Jones DAO is a yield, strategy, and liquidity protocol for options, with vaults that enable 1-click access to institutional-grade options strategies while unlocking liquidity and capital efficiency for DeFi options with yield-bearing options-backed asset tokens. 

There are three main categories of users Jones DAO is built for:

• Users who don't want to actively manage their options strategies and/or would like to utilise the DAO's option strategists expertise.
• Users who would prefer not to lock their assets in Dopex SSOVs for a whole epoch and would like to keep their deposits liquid.
• Protocols who want to earn additional yield on their treasury assets without employing treasury management experts.

Jones DAO offers vaults for multiple assets and risk profiles. Jones will generate yield through options strategies deployed on the assets deposited in Jones Vaults. With 1 click, users will be able to access the best yields with actively managed, fully optimised, and hedged options strategies. The aim of Jones Vaults is to generate yield with sophisticated and appropriately hedged options strategies. The PnL of the vaults is denominated in the vault asset, with the goal being to accumulate more of the asset over time.