goBTC Put Strike Sold: $43,250
Settlement Price: $51,839.744
Settlement Status: OTM
Resulting Weekly Yield: 0.23%
Forward 7-day Projected APY (DeFi Boost Inclusive): 18.41%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $2,750
Settlement Price: $2,816.936
Settlement Status: ITM
Resulting Weekly Yield: -2.13%
Forward 7-day Projected APY (DeFi Boost Inclusive): 36.53%

goETH Put Vault Performance

goETH Put Strike Sold: $2,300
Settlement Price: $2,816.936
Settlement Status: OTM
Resulting Weekly Yield: 0.30%
Forward 7-day Projected APY (DeFi Boost Inclusive): 77.95%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.000004
Settlement Price: $0.0000012
Settlement Status: OTM
Resulting Weekly Yield: 0.52%
Forward 7-day Projected APY: 40.38%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube

Algorai’s Vault Performance Update for the week ending 2nd Feb 2024

Last week all strategies settled favourably. Markets on net rose, as GBTC outflows faded into steady buying, lifting BTC away from the 40k level. Volatility levels have continued to move lower to the lowest readings in three months.

Recent US macro developments were significant with re-emerging banking concerns in the wake of the NYCC earnings, the Fed walking back interest rate cuts in March, and raising the bar to a real pivot, a historical FB dividend and $50B buyback, and finally a blockbuster US payroll report Friday. Risky assets shook off the Fed and banking concerns, with ATH being registered, led by tech even as bonds have begun what could be a material re-pricing, with short dates rising 25bp following Friday’s data.

Higher rates out the curve will eventually thwart the tech rally while the amazingly resilient US economy keeps the Fed at bay given Powell’s insistence that: 1/ being certain about the decline in inflation, given the implication of sharply lower rate path emergent to the eventual easier policy; 2/ the costs of reversing course if they’re wrong; 3/ inflation gains to date have come more from goods, rather than wages (supply side, which the Fed doesn’t have direct control over), which supply chain and geopolitical factors remain adverse risks towards further improvements. How far, how long remains to be seen but incremental risk factors now appear likely to be priced into leading macro markets, even as EM has badly underperformed in January, led by China. Crypto continues to the beat of its own drum, ever louder in the halls of mainstream finance.

ALGO Covered Call Vault Performance

ALGO Covered Call Strike Sold: $0.193
Settlement Price: $0.16072
Settlement Status: OTM
Resulting Weekly Yield: 0.17%
Forward 7-day Projected APY (DeFi Boost Inclusive): 14.97%

mALGO Covered Call Vault Performance

mALGO Covered Call Strike Sold: $0.193
Settlement Price: $0.16072
Settlement Status: OTM
Resulting Weekly Yield: 0.17%
Forward 7-day Projected APY (DeFi Boost Inclusive): 85.58%

ALGO Put Vault Performance

ALGO Put Strike Sold: $0.132
Settlement Price: $0.16072
Settlement Status: OTM
Resulting Weekly Yield: 0.09%
Forward 7-day Projected APY (DeFi Boost Inclusive): 87.08%

goBTC Covered Call Vault Performance

goBTC Covered Call Strike Sold: $43,500
Settlement Price: $43,150.386
Settlement Status: OTM
Resulting Weekly Yield: 0.18%
Forward 7-day Projected APY (DeFi Boost Inclusive): 52.59%

goBTC Put Vault Performance

goBTC Put Strike Sold: $37,000
Settlement Price: $43,150.386
Settlement Status: OTM
Resulting Weekly Yield: 0.17%
Forward 7-day Projected APY (DeFi Boost Inclusive): 60.00%

goETH Covered Call Vault Performance

goETH Covered Call Strike Sold: $2,400
Settlement Price: $2,315.572
Settlement Status: OTM
Resulting Weekly Yield: 0.16%
Forward 7-day Projected APY (DeFi Boost Inclusive): 75.74%

goETH Put Vault Performance

goETH Put Strike Sold: $2,000
Settlement Price: $2,315.572
Settlement Status: OTM
Resulting Weekly Yield: 0.24%
Forward 7-day Projected APY (DeFi Boost Inclusive): 36.20%

PEPE Covered Call Vault Performance

PEPE Covered Call Strike Sold: $0.000004
Settlement Price: $0.0000009
Settlement Status: OTM
Resulting Weekly Yield: 0.73%
Forward 7-day Projected APY: 41.80%

About AlgoRai Finance

We believe DeFi is not just decentralised finance but also democratisation of finance, harnessing blockchain technology to bring financial products to everyone that are now only available to a few. In partnership with global institutions, AlgoRai offers robust and transparent DeFi structured products that protect and grow digital assets over time, all at the touch of your fingertips. Follow us on our socials to stay updated!

Website | Discord | Medium| Twitter | YouTube