dHEDGE, the decentralized asset management platform, unveils its ‘Moonlight’ interface update, including the full launch of its first incubated protocol Toros, bringing unique asset-managers like capabilities to the wider Polygon community.
What dHEDGE does?
Launched in 2020, dHEDGE simplifies crypto investment for novices and specialists. The platform, which is based on Ethereum, allows users to hold and trade assets using various protocols, giving them the flexibility to run liquidity across Ethereum, Polygon, and Optimism. Investors can partner with Sortino-ratio rated asset managers to aid them in their crypto journey.
Toros is the first incubated protocol of dHEDGE
Toros is a dHEDGE incubated protocol which intends to offer secure automated vault strategies. Toros, which was created to expand the number of strategies available to dHEDGE managers, now includes one-click leverage on ETH and BTC, Uniswap V3 managed liquidity, and Bitcoin Yield methods on Polygon.
Toros’ native token (dUSD) provides automated stablecoin yield farming, allowing holders to earn returns through automated allocations with no currency risk and compounded incentives.
Toros heads dHEDGE’s “Moonlight” release, leading the charge on new platform updates, including the 1inch network on Optimism and Aave V3 liquidity protocol, which will help managers scale up and save money.
Toros offers maximized hedge against inflation and more
As rising inflation touches nearly every segment of public life, investors are looking for ways to boost their returns while maintaining optimum simplicity, accessibility, and safety.
Following a soft launch in late 2021 on the dHEDGE platform, Toros’ full launch provides investors automated strategies and structured products.
Ermin Nurovic, Co-Founder at dHEDGE, said:
“Launching new automated strategies on Toros is exciting for the whole dHEDGE ecosystem. Our team goal is to constantly improve automated strategies and open up the DeFi space to investors at all levels of experience. We believe giving investors and managers the proper tools will only democratize and widen the adoption of DeFi.”
Toros provides the Polygon user community with enhanced inflation hedging, yield, and liquidity capabilities. The full launch comprises a diverse toolbox that brings to a new investor-friendly interface unique features previously only available to asset managers. Toros’ protocol consists of three vaults at the moment, including:
- dUSD Stablecoin Yield and Inflation Vault
- Bitcoin (BTC) Yield Vault
- Uniswap V3 Ethereum (ETH) Managed Liquidity Vault
dUSD Stablecoin Yield and Inflation Vault
Toros looks for the best safe stablecoin-based yields to offer hedge against inflation. When the protocol discovers superior inflation hedging options that safely maximize returns, it automatically changes strategies.
Bitcoin (BTC) Yield Vault
The Toros vault aims for the highest sustainable BTC yield, with the potential for returns to increase, with a strategy that currently generates about 6% in returns. The BTC yield vault also paves the way for the Toros vault to add more major coins to its list.
Uniswap V3 Ethereum (ETH) Managed Liquidity Vault
Backtested liquidity pool solutions are used in the Toros ETH Managed Liquidity vault to increase yields and reduce rebalancing losses. Instead of recalibrating entire financial positions, the vault expands and contracts liquidity holdings to keep them within a specified range, resulting in a risk-averse strategy.
dHEDGE’s “Moonlight” release
Toros headlines dHEDGE’s “Moonlight” release, leading the charge on new platform updates. dHEDGE introduces the 1inch network on Optimism and Aave V3 liquidity protocol to facilitate greater manager capacity and capital efficiency.
launched in May 2019, 1inch is a leading automated market maker (AMM) built on Ethereum. dHEDGE already uses 1inch for Polygon users, but the Optimism expansion offers the network to asset managers currently utilizing Uniswap v3 and Kwenta.
The Aave V3 liquidity protocol update unlocks higher borrowing power, increased efficiency, and reduced gas costs. Managers can take advantage of these enhancements and continue to generate returns through lending and borrowing on Aave.
To complete the rollout, dHEDGE asset managers can now charge investors a flat “management fee.” The management fee enables managers to choose their own personal fee rate and ensures revenue regardless of investment performance.
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