Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
610 documents
The document describes Pendle’s yield trading model, which separates fixed and variable returns and draws parallels with traditional products such as zero-coupon bonds and interest rate swaps. It also identifies perpetual funding rates as a potential yield…
The document explains Ethena’s USDe stablecoin as a yield-bearing model that uses futures basis and funding trades, contrasting it with DAI’s overcollateralized design. It links USDe adoption and protocol income to the possible value of ENA, outlining growth…
The document describes SRM Entertainment’s rebranding as Tron Inc. and its plan to center its corporate treasury on TRX. It reports a $100 million equity investment and says the company plans to stake its reported 365 million TRX through JustLend, using…
The document compares ordinary staking with Pendle Finance’s approach to yield-bearing assets. Staking generally locks tokens to support network activity and earns protocol rewards, with returns that may be fixed or variable. Pendle separates an asset’s…
The article describes a proposed dual-yield route in the JustLend and TRON ecosystem: stake TRX to receive yield-bearing sTRX, use sTRX as collateral to mint USDD, then stake or mine USDD through supported protocols. It gives indicative figures for sTRX…
The document explains that XRP’s consensus design does not provide conventional staking rewards, then surveys alternative ways holders might seek yield: lending, liquidity provision, yield farming, and using wrapped XRP in compatible DeFi systems. It notes…
The document explains how eligible OKX UAE VIP customers may use BUIDL, a tokenized money market fund, as both an investment and collateral for derivatives or margin trading. Its central idea is that collateral can continue accruing yield while posted,…
The document describes TRON Inc.’s decision to make TRX a strategic treasury asset and stake tokens through JustLend. It says the company stakes 365 million TRX and claims annualized returns of up to 10% from staking rewards and energy leasing. The approach…
The document introduces delta-neutral trading as holding offsetting positions, such as spot longs and perpetual-futures shorts, to reduce directional market exposure. It identifies funding-rate spreads and basis differentials as potential sources of return.…
The document outlines Solayer's proposed blockchain ecosystem, emphasizing a cross-chain bridge between Solana and EVM networks, restaking, and liquid staking. It describes sSOL as a token representing staked SOL that can retain staking exposure while being…
The document describes the REX-Osprey Solana + Staking ETF as a U.S.-listed product holding spot SOL and seeking to pass staking rewards to investors. It explains that the fund can obtain exposure through staked SOL, staking exchange-traded products, and…
The document describes public companies holding ETH as a productive treasury asset. It contrasts this approach with Bitcoin treasury strategies, emphasizing staking rewards, participation in network security, and potential use of liquid staking derivatives…
The guide explains Ethereum staking as participation in proof of stake, distinguishing solo validators from pooled, liquid, and exchange-based services. It describes APY as a compounded annual yield and says it varies with the amount of ETH staked, network…
The article describes ETHZilla’s reported strategy of allocating part of its Ether treasury to liquid restaking protocols EtherFi and Puffer. Liquid restaking is presented as a way to stake ETH while receiving liquid tokens that can be used elsewhere in…
The document describes USDT’s use in DeFi lending markets and decentralized exchange liquidity pools. Depositors can lend USDT to borrowers for interest, or supply it alongside other tokens to pools and receive trading fees and sometimes incentive tokens. It…
The article explains yield farming as deploying crypto through DeFi protocols to seek rewards. It describes four approaches: supplying assets to liquidity pools, lending, borrowing against collateral to pursue other yields, and staking. Liquidity providers…
The document describes corporate accumulation of ETH as a treasury strategy and links institutional interest to staking income, DeFi uses, and access through exchange-traded funds. It cites BitMine and SharpLink as examples, gives reported holdings and…
The document describes Aster’s second airdrop phase, explaining how participant points are tied to trading activity, held positions, referrals, team performance, and use of designated collateral. It also presents hedged trading across platforms and…
The document explains why companies may hold Bitcoin or other cryptocurrencies as treasury assets, citing inflation protection, diversification, and potential long-term growth. It contrasts Bitcoin’s mining-based system with Ethereum staking rewards, then…
The document surveys Kamino’s stablecoin lending and liquidity strategies on Solana, including USDC vaults, incentive rewards, revolving loans, and a syrupUSDC integration. It describes yield sources as a mix of lending activity, looping deposits,…
The document outlines corporate digital asset treasury strategies as the acquisition, custody, and management of blockchain-based assets to support liquidity, automation, and shareholder value. It describes two examples: CaliberCos plans to acquire LINK, use…
This document describes a data collection utility for monitoring perpetual futures funding rates across several exchanges. It starts a worker for each configured exchange, periodically retrieves market funding data, and stores results by symbol for later…
The article demonstrates how to estimate historical FX rollover payments using central bank policy rates, a broker charge, and currency conversion. It implements the calculations in both Zorro and Python. The long and short roll estimates depend on the…
The document frames trading as judging whether an asset is mispriced, then competing with others who may recognize the same opportunity. Expected buying pressure, for example, can be reflected in the price before a trader is able to act. This competition…