❔What is dHedge Protocol ?
Last updated
Last updated
dHEDGE is a decentralized set of open-source smart contracts operating on the Ethereum Virtual Machine-based blockchains. Currently: Ethereum, Polygon and Optimism. It’s an asset management protocol that facilitates a censorship-resistant and non-custodial connection between individuals seeking to allocate funds and asset managers.
dHEDGE aims to leverage blockchain technology to create a permissionless protocol for individuals to retain full ownership over their assets while reaping the rewards of enabling the best managers to trade their capital. Utilizing the dHEDGE protocol, individuals can easily connect any ERC-20 compatible wallet to the decentralized app (dApp) to deposit, store, and sell trust minimized vault tokens at any time without lock-ups.
The transparent nature of the Ethereum Virtual Machine blockchain allows the dHEDGE protocol to record every trade, deposit, withdrawal, and vault tokens as immutable transactions on the blockchain. Users can easily track and verify all of the transactions of a trust minimized vault utilizing the dHEDGE app.
Key focal points of the dHEDGE protocol are:
Non-custodial: users retain ownership over their funds, asset managers cannot run away with individuals funds.
Decentralized: dHEDGE aims to create a permissionless, unstoppable protocol for asset management.
Social: Managers have a direct line of communication with their depositors, so individuals know the reasoning behind their decisions.
Verifiable: All transactions are recorded on the blockchain as transparent and immutable transactions