dHEDGE Launches Toros Protocol, Bringing the Asset Management Toolbox to the Polygon Community

Written by gabrielmanga | Published 2022/04/29
Tech Story Tags: web3 | oct_network | defi | polygon | web-monetization | crypto | business | web3-writing-contest

TLDRToros has been completely launched by dHEDGE, the one-stop interface for digital asset management. Toros collects the most secure and profitable inflation-hedging options for Polygon users, as well as yield and liquidity vaults. The complete Toros launch comes with additional management and efficiency tools, including 1inch and Aave V3 integrations on Optimism and flat management fee choices. The launch comprises a comprehensive toolkit that delivers previously exclusive capabilities for asset managers to a new investor-friendly interface.via the TL;DR App

Toros, an incubating protocol designed for Polygon, has been completely launched by dHEDGE, the one-stop interface for digital asset management. Toros, powered by dHEDGE, collects the most secure and profitable inflation-hedging options for Polygon users, as well as yield and liquidity vaults.

The complete Toros launch comes with additional management and efficiency tools, including 1inch and Aave V3 integrations on Optimism and flat management fee choices, as part of dHEDGE's "Moonlight" release.

Increasing inflation is leading investors to seek out new ways to grow their wealth

As growing inflation affects practically every aspect of public life, investors are seeking ways to increase their returns while maintaining optimum simplicity, accessibility, and safety. Following a soft release in late 2021 under the dHEDGE platform, Toros' full launch provides investors with automated methods and structured products.

Toros provides the Polygon user community with enhanced inflation hedging, yield, and liquidity possibilities. The entire launch comprises a comprehensive toolkit that delivers previously exclusive capabilities for asset managers to a new investor-friendly interface.

Toros' protocol now consists of three vaults, which are as follows:

1. Inflation Vault and the dUSD Stablecoin Yield Toros seeks the best secure stablecoin-based dividends to hedge against inflation. When better inflation hedging options that securely maximize profits are discovered, the protocol automatically switches tactics.

2. Yield Vault for Bitcoin (BTC) This Toros vault tries for the largest sustainable BTC yield, with the possibility for returns to improve, using a strategy that is now earning about 6% in returns. The BTC yield vault also lays the groundwork for the addition of additional important tokens to the Toros vault lineup.

3. Ethereum (ETH) Managed Liquidity Vault Uniswap V3 Toros ETH Managed Liquidity vault use backtested liquidity pool solutions to increase payouts while minimizing rebalancing losses. Instead of recalibrating whole financial holdings, the vault expands and contracts liquidity positions to stay within a preset range, resulting in a risk-averse approach.

Toros is the face of dHEDGE's "Moonlight" release, and he's spearheading the drive on future platform enhancements. To support increased management capacity and capital efficiency, dHEDGE offers the 1inch network on Optimism and Aave V3 liquidity protocol.

1inch is an Ethereum-based automated market maker (AMM). dHEDGE already utilizes 1inch for Polygon users, but the Optimism extension makes the network available to asset managers who now use Uniswap v3 and Kwenta. The Aave V3 liquidity protocol upgrade enables enhanced borrowing power, improved efficiency, and lower gas prices. Managers may take advantage of these improvements and continue to create profits on Aave by lending and borrowing.

To round off the rollout, dHEDGE asset managers may now charge investors a fixed "management fee." The management fee enables managers to determine their fee rate and ensures revenue regardless of investment success.

Disclosure: This story was submitted to Hacker Noon by an independent contributor. Hence the information contained therein has also been researched and compiled independently.


Written by gabrielmanga | Into tech, AI, startups and blockchain
Published by HackerNoon on 2022/04/29