The yield comes from selling covered calls. When you sell a call, you get a premium, for the obligation to sell your Bitcoin if it rises above a certain price.

In our strategy, we use TA filters to determine when it's a good time to sell a call, and it will sell a weekly call option if it deems it appropriate.

Users lock their BTC in a DLC for a month at a time, and the strategy goes to work.

Of course, there's no free lunch in Bitcoin, so there's a chance Bitcoin price will go above the strike price, which will result in getting less Bitcoin back.

So far the max drawdown for a single trade has been 1.14% and the historical APY is 7.87%.

One of the nice things with covered calls is no matter what, you're up in USD terms of Bitcoin terms.