Introduction We are thrilled to announce that dHEDGE DAO has allocated $100,000 in DAO funds to Arctic Trading’s AlgoTraveler Matic Vault. This strategic allocation was part of our open call for vault managers, in which Arctic Trading emerged as the premier choice due to their outstanding market performance
Q2 2022 was unfortunately notable for some hugely significant DeFi catastrophes; such as Terra/Luna imploding, the insolvency of Three Arrows Capital, Celsius locking investor funds, increasing FUD around the stability of Tether, and knock-on effects to the rest of the ecosystem caused by any or all of the above.
In partnership with Synthetix, dHEDGE DAO are holding an Optimistic Ethereum Launch Trading Competition. We’re excited to encourage early adoption of dHEDGE on Optimism, enabling fund managers access to lightning fast transaction speeds and zero slippage trades using Synthetix synths. Prizes will be awarded to investors via two mechanisms:
dUSD [https://app.dhedge.org/dusd] is a new dHEDGE pool token that provides managers and investors with automatic yield farming rewards generated from stablecoin pools. The pool operates on Polygon. The dUSD pool automatically allocates its capital into incentivized stablecoin pools, allocating to those with the highest yielding rewards.