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4 new governance proposals up for vote! πŸ₯³

Include DCP-3: Include DCP-3: Certik Audit with the latest version V2.7

Include DFP-3: Add Quickswap integration

Include DFP-4: Add 1inch integration

Include DCP-4: Messari Hub membership

https://gov.dhedge.org/#/

Voting closes in 2 days! πŸ—³
Exciting proposals up for vote! πŸ—³

πŸ”ΆDFP-5: $DHT staking rewards every 4 weeks
Rewards from weekly to every 4 weeks=Gas savings!

πŸ”ΆDCP-5: DAO Treasury Diversification
Strategic investors into dHEDGE DAO
@synthetix_io have approached with a $1M proposalπŸ’ͺπŸ₯³

https://gov.dhedge.org/#/
Our epic sushi fest has concluded. πŸ£πŸ¦”

πŸ’ͺ Awesome performance from all managers involved. Great to see managers highlighting the new features of dHEDGE V2, by utilizing cheap gas to make multiple trades on short time frames.


Congratulations to the winning pools! πŸŽ‰

The winning pools are:

Pool Manager
1st Guttastemning Gutta Capital
2nd Simp Capital Polygon Sergei Chan
3rd 3313.fi_poly esbm1701
4th Black Lion Fund(BLF)V2 Daniel Schwarz
5th exosphere grwthhckk


πŸ“£ Shoutout goes to Alexander Markl of SW capital! Was in the top 2 for most of the competition but just missed out!

πŸ’Έ All investors from the winning pools will receive their initial prize amount as an airdrop in the coming days.

πŸ’°The second part of the prize is vested for 2 months and awarded to investors still invested in their winning pool.

If an investor withdraws from their winning pool, they are no longer eligible to receive this vested payment associated with that pool.

Thanks to Sushi for sponsorship! 🍣
πŸ“£ Excited to announce the further integration of Chainlink price feeds into dHEDGE V2!

🀝: This integration will allow more assets to be whitelisted giving managers more flexibility.

In choosing Chainlink oracles, dHEDGE ensures accurate price feeds to establish the best possible security for the smart contracts.

https://taminater.medium.com/dhedge-integrates-chainlink-price-feeds-to-expand-available-assets-889d2efca674
DCP-6: Mask Network Token swap is now up for vote. πŸ—³
https://gov.dhedge.org/#/proposal/QmXoLLQKmid6XLTvaMQACF7j1w5XyvYC2RQkT2TVQFAM5N
In around 24hrs dHEDGE will be undergoing a major upgrade! πŸŽ‰

This will involve pausing all contracts on the platform including: deposits, withdrawals and trades. This upgrade includes DFP-4.

πŸ—“When: Wednesday 29th September 3 am UTC

The upgrade is expected to take around 2-3hrs. Once complete 1inch will be the default DEX for Polygon pools on V2! πŸ”₯ πŸ¦„

1inch integration gives managers more flexibility by utilizing multiple liquidity sources to reduce slippage. As 1inch has deeper liquidity on more assets, this will allow whitelisting more assets to trade on dHEDGE.

We will update once the upgrade is complete. πŸ¦”
πŸ”ΉDHT stakers!

πŸ—³Please vote for an adjustment to DCP-5: DAO Treasury Diversification

This is to increase the DHT tokens sold from 2M to 2.7M
dHEDGE upgrade is underway!

Contracts paused during this time. Expected duration is 2-3hrs.
πŸ¦” πŸš€
dHEDGE upgrade is complete! πŸ¦” πŸ”₯

1inch is now available for token swaps! πŸ¦„ πŸš€
The rollup process for DHT rewards has been completed.

Rewards from DHT Staking and Performance mining are now available!

This process should be much cheaper for gas! β›½οΈπŸŽ‰
GM!
DFP-6: Proposal to add more assets is up for vote!

If passed these assets will be whitelisted for trade on dHEDGE V2 via 1inch! πŸ’ͺπŸŽ‰

- BAL
- CEL
- COMP
- GHST
- MANA
- QUICK
- UNI
- YFI

πŸ—³ Voting closes in 2 days!
https://gov.dhedge.org/#/proposal/QmbJgnqQegcUmw2MAfD4npPHnc6C278a6Z4rDDeYGDpjM1
πŸ“£ AAVE is now live on dHEDGE Polygon! πŸ¦”

AAVE enables Managers to lend and borrow to create new strategies:
πŸ”Ή Leveraged long and short positions
πŸ”Ή Hedging downside risk
πŸ”Ή Creating market neutral strategies while also earning yield!

Example:
πŸ‘‰ Leveraged long ETH - supply ETH as collateral, borrow USDC, swap USDC for ETH, add ETH as collateral on AAVE

πŸ‘‰ ETH short - supply USDC as collateral, borrow ETH, swap ETH to USDC.

This opens the door for new strategies on dHEDGE!

3 dApps are now available on dHEDGE V2, Sushi, 1inch and AAVE with more to come in the following weeks 😎πŸ’ͺ
πŸ“£ dHEDGE DAO has raised $2m in a DAO Treasury Diversification round led by Synthetix.
🀝 Joining the round are Mask Network, 0xVentures, Meld Ventures, Ellipti and Rob Salha co-founder of Zed.Run.

https://medium.com/dhedge-org/dhedge-dao-has-raised-2m-in-a-dao-treasury-diversification-round-16b60e728209
Performance Mining V2 is now live on dHEDGE Polygon πŸ‘ πŸŽ‰

Current APY is +9.18%

πŸ”ΉEarn up to 100 DHT per month with no vDHT staking requirement
πŸ”Ή For rewards over 100 DHT per month you need to have staked DHT according this formula: Max monthly rewards = vDHT/12