dHEDGE Community Newsletter #3
Including V2 developer updates!
Welcome to the dHEDGE Monthly community newsletter. In this publication we will outline all the news, developer updates, media, upcoming events and much more!
This crab market continues but we all know what's coming! Ethereum London fork is scheduled for August the 4th, which includes EIP 1559. This will be a very interesting time for the Ethereum Network including all the advancements in DeFi. dHEDGE V2, Any Asset, Anywhere is super exciting and I can’t wait to see all the money Lego possibilities and new protocol integrations.
dHEDGE V2 and Developer updates
Follow the roadmap and features requests at https://dhedge.canny.io/
Final internal testing of dHEDGE V2 on Polygon mainnet underway!
V2 dHEDGE SDK is for automated strategies and has been kicked off.
Audit was submitted to Certik. First round is complete, finalization is in progress.
dHEDGE has received Arbitrum whitelist access.
Integration with SushiSwap on Polygon is undergoing further testing.
Integration with AAVE on Polygon is currently in progress.
Completed New Manager profile page - showing their pools on the specific network.
Active proposals for voting are now reflected on the dApp governance page.
New design agency is now onboard.
Governance snapshot vote results
We had numerous governance votes put to the community which generated some great discussion on the future of the platform. It is great to see more participation in governance! We saw lots of great discussion on the forum. Here is a summary of the snapshot votes:
dHEDGE DAO + DeFi Pulse Partnership - almost 100% in favor of this!
The collaborations have begun so keep an eye on the content in the coming weeks!
Review dHEDGE EcoDAO Councilors reward
1. Change to 999 dTOP - 41.21%
2. Leave at 666 DHT - 32.23%
3. Improve to 666(dTOP + DHT) - 26.56%
Which token should be used for the distribution from Uber pool?
1. DHT - 60.2%
2. dTOP - 39.52%
3. sUSD - 0.28%
What % of the total Uber pool value should be distributed this quarter?
1. 5% - 98.97%
2. 2.5% - 0.66%
3. 0% - 0.37%
Uber pool Q2 rebalancing
≈$146k has been liquidated; ≈$46k has been reinvested into dTOP and $100k was used to buy back DHT for distribution to stakers. This was done in 3 separate transactions via 1inch to limit slippage. This came to a total of 121,657 DHT. This DHT is available to claim now on the staking page. More details are available on the forum post.
dHEDGE top Index - dTOP rebalancing
The dTOP index weights have been rebalanced for July! Each Month dTOP rebalances into the new top 10 from the dHEDGE leaderboard.
Weights are as follows:
Jesse Livermoore Hearts Crypto / @JLHeartsCrypto - 18.93%
Convex Strategies / @ConvexMonster - 17.51%
YANG(That Asian Quant) / @Wangarian1 - 10.73%
Gambit.finance - Bright / @FinanceGambit - 9.63%
Potato_Swap / @GuntisVitolins - 9.32%
Guttastemning / @GuttaCap - 8.44%
A-DAM Public Fund / @A_DAMcapital - 7.07%
Alchemy Fund / @AlchemyFund - 6.63%
Black Lion Fund(BLF) / @liondani - 6.39%
FoisGrasFauxPas / @FoisGrasFauxPas - 5.35%
Check out the NEW Alpha Insights with dHEDGE top managers, an awesome interview with the legendary Convex Monster!
EcoDAO Updates
New rewards will be 999 dTOP as per snapshot vote.
We are working with a number of content creators on videos for the V2 launch, can’t wait for you to see these!
dHEDGE in the Media
YouTube links for community calls: May and June
Interesting Tweets
Make sure you follow @dHedgeBot for instant network updates including trades, deposits and more!
Upcoming Events
Crab Market Vibe Check - July 22nd 1am UTC. Check out the awesome lineup!
EcoDAO Community call on the 28th July, 1am UTC. Zoom Invitation link
Come work with us!
Become a community contributor and help grow dHEDGE! Please join our Discord and let us know!
Thank you for reading.