14
Days
Everyone who sold covered calls, sold cash-secured puts, quoted, and referred on Rysk earned Rysk points across the epochs. The majority of any allocation goes to users, and this vote decides which group it mainly flows to. Every user who votes earns an extra $RYSK allocation.
Rysk brings options fully on-chain: earn upfront premiums by selling covered calls and cash-secured puts on any asset, priced by counterparties through a fast on-chain RFQ auction. Collateral stays in smart contracts, with no liquidations and no counterparty risk.
Sell covered calls or cash-secured puts and collect the premium upfront, set at a price you are happy to sell higher or buy lower.
Counterparties quote your trade in a fast on-chain auction, the best bid wins, and the premium lands straight in your wallet.
Write options on HYPE and LSTs, BTC and ETH, live on HyperEVM and Ethereum, with no liquidations.
The community expects any allocation to reward the people who used the protocol. Every group gets a share, but the distribution has to lead somewhere, and this vote signals which group.
Most of the $RYSK allocation goes to the people who sold premium and quoted on Rysk, not to insiders.
The user allocation is split across the ways people use Rysk, and this vote sets which one the distribution leans toward.
All groups still receive a share. The vote sets the lead, and every voter earns an extra allocation on top.
The same user allocation, pointed differently. One side rewards the covered call sellers who drive most of the premium volume. The other rewards the cash-secured put sellers and the quoters who price the book. The community decides which Rysk needs most now.
Send the majority to the writers of covered calls on HYPE, BTC, ETH and LSTs, who bring the bulk of the premium flow.
Send the majority to the cash-secured put sellers and the RFQ counterparties who price and fill the book.
Where the majority of any $RYSK allocation, which goes to users, mainly flows. The options are covered call sellers, cash-secured put sellers, RFQ quoters, or referrers. Every group still receives a share. The winning choice sets which one the distribution leans toward.
Every user who votes receives an additional $RYSK allocation, separate from the user allocation and from the outcome of the vote.
Your voting power comes from the Rysk points you earned across the epochs, from premium volume on covered calls and cash-secured puts, quoting, and referrals. It reflects real usage, without unwinding anything to take part.
No. This vote sets the primary direction. A follow-up implementation proposal turns the result into specific weights, so the community first signals which group the allocation should lead toward.