dHEDGE V2 — Roadmap Update
It’s unbelievable to think we’re only a few months into 2021. About 4 months ago we shared the plans for 2021 in the post dHEDGE 2021 — The Road Ahead. Let’s take a look at what has been happening in dHEDGE:
Review of dHEDGE V1 achievements
Some of the highlights we’ve achieved since January 2021:
- DHT Staking: Stakers control and get rewarded from the Uber Pool.
- Gas optimization: The Fox Swap was launched and reduced gas cost by 90% (! ! !) and allowed investors to invest with assets other than sUSD.
- Social features addition: Shareable links, Managers posts and replies, Pool Badges and NFTs, recent trade alerts (twitter.com/dhedgebot).
- Performance mining programs create deeper bonds between investors and managers long term, this strengthens the bond between DHT and dHEDGE protocol.
- Tools for pool managers: Alerts, NAV tracking
- Growth initiatives: Onboarding global top pool managers (Recently Data Dash and Real Satoshi joined the platform)
- dTOP — Algorithmic investing in consistently top performing pools
- Momentum trading bot (link to pool)
- DAOs Treasury diversification into dHEDGE pools
- dHEDGE EcoDAO: Community governed grants DAO
The Total Value Locked and trading volume data speaks for itself, since launch in Oct. 2020 to April 2021 dHEDGE had an impressive growth trajectory!
Overall, the community and core contributors have been delivering on so many fronts and now it’s time for an updated strategy.
dHEDGE V2 — Any Asset, Anywhere
dHEDGE V2 culminates in a bold vision to enable multiple types of dHEDGE Pools. This will give managers and investors unprecedented access to assets and yield farming opportunities within decentralized asset management.
dHEDGE core contributors set an epic roadmap to achieve future goals:
GOAT 🐐 — Guarded Open Access Transactions
With GOAT, dHEDGE will have a general purpose framework for protocol accessibility. You can think of this general framework as a ‘Gnosis Safe for dHEDGE’. This will allow dHDEGE to move quickly and roll support for new assets and farms without building new user interfaces. Protocols will be added and from a user experience point of view, they can connect with any whitelisted dapp directly through WalletConnect.
Pools 🏊♂️ V2
Currently dHEDGE pools are restricted to Synthetix assets, for dHEDGE V2 we’ll be enabling other types of pools, chains and layer 2 networks through a set of smart contracts that can be rolled out across EVM compatible chains such as Polygon, BSC, Avalanche and Acala.
Optimistic future: dHEDGE V2 OVM:
In dHEDGE V2 pools will support Synthetix, Uniswap and other upcoming protocols that expressed interest to launch on Optimism.
Performance Mining V2 ⛏🦔
Integration of staking with performance mining will increase the utility of DHT.
Capital Efficiency for DHT Staking/Lending
Currently staked DHT are effectively idle, dHEDGE V2 will seek to enable borrowing against staked DHT with incentives for stablecoin lenders
Limit Orders and Signals through TradingView
TradingView is the leading social network for traders, dHEDGE V2 will include features where managers who are using TradingView will be able to set limit orders or other types of signals triggered in TradingView and executed by a dHEDGE TradingView bot.
Assets and opportunities
dHEDGE V2 will include yield tokens, yield-farming opportunities, options, futures and additional DeFi assets.
More information on the development progress of dHEDGE V2 will be shared in the following weeks. Stay tuned!
About dHEDGE
dHEDGE is a decentralized asset management protocol connecting the world’s best investment managers with investors on the Ethereum blockchain in a permission less, non-custodial, trustless fashion. dHEDGE aims to democratize the investing experience leveraging the unique capabilities of Ethereum and Synthetix.
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,
Join the dHEDGE community on Discord, Twitter, Telegram English language, Telegram Chinese language and on WeChat.
DHT tokens are a means by which users may utilize the protocol. dHEDGE DAO does not recommend purchasing DHT for speculative investment purposes. DHT tokens may lose value or have no value and may have no market.
