dHEDGE V2 Trading Competition!
Launching on SushiSwap Polygon with US$100,000 Prize Pool!
dHEDGE DAO has been working closely with both Sushi and Polygon. To further cement the partnership we have an awesome trading competition to encourage early adoption for dHEDGE V2.
$100,000 in prizes will be awarded to investors in the top 5 winning pools. Competition starts 16th August and will run for 1 month.
One of the most critical considerations for pool managers is the notoriously expensive gas fees on Ethereum. dHEDGE V2 is kicking off with a debut on the Polygon network where fees are much more affordable.
Polygon’s ecosystem has grown rapidly and is now processing over 7M transactions per day. The first protocol from this ecosystem that will be accessible for managers on dHEDGE V2 is SushiSwap. Through Sushi, Managers are able to utilize decentralized finance tools that make the most of your crypto assets.
These are: Token swaps (crypto trading), liquidity providing (earn platform transaction fees for participating) and yield farming via staking LP positions for additional rewards (earn daily $SUSHI + $MATIC tokens for participating). To learn more about what these tools mean and how to use SushiSwap, please visit: https://docs.sushi.com/how-to-get-started-on-sushi
Trading Competition
US $100,000 Prize money for investors in the top 5 winning pools.
Eligible criteria
A manager is eligible to enter the competition by being a verified manager (on Twitter) on dHEDGE V1 or V2 and fulfilling one of these criteria:
- Manage pools with at least $50,000 TVL
- Have at least 5,000 vDHT
- Manage a pool with a Score of at least 150
Only 1 pool per eligible manager can enter the competition. Manager will enroll a pool by Tweeting using the signup on the registration page at
https://app.dhedge.org/competition
Note that only investors in eligible pools will receive prizes. No need to be a whale to participate.
Competition rules
Length of competition: 30 days
Start: August 16th
Finish: September 15th
Winners are investors in the top 5 pools which are decided based on % performance. The prize money will be split proportionally between investors based on investment amounts.
Leaderboard
dHEDGE will provide a dedicated leaderboard page during the competition.
https://app.dhedge.org/competition
Prize Pool
Prize pool consists of $100,000 USD
- $50k USD in DHT
- $50k USD in SUSHI
Prizes go to investors in the top 5 pools at the conclusion of the competition. dHEDGE will take daily snapshots. Payout based on your daily pro-rata average investment into winning pools during the 30 day competition.
50% of the reward will be airdropped to investors of the winning pools after the competition ends. The remaining rewards will be airdropped monthly over 5 months after the competition on the condition that the funds are still invested on the platform.
About SushiSwap
Sushi.com is the home of DeFi and is renowned for its fervent dedication to technological creativity, expansion and community commerce, with a focus on helping to create multiple passive-income revenue streams for cryptocurrency assets holders. Sushi is building a comprehensive DeFi ecosystem with AMM, leverage & margin trading platform, token launchpad and NFT artist platform, so you can manage all your digital tools in one place. Make the most of your tokens with Sushi’s secure and powerful DeFi tools!
Exchange | Kashi | Docs | Discord | Twitter | Telegram | YouTube | Tutorial | Github
About Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~128M txns, and ~1M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
More About dHEDGE
dHEDGE is a decentralized asset management protocol connecting the world’s best investment managers with investors on the blockchain in a permission less, non-custodial, trustless fashion. dHEDGE aims to democratize the investing experience leveraging Blockchain technology.
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.
