dHEDGE 2021 — The Road Ahead!

2020 has been a year filled with progress for the dHEDGE DAO ecosystem and January is an opportunity for us to reflect on what the team has shipped since Q3 2020. There’s so much that it’s hard to keep abreast! Here are some of the key highlights:

July — August

• Fundraising from globally leading funds and individual investors.
• dHEDGE beta testnet competitions. The feedback and learning we gathered was invaluable and it served the team to bring the basic product to what it is today. Thanks to all who participated and gave feedback. Those who won Swag, it’s coming!

September

• $DHT Mesa auction: Community is at the core of dHEDGE and we were humbled to see the excitement with which $DHT distribution was received.

October — December

• Mainnet launch: The team was working around the clock and several contributors raised their hand to help leading up to the anticipated dHEDGE mainnet launch.
• Continuous improvement including a unique leaderboard ranking model, tokenized confidential social posts, snapshot voting and feedback page
• Performance Mining: earn reward by participating on the platform
• dHEDGE DAO and funds co-invest in community lead pool managers: We were impressed by the caliber of pool managers the Open Call for Managers has attracted. The dHEDGE DAO community is preparing something interesting as a follow up. Stay tuned 🦔💸🚀 ;)

Enough about the past and onto the future of dHEDGE. The team took a lot of feedback from community and contributors on feedback.dhedge.org and we’re thrilled to share the roadmap for 2021 with you.

dHEDGE 2021 Roadmap

In the Blockchain era, track record and verifiable performance means a lot more than credentials. dHEDGE DAO is developing protocols that give permissionless and open access to democratize wealth management and the financial world as a whole.

APP Functionality

$DHT Staking
Native DHT staking functionality. $DHT stakers will control Uber Pool where Admin Fee tokens are collected. Initially $DHT Stakers will earn $DHT rewards, in the future there is also the possibility for $DHT stakers to liquidate under-performing pools into sUSD for distribution.

Gas Optimisation

Token swaps will enable smaller investors to directly swap sUSD with pool tokens and vice versa. This token swap will bypass dHEDGE’s native pool factory and substantially reduce gas costs associated with both investing and exiting pools.

Invest with non sUSD (ETH)
Move liquidity from DHT-USDC to a new Uniswap DHT-sUSD in order to create deep sUSD liquidity on Uniswap. This will support dHEDGE a wrapper contract that will be used for investors wanting to enter with ETH or ERC-20 tokens.

Trading History
Create better trading history for pools showing what prices trades were done. Related to this, separate new sUSD investments and withdrawals on the UI.

Social / app liveliness

• Shareable links
• Pool Badges
• Recent trade alerts

Performance Mining V1
Participants in the first Performance Mining program will be able to start claiming rewards (they were earned with 3 months vesting).

Alerts for managers (investments, frozen assets) through email
Alert managers for new inflow/outflow and frozen synths initially through email

Governance voting page

First $DHT Staking liquidation and sUSD distribution

Investor NAV tracker
Investor will be able to track their NAV development

Performance Mining V2
Rewards will be dependent on $DHT staking. This will strengthen the bond between DHT and dHEDGE protocol.

Limit/order stop loss
This is high on the list of functionality that the managers will find useful.

Synthetix’s new shorting mechanism
Build support for Synthetix’s new shorting mechanism as an alternative to inverse assets

Staking rewards
Build support for yield strategies. In phase 1, Synthetix native yield opportunities.

Rollups

Support Optimistic Rollups as Synthetix makes the move to Layer 2.

Staking Rewards phase 2
Earn staking rewards outside the Synthetix ecosystem

Social
Social features boost (eg. Manager post Investor comments)

Growth initiatives

• Onboarding highly influential pool managers to dHEDGE, forming an alliance with dHEDGE DAO and leading investors to support managers with investments
• Community driven growth hacking campaigns

Algorithmic investing from dHEDGE DAO

dHEDGE DAO to start investing algorithmically (ie based on their ranking) on a consistent basis in pools.

Treasury Management
Reach out to DAOs and gauge their willingness to manage their treasury funds on dHEDGE.

Decentralization

Develop and share roadmap with community for continuous decentralization

Grant DAO
Fund Grant DAO with and set up grant committee to make funding decisions

Extras
Re-audit smart contracts as necessary with new features being released

This is already plenty and we’re excited to share as we see the current pipeline.

Wish you all a fantastic 2021!

Onward and upward!

More About dHEDGE

dHEDGE is a decentralized asset management protocol connecting the world’s best investment managers with investors on the Ethereum blockchain in a permissionless, non-custodial, trustless fashion. dHEDGE aims to democratize the investing experience leveraging the unique capabilities of Ethereum and Synthetix.

dHEDGE is supported by some of the biggest names in crypto, including Framework Ventures, Three Arrows Capital, BlockTower Capital, DACM, Maple Leaf Capital, Cluster Capital, Lemniscap, LD Capital, IOSG Ventures, NGC Ventures, Bitscale Capital, Divergence Ventures, Genblock Capital, Trusted Volumes, Altonomy, Continue Capital, The LAO, bitfwd (比特未来) and Loi Luu, Co-Founder and CEO of Kyber Network.

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