Steven Pack

Just launched a few days ago.

So super excited.

Well, as I tell my team regularly, people buy from people.

For as much as things have moved on chain and continue to do so, if you are a fund manager or whatever role, like DeFi manager, if that is your responsibility, you want to know where it's going.

So our experience is it's still a hand-to-hand combat.

It's still a personal sales job.

And that's why partnering with a top node operator like Peer2 has been a game changer for us because they have built relationships over years with large e-holders, right?

And for a lot of them, it took a long time to take the first step to actually stake.

So they move slow, they have their processes, they need to build trust.

So we're able to honestly leverage the, you know, the relationships of our partner.

And we bring the vault expertise.

They bring the staking expertise and the relationships.

And so we've jointly gone to market with this.

And so it's going great.

First depositor was a fund called ETH Strat.

People should go check them out if you haven't.

It's the on-chain version of MicroStrategy.

So it's doing basically an on-chain DAT for ETH.

Yes.

So they run a lot of the same things that, that Saylor does, like in terms of, you know, um, volatility trades and like, uh, you know, just using, using the volatility of the asset to acquire, excuse me, to acquire more of it.