ETH Strategy is an autonomous on-chain treasury protocol offering leveraged ETH exposure without margin liquidations or volatility decay. It accumulates ETH through convertible debt and ETH bonding, growing ETH per STRAT token while maintaining accretive dilution. Inspired by MSTR-style treasury models, ETH Strategy adds DeFi-native tools like a gamma vault and risk-managed ETH call selling. STRAT holders gain amplified ETH upside via a transparent, composable, and yield-generating treasury structure.