Rysk: How to Earn Stablecoin Yield with DeFi Options in 1-Click | DeFi Frontier

Daniele Ugolini is the CoFounder at Rysk.DeFi options have failed repeatedly. Ribbon, Opyn, and a long list of protocols shut down or pivoted. Rysk almost joined them, over two years ago they had no product and were close to quitting.In this new episode of DeFi Frontier, Dan walks through how Rysk rebuilt from zero to $60M TVL in under a year by solving the one thing every previous options protocol got wrong: making it simple enough for anyone to actually use. He demos how users on Rysk use cash secured puts and covered calls, explains why 90% of users roll over their positions every Friday, and addresses the criticism around Rysk's premium vs Derive head on.------💎 THIS EPISODE'S SPONSORS🔒 KPK | Best risk-adjusted yield through automated vaults🏙 MAINSTREET | Bringing proven TradFi yield strategies to DeFi markets🟠 APYX | The first dividend-backed stablecoin (DBS)🏦 ALTURA | Bringing the yield institutions kept, to your wallet🕛 NOON | The highest and safest stablecoin yield, built for the long term👻 MANTLE | Aave V3 is live on Mantle🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale⚔️ KATANA | Deep liquidity & real yield⚙️ GEARBOX PROTOCOL | Onchain lending reimagined------⏱️ TIMESTAMPS0:00 - Intro2:01 - Starting Rysk4:13 - Why DeFi options failed before and what Rysk does differently11:21 - Demo of Rysk cash secured puts15:57 - What market conditions would be more ideal for covered calls?19:24 - Rysk targets a different user than Derive23:36 - Who’s using Rysk?26:57 - Addressing criticisms of Rysk's premium36:40 - What’s next for the Rysk roadmap?42:01 - Closing------🔗 GUEST LINKS► Rysk website: https://rysk.finance/► Rysk on X: https://x.com/ryskfinance► Daniele Ugolini on X: https://x.com/DanDeFiEd------🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER► Newsletter: https://the-edge.xyz► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.