Hi, my name is Monica Quaintance and I am the co-founder CEO of Hypersurface. Hypersurface is a protocol that allows users to take crypto that they already own and sell its volatility in exchange for income. Here's my story. In 2017, I was the first employee at an L1 blockchain. I had a pretty large bag of tokens.
Uh the project foundation was taking their tokens from the treasury and they were selling covered calls to OTC desks for like tens and hundreds of thousands of dollars every month in order to fund operations. I tried to on board to be able to do the same thing like take my tokens, sell volatility, get income, could not do it. Tried for years and this token had its moment in the sun and then it went to zero and now I have neither volatility nor income. So, uh, token treasuries, the top 150 on coin market cap, but at least half of them are selling covered calls on their own tokens. OTC desks run these for 5 billion a month in volume.
You and I still have no access to this product, which is why we built Hypersurface. Hypersurface is a protocol that buys volatility and deploys capital automatically. basically fully automating all the things that OTC desk do in order to bring you this product, but in a totally permissionless way on base. My co-founder and I, we've built onchain products. We've done over 500 million in volume and we really understand this space and this particular user journey.
So, uh, I'm excited for what we're building and I hope you'll join us on our journey as we scale Hypers Surface on
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