Launched in September 2020, dHedge promises to allow every investor to become Cryptocurrency Hedge Fund Manager. Rather than employing third-party managers with your investment, it empowers individuals via decentralized processes in asset management and administration.
Backed by renowned Decentralized Finance (DeFi) investment projects, it is led by a team with a vibrant experience in both conventional finances and Blockchain sector arrangements. Their mission is to decentralize and administer permissionless legacy asset management services on the Ethereum Blockchain. With dHedge, everyone can be a fund manager in the Crypto space since all it takes is to bring, a community and you are set. More vitally, the platform is non-custodial, and you do not have to hand over your funds under any circumstances.
It empowers everyone by removing intermediaries and allowing anyone, anywhere in the world to be a part of the system. Their association with Synthetix (SNX), as dHedge is deployed on Synthetic, a renowned project in the DeFi space, brings out some dynamism to create more opportunities and avenues to invest without any hindrances.
dHedge has no limitation regarding tokens in that particular sense. There is room for binary options, as well as any additional financial apparatus that Synthetix brings into the market. Since dHedge is firmly related to SNX, all the tradable assets on the latter depend on the accessible assets. For those who are not familiar with Synthetix, it is a synthetic asset issuance network which underpins a wide variety of assets.
For example, digital assets like BTC and ETH, precious assets like Gold and Silver, and even property indices are part of the line of products. In the pipeline is designed to introduce a borrowing and lending services to make unused funds fruitful so that users can earn extra income on the platform.
Consequently, dHedge’s investment pools take advantage of the whole Synthetix ecosystem. The platform supports futures and limit orders via the Synthetix protocol. Basically, there are two main kinds of pools on dHedge consisting of public and private. Concerning the Public one, it assists everyone to invest in tactical investments.
However, private pools are responsible for a determined quantity of whitelisted addresses to commit resources. Moreover, public pools fund administrators only extend and maintain funds, which means there is no way they can withdraw someone’s capital.
Subsequently, funds can be controlled by operating managers who can extend capital, based on the Consensus Mechanism developed to invest in a deliberate policy. The approach is to favour enough distinctions since supervisors can define approaches based on basics, technicals, algorithms and others.
The dHedge ecosystem runs around its native utility token called $DHT responsible for powering its Decentralized Autonomous Organisation (DAO). The DAO is accountable for the expansion and running of governance seamlessly. Some players in the governance system have the privilege vote on some matters while others will support uneven off-chain agreement. $DHT token has a limited supply of 100 million.
The tokens go to existing users of the network via a liquidity prospecting plan to pitch in penetration. But the token supply is directed to community consensus. The DAO governance associates also have the right to vote for the introduction of more tokens. This strategy positions dHedge as one of the most competitive communitive governance protocol.
The project has some of the most distinguished entities in Cryptosphere that bring numerous advantages and benefits. Some of them are Cluster Capital, Framework, BlockTower, DACM, Maple Leaf Capital, Three Arrows Capital, LemnisCap, LD Capital, NGC Ventures, Bitfwd Blockchain Capital, Continue Capital, IOSG Ventures, Bitscale Capital, The LAO, Divergence Ventures among others.
Join dHedge Community
dHedge as, a relatively new project has a growing community with a lot to learn by joining them. Below are links to their social media accounts: