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Jones DAO is a protocol focused on yield, strategy, and liquidity for options. It uses vaults that provide one-click access to institutional-level options strategies, while also improving liquidity and capital efficiency for DeFi options through yield-bearing, options-backed asset tokens.
Jones DAO is designed around three primary groups of users:
People who prefer not to actively run their own options strategies and/or want to make use of the DAO’s option strategists.People who would rather avoid tying up their funds in Dopex SSOVs for an entire epoch and instead keep their deposits liquid.Protocols that want to generate additional yield on treasury assets without relying on dedicated treasury management specialists.Jones DAO provides vaults supporting multiple assets and risk profiles. Jones produces yield by running options strategies on the assets placed inside Jones Vaults. With a single click, users can reach top yields through actively managed, fully optimised, and hedged options strategies. The objective of Jones Vaults is to earn yield using advanced, suitably hedged options approaches. Each vault’s PnL is measured in the vault asset, aiming to increase the amount of that asset over time.
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