Yesterday the Fed raised rates for the first time since 2023, but for much of the run-up, it was a toss-up whether it would raise or hold. Nobody could say for sure how BTC and ETH would react. A hike could have pushed them lower, a hold could have sent them higher, and you had to be positioned before you knew what was going to happen. This is the kind of period RiskOFF is built for. RiskOFF cannot lose more than 5% in an epoch, while its upside is capped near 6%, and between those strikes both RiskOFF and RiskON track the underlying. RiskON takes everything beyond the strikes at 2x leverage. Hold RiskOFF, and your loss on a bad decision stops at the floor. Now consider the other scenario: the Fed holds, and BTC and ETH run up. In RiskOFF, you are still in the trade, moving up with the underlying, and as the move climbs toward the cap, you can rotate into RiskON to take the rest of the move at 2x. Rotating between RiskOFF and RiskON gives you protection through the uncertain part and 2x leverage through the upswing. That is what RiskOFF and RiskON really are: a new way to express a view on the market, not just up or down, but how much of the move you want exposure to. They are the first two SMART Tokens, and we are building more. Another hike is expected this year, so get used to rotating between RiskOFF and RiskON on our testnet at before trading with real money on our mainnet. And while you are there, try out various simulations using our simulator on the dApp.