DHedge (DHT): A Decentralized Asset Management Protocol | Deep Dive
Review Date: March 12, 2021
PROTOCOL
DHedge is a decentralized asset management protocol focused on connecting investors to top investment managers only previously available to high net-worth individuals in legacy markets. The protocol is built upon Synthetix’s protocol utilizing on-chain synthetic assets to allow investment managers to gain exposure to
an arrangement of equity indexes, commodities, and crypto-assets. Investment managers manage a pool of synthetic USD (sUSD) that any user can deposit into a pool. The managers then compete against one another to generate the highest returns which result in the migration of liquidity to the best performing pool. The higher the pool performance the larger the amount
of capital the pool will attract and pool managers will benefit from increased revenue from the specified performance fee.
DHedge is completely non-custodial meaning users have full control over their assets and can withdraw
Technical Analysis
Assets from the management pool whenever they desire by simply redeeming pool tokens issued when they deposited sUSD into their pool of choice. DHT is primarily a governance token to enable communal management of the DHedge protocol. However, DHT can be staked via the DHedge DApp to capture DHT inflation but requires a lockup period in order to receive vDHT. vDHT also allows access to
the Uber pool which is an admin fee of 10% on all pool performance fees which now has a valuation of $1.6m. The Uber pool is essentially rebalanced to maintain exposure to the best performing DHedge pools and hence offers superior returns for investors who stake DHT. Backed by notable crypto funds such as Maple Leaf Capital, Framework Ventures, Three Arrows Capital, and BlockTower Capital DHedge is certainly set to be one of the leading decentralized asset management protocols in the cryptocurrency asset class.
Crypto_McKenna published on TradingView.com, March 11, 2021, 15:53:12 EST
HUOBI:DHTUSDT, 720 4.5759 +0.4600 (+11.18%) O:3.9840 H:4.9000 L:3.9819 C:4.5759
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