Why would you be interested in DHEDGE?

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We have recently written about this great new member project called DHEDGE. Today we wanted to take the time to dig in a little deeper, specifically around the question of 'WHY?' would anyone want to own this token?

We thought about it a lot, and to us is it clear that there are use cases where DHEDGE shines, but it depends on the supported token we are talking about. Let's take a look at the current supported tokens:

ARCHON and ARCHONM

These tokens are almost the 'parent tokens' of DHEDGE, since the @discohedge project is born out of the ARCHON tribe. They give new use cases to the tokens, allowing anyone holding these tokens to trade them for DHEDGE tokens at any time.

The relationship here is symbiotic. If you don't want to bother curating with ARCHON votes, you might want to turn them into a partner token like DHEDGE.

WORKERBEE

The legendary speculative WORKERBEE miner token. This is an exciting project, many people are using BEE and excited about BEE and the hive-engine protocol. If you own staked WORKERBEE, a previous ARCHON tribe project @archonbank, runs a WORKERBEE mining pool where we team up and split the fair share of the mining dividends. This works really well because of the benefits of scale while mining BEE tokens with WORKERBEE.

This project has been going really well, and it remains the top miner. If you don't want to worry about staking, delegating/undelegating, powerdowns and all the assorted etcetera, you might want to send in your WORKERBEEs to get DHEDGE tokens.

EPC and GAMER

Both of these are gambling platforms that have come over to HIVE from STEEM. GAMER token is integrated with DCity and also pays in HIVE and STEEM. EPC, I really don't know much about.

These tokens have been really spotty. Basically they pay out dividends to token holders when the 'goings are good' and basically sit in your wallet when the goings are not so good. In the case of EPC, its best to have a big holdings so that if the divs are small in a day you still get a share. GAMER holds the divs to the 6th decimal, but you have to log in and claim them.

Either way, both are great candidates for the long-term minded fund. By taking solid, reasonable positions in these projects at the right price, the Discord Hedge Fund can hope to earn dividends for years to come. Take careful note of the market price, since some people dump these tokens, you may be able to pick them up at a discount to the DHEDGE rates, and score some bonus by sniping good prices for the fund.

LEOM

LEOM miner token was considered by the fund, but after the @brofund went so heavy into them, it was decided to back away since scale would be hard to achieve. This was a strategic decision, instead, the fund has increased its exposure in BRO. Do not send your LEOM to @discohedge.

BRO

@brofund run by @raymondspeaks has been killing it both on and off the field. Legend has it they will be releasing an application in beta launch during the fourth Quarter. After talking to the team behind the scenes, we are very bullish on BRO. If they are able to reach a new group of people for hive, we think this will be a very good think for the platform and for the crypto space in general.

@discohedge is paying full price for BRO token at current, so you could buy it off the market and send it in, or send in BRO you paid less hive for and collect some profits on the recent price increase of BRO to 4 hive each.

MPATH

A recent addition, this great project by @rycharde is a staple of stable token growth. Check out the idea in his own words here.

This project is pretty easy to answer why someone might send them to the @discohedge, and that is because the maximum ROI is achieved only under very specific circumstances, up to 2000 tokens and with a daily post. If you miss posts, you still get the token interest payments, but the votes are missed (although other curation will grow the fund and token price).

DHEDGE fund can work with ARCHON tribe partners to make use of the MPATH tokens. If you already have 2000 tokens, like the SYNERGY Fund, we can send in our additional interest over the maximum.

SWAP.STEEM

STEEM blockchain is still putting out blocks. You may like it or hate it, but dividends are paid after 7 days. Currently with its bad reputation, STEEM has low participation and high ROI. If you still have any of this left, you can use beeswap.dcity.io to turn it into swap.steem and turn it in to @discohedge.

BLURT

BLURT too, having given STEEM wallets an airdrop, are curating over on their platform. With BlurtLink open to transfer to hive-engine (details here), send over any tokens you don't want to deal with. A group of us might just start something over on Blurt.

HIVE/SWAP.HIVE

And if you don't want to deal with any of those tokens, you can send in HIVE or SWAP.HIVE in any amounts!

Every time you send supported tokens, @discohedge increases the number of tokens in play. Soon there will be buy-back and 'burn'policy to remove tokens from the pool. The overall goal is growth, so while the fund pays a small weekly dividend, like a savings account, holders of DHEDGE will find that there are more exciting options opening in the future.

Oh and SIM token was almost forgotten....

SIM

SIM is the black sheep of the group, in that it doesn't pay dividends directly. We will be doing a longer write up on specifically why DCITY.io players should send their SIM that they are selling anyway, to @discohedge and receive hive interest payments weekly like a saving account.

A SIM savings account. With this SIM savings account we hope to be able to generate interest with some market making activites. More on that to come in a future update.

None of this is advice, just history. Please leave us a comment with your ideas and questions, and get great upvotes in LEO, ARCHON and NeoXian flavors :)

Posted Using LeoFinance



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5 comments
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I've been just reinvesting and saving some of my SIM because I don't want to dump it this far away from the peg.

Definitely interested in seeing what you come up with as an alternative here.

Posted Using LeoFinance Beta

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Great info! I hope someone starts something on Blurt. I would love it if the almost 10000 tokens I have there were worth something someday! 😉

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Tomorrow I’ll be sending some sim. Super excited about this project. Will you send me the discord link as well.

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