dHEDGE Community Newsletter #1
Welcome to the Inaugural dHEDGE Monthly community newsletter. In this publication we will outline all the news, product release, media, growth stats, upcoming events and much more!
News and Product Releases
dHEDGE Top Index - dTOP update
The dTOP index weights have been rebalanced for May! Each Month dTOP rebalances into the new top 10 from the dHEDGE leaderboard.
Weights are as follows:
Well done all managers who made the top 10. The 2 new pools for May are DeFi / @Coin98Ventures and Potato_Swap / @GuntisVitolins.
In its first month, the dTOP Index already made $11k in performance fees for its Managers!
dTOP currently has over $2M value managed and a lifetime return of 22.74%
dHEDGE & mStable Collaboration
mStable DAO invested in dTOP (DeFi’s first actively managed index)
mUSD enabled for Fox Swap
Fox (Fast Oracle eXchange) swap update
More stablecoins supported; mUSD, USDC, and DAI. Transactions for up to $20k are now included! Entry and exit are similar to a uniswap trade! For more info on Fox swap see original post.
Uber pool rebalancing into dTOP
$140k was rebalanced into dTOP, $140k was distributed to DHT Stakers as dTOP tokens. Reminder the Uber pool will rebalance each quarter.
New Momentum bot launched: DeFi Trend Following
This strategy looks for signals once daily for the most active 7-day DeFi tokens, which has outperformed holding BTC over the last year. The bot is run by the dHEDGE DAO as a service to the community.
dHEDGE is now available in the Safe Interface on Gnosis Safe
Performance fee change
Now managers can modify performance fees. Lowering fees are enacted immediately, while an increase in fees are delayed by 1 month to give enough notice to investors in the pool.
New Synths!
sCOIN, sMSFT, sTSLA, sFB, sAAPL, sAMZN, sNFLX, sGOOG, s1INCH, sCRV, sRUNE and sKRW are all available now.
InsurAce the DeFi insurance protocol forms mutual partnership with dHEDGE
New Audit report covering new features
EcoDAO Updates
New chairperson - community contributor Taminater appointed
John from Elllipti Korea joins as councilor
Roadup for dHEDGE V2 and beyond is expected to be released! Sneak Peak You’ve heard it here first!
UI/UX Updates
Featured pools now on the main page
Added ability to post TradingView embeds and links to tweets including charts
Profit & Loss added to My Investment page and Pool page
Performance Mining APY is now more visible
Added blockies (default avatar next to wallet connected) for users who have not verified their twitter account
dHEDGE in the Media
DataDash Video (dHEDGE included from around 6:25)
CoinTelegraph Article and Video
Round Table discussion "Group Wisdom on Top-end Hedge Strategy",(jump to 19mins) featuring @phenrikand and @leckylao + @Dorothy_defi - @synthetix_io @xinshudong - @IOSGVC@realsatoshinet
Awesome DeFi Slate Article and Demo Video
Growth stats
Note updated TVL is $33M
Interesting Tweets
Make sure you follow @dHedgeBot for instant network updates including trades, deposits and more!
PrimeDAO launches Prime DeFi pool
Upcoming Events
EcoDAO Community call 25th May UTC 1am, AEST 11am, PDT 6pm. Invite Link
Come work with us!
We are on the lookout for Engineering talent, reach out to team@dhedge.org
If you want to help grow dHEDGE become a Community contributor. Please join Discord and let us know!
Thank you for reading. I promise next edition will be more compact!
Good stuff.
Awesome