Buy dHEDGE DAO (DHT)

What is dHEDGE DAO?

dHEDGE DAO is a decentralised, non-custodial asset management protocol built on Ethereum Layer 2 blockchains. It connects investment managers with investors on the blockchain, enabling the management and mimicking of top-performing managers through unique asset pool mechanisms. The platform is powered by Synthetix, and it is designed to democratise the investing experience by providing a transparent and auditable on-chain trading environment.

How does dHEDGE DAO work?

dHEDGE DAO operates on Ethereum Layer 2 blockchains like Polygon and Optimism, which facilitate faster and cost-effective transactions. It leverages smart contracts to automate transactions and ensure non-custodial asset management, maintaining transparency and auditability. The DHT token is central to the protocol's governance and functions, allowing holders to participate in staking, governance, and incentivisation of managers through staking rewards and administration fees.

What are the potential use cases for dHEDGE DAO?

dHEDGE DAO offers several use cases, including:

• Decentralised Asset Management: Enables non-custodial management of synthetic assets and decentralised hedge funds.
• Governance and Staking: DHT tokens can be staked for governance, voting, and earning rewards.
• Liquidity Provision: Offers incentives for providing liquidity through staking programs.
• Investment Opportunities: Facilitates the creation and management of decentralised hedge funds and private pools.
• Industry Applications: Primarily used in DeFi for asset management and financial instruments, with plans to expand into futures and options.

What is the history of dHEDGE DAO?

dHEDGE DAO was co-founded by Henrik Andersson, Radek Ostrowski, and Ermin Nurovic in late 2019. After initial development and testing in early 2020, the mainnet launched in October 2020. The project has achieved numerous milestones, including token distribution through an auction process, open calls for investment managers, and integration with Layer 2 solutions. Notable releases like Moonlight in 2022 have expanded its functionalities, and the project continues to grow its market presence through strategic partnerships within the DeFi ecosystem.