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100 sats \ 0 replies \ @TonyCai_ OP 11 Jul 2023 \ parent \ on: We are the co-founders of Atomic.Finance, AMA. (Non-custodial BTC yield) bitcoin
Great question!
Early customers tend to be long term BTC investors who are looking for a simple + passive way to earn a yield in sats for the long-term. And
They're typically not traders or degens! I think this is a byproduct of us designing the product for long term holders like ourselves. :) The current strategy is conservative in risk taking but also is limited to earning a modest return!
Traders and degens already have pre-existing tools like custodial exchanges. They care the most about pricing / trade execution / speed of execution. Things that we know it'd be hard for us to compete on initially!
Over time, I can see that changing though if we begin to introduce more aggressive / riskier strategies. Or if we introduce manual positions where folks can actually select their option strikes and expiries!