In a space bursting with options and in a market beaten down by incredible volatility in recent days, DeOrderBook is breaking the mold by offering mind-blowing real yield on both its risk-free HODL pools and more lucrative SNIPER pools.

DeOrderBook, which launched on Aug 31. of this year, has reached over $700k in TVL with its very first set of options provided in its mainnet launch. As a humble crew of BUIDLers not backed by a big fundraise, CEXs, or KOLs: the DeOrderBook team was proud to achieve this feat without liquidity mining and is looking forward to reaching even greater heights as the protocol expands its core functionality and expounds on its grassroots marketing strategy.

On DeOrderBook, users can enter staking pools with $USDC (which can be entered into uHODL and uSNIPER pools) and $wBTC (which can be entered into bHODL and bSNIPER pools). SNIPER pools are more risky as it is BULLET token holders (those users which hold the tokens used on DeOrderBook to exercise options) who choose which collateral the user that entered the Option Pool gets back: either what they deposited or the countertoken exercised at the strike price. HODL pools are free of this risk, making them the perfect risk-free introduction to farming $DOB on DeOrderBook.

Our protocol does optionality without oracles, credit, margin, settlement, and is fully non-custodial — which makes it a risk-bound system where code is law as is the true DeFi ethos. We worked a model where tokenomics are embedded in the protocol — connecting option-writing with option-buying, fee-sharing, and the governance utility with our token $DOB. Yields on DeOrderBook are paid out on $DOB, which can further be locked onto the protocol for a portion of the protocol’s collected fees and a portion of BULLET tokens which represent the rights to exercise options.

SNIPER Pools: Aiming for the Pinnacle of Returns

From the onset, the DeOrderBook team envisioned a platform that offers unprecedented returns without compromising on security. With the launch of our SNIPER staking pools, we've realized this vision. Users can now tap into astonishing yields of over 200% vAPR. These rates, while impressive, are backed by the robust architecture of the protocol and a keen understanding of the traditional mechanics behind options. Entering SNIPER pools is as easy as visiting the DeOrderBook app, and starting off by minting HODL tokens on a 1-1 basis with supported cryptocurrencies with no fees. Minted HODL tokens can then be used to place a DeOrder (the protocol’s version of a limit order) with a chosen strike price and expiry date. Thanks to our dual-token architecture, users have the option of unwinding their DeOrders early which gives users unparalleled capital flexibility compared to anything else in DeFi today.

HODL Pools: Stability Meets High Yield

While SNIPER pools are making waves with their aggressive returns, our HODL staking pools offer a steadier and near risk-free experience, boasting up to 70% APR. It's a testament to DeOrderBook's balanced approach to DeFi, ensuring there's something for every risk appetite. There are currently two single-side staking pools for USDC (currently at >70%-ish) and WBTC (currently at 35%-ish) which are our lowest yield and lowest risk pools but offered by the protocol as an introduction to DeOrderBook and a way to farm $DOB with minimal risk.

The $DOB Dividend: Reaping the Dual Rewards

As mentioned above, yields on DeOrderBook are paid out in $DOB, our native governance token, and here's where it gets even more interesting. Users have the choice to lock their $DOB rewards back onto the protocol. Doing so doesn't just lock in value but unlocks additional benefits:

1. Fee-sharing: By locking $DOB back onto the protocol, users get to enjoy a share of the daily fees collected by DeOrderBook. It's a way to be continually rewarded for being an integral part of the DeOrderBook community.

2. The BULLET Raffle: On top of protocol fees, stakers also earn a share of the BULLET tokens generated every day. These tokens are not just another digital asset to hold; they represent a right. A right to exercise options within the DeOrderBook ecosystem, bringing forth an entirely new dimension of possibilities and earnings.To participate in this daily Raffle, users need to lock at least $1000 $DOB per “ticket” (valid for one automatic participation). If users cannot lock at least 1000 $DOB in one 24-hour epoch, whatever they manage to lock will carry over until their carryover balance + their in-epoch locking adds to 1000 $DOB or more.

Claiming BULLETs from the BULLET Raffle is open to everyone for a limited time only. Normally, claiming these rewards is limited to Gold Gerege NFT holders only: but for now, to celebrate the mainnet launch of DeOrderBook, it is open to all!

In Conclusion

In the DeFi arena, where every platform claims to offer the best, DeOrderBook truly differentiates itself. Our commitment isn't just to offer high yields but to provide a comprehensive ecosystem where users can optimize their strategies, whether they're bullish on aggressive returns or seeking steadier growth with minimized risk.

If you're on the lookout for a platform that genuinely marries innovation with substantial returns, look no further than DeOrderBook. Dive in, explore, and let the yields speak for themselves.

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