Hello #DeFi
@ethstrateg $ETHSR is a tokenized vehicle for ETH accumulation, offering holders a claim on a growing ETH pool managed via transparent, onchain strategies. Think of it as MicroStrategy, but fully onchain.  

The protocol uses convertible bonds (USDC → ETH) and ATM offerings to grow the ETH pool, aligning incentives for long-term growth. Early backers receive $ETHSR tokens, and the protocol aims to maximize efficiency by holding $wstETH for staking yield.  

While replicating MicroStrategy’s model onchain is ambitious, it’s unclear if crypto-native investors will embrace this hybrid approach. Traditional investors might find it appealing, but crypto funds already have risk-managed options. Still, $ETHSR’s transparency and innovative mechanics make it worth watching.  

Public pool opens soon—stay tuned for bond terms and growth potential.
#DeFi #ETHSR #ETHSR #wstETH