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dHEDGE Disclosed Details Of v2 Polygon Deployment & SushiSwap Integration

By | August 3, 2021
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Decentralized asset management protocol dHEDGE has reportedly finalized its second version Polygon-based deployment, and fully integrated with well-known decentralized exchange SushiSwap.

Specifically, dHEDGE’s Henrik Andersson reportedly disclosed details regarding the second version of new Guarded Open Access Transactions (GOAT) framework, which makes whitelisted DeFi DApps by the dHEDGE DAO accessible to v2 users. 

Andersson reportedly emphasized that the freshly rolled out GOAT framework will majorly assist dHEDGE in rolling out new integrations with third-party protocols at a faster pace. 

“It’s like a general framework for us to add support for DApps. Instead of having to build specific plugins or connections to DApps, we can use this framework to whitelist DApps.”

Made available in the latter half of last year, dHEDGE’s first iteration reportedly offered support for asset-centric speculation to solely fund managers, provided by the Synthetix protocol. 

In contrary, v2’s GOAT framework will reportedly make it possible for fund management entities to tap into the assets and offerings of any Ethereum Virtual Machine (EVM)-based protocol, which received the greenlight from the dHEDGE DAO, allowing asset managers to release yield farming offerings to investors. 

Upon its release, dHEDGE v2 will reportedly come with facilitating features for SushiSwap’s Polygon-operated decentralized exchange and yield farms. The dHEDGE DAO embarked on the study for additional well-known DeFi protocols for possible support. 

Andersson reportedly remarked that dHEDGE’s DAO is exploring the idea of carrying out integrations with Aave, noting the decentralized money market would equip asset managers with the ability to borrow numerous assets for shorting.

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