Base ecosystem has been getting hotter lately. Funds, projects, and users are all flocking to this chain, and many people have started holding some Base ecosystem assets. But here’s the issue: just holding assets and waiting for them to go up means the capital efficiency during this period is actually pretty low. Today, I saw @TermMaxFi Alpha launch the AERO options market, and the gameplay seems pretty interesting. Currently supported: AERO current price: $0.42 Call strike price: $0.50 Put strike price: $0.35 Expiration date: September 18 Simply put: If you’re bullish on AERO and think it’ll keep rising, you can participate in the call option; If you already hold AERO, you can choose to become an options underwriter and earn premium income. The highest annualized yield right now can reach 35%. Of course, the higher the yield, the more you need to understand the rules. If the price exceeds $0.50 at expiration, the asset will be settled at the predetermined price. I think this kind of gameplay is pretty suitable for the current market conditions. A lot of people are bullish on a coin but don’t want to just hold and wait. Using options to turn holdings into a yield strategy actually gives your capital more flexibility. Previously, DeFi was all about competing on APY, but going forward, it might increasingly focus on capital management capabilities. People who know how to use tools often have an edge over those who simply bet on the market. AERO, as an important asset in the Base ecosystem, paired with TermMax Alpha’s structured strategies, is worth paying attention to. If you’re interested, check it out https://app.termmax.ts.finance/alpha/dual-investment?chain=base