DHEDGE, probably the most overlooked project on hive-engine right now

in LeoFinance11 days ago

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When I was setting up a foundation for Bro, a good eight months ago or so, @ecoinstant approached me and said that I should buy into this project called DHEDGE. Sceptically, I grabbed a large chunk and thought nothing more of it. This was something that was going to sit in my account and I was going to forget about it for a while.

You see, I guess I didn't understand the true vision of this project. I was told that this was a long term hold and that I shouldn't think much about it until a later date, and since I had quite a few other things going on at the time I was quite happy to just forget about it and not research much into it.

Recently, I've been noticing that I am getting a lot of goodies thrown my way from DHEDGE and what is landing in my wallet has slowly grown over time. For instance recently, I have noticed Doge, Eos, & swap.hive dropping into my wallet. I'll be honest and say I really didn't take notice until I started getting the pegged coins into my account. I perked up and started to take notice.

That's why today I gave @taskmanager a message and quizzed him a bit more about his project, to which I was quite surprised by his answers.

In a nutshell, and in the words of Taskmanager himself, DHEDGE works like such:

My robot army earns where it can (curation, trading, eos defi, posting, etc...), and our asset backed value determines the price / value of DHEDGE. Profits are added to both increase our asset backed value (and therefore value of each DHEDGE), as well as sending some out to the daily drip account.

Some things like the trading bot have fees for other users who use it that get sent to the drip account for dailies.

I must admit, now I was intrigued. One thing I am super hot on is tokens that drip out other tokens in the form of dividends. My entire token is based on this premise too. I LOVE anything that promises to build my portfolio. I have always been about slow growth over time. And this is what DHEDGE does. Slow growth over time.

At current prices DHEDGE sits at around 16% APR and @taskmanager has said that he's aiming for 20%, and from what I've witnessed with my drips I get from this account he's trying hard to make it. I don't feel it's something he's attacking half-heartedly.

So, now that I'm happy that I bought in for half the price that it is now I ask taskmanager what he plans to do with the future of this coin. Taking from my experience of The man Cave Project, I understand that when projects grow and evolve, sometimes they end up being something entirely different -- so my question is, where do you see it in six months down the line? Doing the same thing? Or expanding your reach into other avenues?

Next on his radar is DeFi projects. I think he wants to take advantage of the current craze around DeFi and capitalise on what's out there.

In his own words:

Oh DHEDGE wont be true defi overall, it's very much centralized around me.

First up will be voting on output % of the dhedge-drips account (adjusting spooling), voting for % off of ABV to set mint rate at.

But a for real defi aspect I want to add is swap with pooling giving returns from swap fees, liquidity providers could earn DHEDGE. I would call it [censored], but the code hasn't come to me yet.

You know? That sounds pretty cool to me. If you even play with the word DeFi around a coin that I own then I tend to get a little excited.

But just remember, this isn't a coin like BRO, or Utopis, or Index. This coin operates in an entirely different fashion. So it's not so much earn epic dividends in a short period of time, but more so achieve slow growth over time whilst earning passively. And by owning DHEDGE I promise you will find some weird and wonderful coins in your inventory every day. Yes, it also takes advantage of the BRO market too, and it drips BRO too. Great huh?

Did I tell you that I found eos and doge pegged in my inventory recently? Yeah! All sorts of drips I tell you. Coins I wouldn't even think to buy on hive-engine. But in turn it makes me cast an eye over them. Just like I planned to do with BRO.

So, if you want my suggestion? Buy some, try it out, see for yourself. I think you'll be pleasantly surprised.

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It's crazy how small DHEDGE's market cap is.

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I just bought a few after reading this, always up for long term dripping haha :)

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Smart move - think long term :)

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Always mate, 10-15 year plan here :)

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DHEDGE is cool, I must say. I won some via @pixresteemer randomizing contest and my DHEDGE tokens earn me 0.001 hive daily. I was stunned when I received the first payment, like oh, this token is valuable. I'm working on adding more to the amount I have. ☺️

Yup! You can earn BRO from it too :)

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Amazing!

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It is a secret Gem of Hive-engine, with a 500,000 market I would hold to hold a nice % :)

Yes! We hold 23,000 of the blighters. A nice hold :) Accruing nicely from dhedge

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Totally agree with you, and that's why I have added some DHEDGE to my portfolio, and recently did a kind of short review of the token... You can find it here https://leofinance.io/@ph1102/dhedge-token-passive-income-through-discord

But a for real defi aspect I want to add is swap with pooling giving returns from swap fees, liquidity providers could earn DHEDGE. I would call it [censored], but the code hasn't come to me yet.

Maybe this can be done with Diesel pools? I think that there is a potential of possible returns from fees/incentives on them... But, they have just started, and we have a lot to go... ;)

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Yep. Quite sad I'm only realising the value of this project now, alas on the other hand I'm glad I was told to buy in early, which I did :)

We have only just begun, yup. I was saying on @jongolson's podcast last night that people are only realising the true value of hive engine. Lots of new whales are going to be minted this year I expect :)

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If you now see the true potential of DHEDGE, will BRO holders start receiving some of it too? I wouldn't mind at all!

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I wish I could - but BRO takes advantage of inflation. So generally we like to keep our stake in a project. If I was to give out DHEDGE it would eventually run out!

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That's true. Thank you.

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Exactly! I have just watched the show with you as a guest, and I agree with you on this... Maybe the Hive-Engine "decentralization step" is a little one, but it opens so many other doors... As a matter of fact, @aggroed have mentioned just lately, there are a lot of great ideas that will be developed... But, as most things are open-source, we don't know who will do it first...

In any case, this "developer race" will benefit Hive and H-E tokens as a whole... Investors will be pleased with the results... The next couple of months will be an interesting ride :)

!ENGAGE 10

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What gets me really excited is that even the prospect of a developer race is attractive to developers.

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

I would like to see pegged BTC hehe

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Haha, me too, me too.

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I asked @ecoinstant about that and it's coming.

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Okay so that's exciting!

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Agreed . I have leased STEEM on dlease , I don't post there anymore - I send all the STEEM to @discohedge everyday . Although it slows down my app because it has to load 20 damn charts lol , it is amazing .

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Damn, nice move. Think I might even buy more dhedge lol

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I love my Dhedge drips! @taskmanager is a wizard! ♥️

He is :)

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I have been going in pretty hard (okay, as hard as I can) lately on DHEDGE because the price is just so good. It has been a really great addition when I don't have quite enough Hive to purchase LEO or one of the other coins at a factor of five like I enjoy doing (just for aesthetics). I didn't even know we were getting dripped those other coins. I am going to have to go and look at my wallet now!

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Go for it! There are literally loads sent to your wallet :)

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Yeah, I just bought about fifty more. I had 25 Hive sitting spare so I bought 5 Utopis and 50 DHEDGE.

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I'm a sucker for free stuff... so I bought 100. No staking I see, so just hold?

Just hold! That's it. No need to stake :)

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DHEDGE pleasantly suprised me too the other day with the the doge. I never buy doge and suddenly it was in my wallet like what!?! xD

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