Let’s talk investment portfolio - The DHEDGE token

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(Edited)

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My intention from the start of this account half way through May 2020 was to show how not only you can start an account from nothing and still grow very decently on Hive, but also grow it into an investment portfolio that generates passive income.

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This week I came across an awesome new project called DiscoHedge, a Discord managed Hedgefund. Set up by yet another developer that loves to build stuff for investors and does not take the time to market his product. The original @taskmanager. Not to be confused with the very well known @taskmaster4450.

First some background info

This is not the first project for @taskmanager. On the old blockchain he was behind the UFM tribe and made things like the UFM-lotto. You know one of the 3 tribes or so that actually was able to raise the price of their token, rather than keep it sort of stable, or continuously loosing value.

Over on Hive he didn’t just copy UFM, but improved the concept a lot with the Archon tribe. The focus was fundamentals and economic model first and social stuff later. When it started I bought 1 Archon Miner for 20 Hive, which was the most I ever paid for a miner, but currently they are trading close to 40 Hive, so I wish I bought some extra..

The ArchonM tokens are also governance tokens, before that was cool for DeFi projects. Oh and unlike other miners you don’t have to stake them and you will daily get some Archon, since it is not all by chance. Which means that for a small investor it is useful to get one miner. Most other miners only really work when you have several of them.

What about DHEDGE?

So he really likes decentralized governance and came up with a way to make an investment fund that gets their funds in a decentralized way. This is because you can hardly get it on Hive-engine. Instead you will have to send tokens to @discohedge. The tokens you send are not sold, but they are used to gain dividends and curation rewards etc.

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This is why there is currently only a limited amount of tokens that you can send to @discohedge to be added to the fund. Also there is a limit set for each token, to keep some balance in the fund. But it is not a central person deciding what to buy. You can buy the tokens that you think are useful, then swap them for DHEDGE tokens and with that influence the portfolio of the fund. While you get the DHEDGE tokens and get profits from all the tokens that the fund has.

The first dividends are promising to be substantial, since the fund has already aquired a lot of Mpath tokens and BRO tokens. Those are really nice dividend tokens themselves, so I am looking forward to that first payday.

What tokens are allowed?

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As you can see, there are limits to the tokens. When you go to the Archon/UpFundMe discord channel then you can call for the rates that are available for the different tokens with the command !dhedge rates. If somebody swaps a token for dhedge by sending it to @discohedge, then an update will be given for that token for the progression towards the goal for that token.

2,5 million SIM tokens

One of the tokens that I am quite excited about is the SIM token. This will allow the discohedge fund to start a dcity and the returns will profit all holders of the DHEDGE token. This means that it creates another income source for dcity players. Instead of selling your tokens for increasingly lower prices, you can get DHEDGE tokens for it. These DHEDGE tokens will then start generating Hive income for you as long as you hold them.

In my mind that is a beautiful way for dcity players to benefit from other sources of income, spread the risk and benefit the price of the SIM token by not selling their tokens, but instead swapping them for DHEDGE.

Conclusion

If I were you I would look through the list. See if there are any tokens that you already have, that you could swap for DHEDGE and then send them to @discohedge. You will then tap into a steady flow of passive income through a fund that you can influence yourself. Without having to check on all those income sources all the time and micro-managing all of them.

I will surely update you in my weekly update for my account @invest4free on the income generated from these tokens. I will also attempt to do some ROI calculations to see wether it is worth investing in this fund. I usually write that on sunday, so if you’re not convinced then come back to my account on sunday or start following me.

Thank you for reading and do let me know if you have any questions, if you know of other cool projects or if you appreciate this kind of information do let me know.



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14 comments
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There you go @ecoinstant I wrote a post about dhedge and I have some extra attention to the game we both like a lot. Dcity and the sim token ofcourse.

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This sounds very interesting! I will check out their Discord and I will follow your account for future updates about it!
Thanks for this review!



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Yes, I’m really looking forward to the first pay out, to see gore beneficial it really is.

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I may be dumb.
But do I sent tokens to earn DHedge? Or do I sent Dhedge to earn tokens? xD

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For example you send 1 hive to @discohedge and then it sends you 4dhedge automatically

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I asked in the Discord and got help ^^

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Yeah, they’re really friendly and willing to explain in the discord 👍

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Hmm. I think i'll have to read this again a couple more times to understand it fully. Maybe it's because it's nearly midnight :-).

Tag me if you remember please in your Sunday post.

Thanks for sharing.
Following

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Great post, but you may want to change taskmaster to Taskmanager.

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Oops, I’ll change it!

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You have one more mention where the name is wrong, but this is a great explanation! Nicely done, ❤️
!tip

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Changed that one too now. Thanks for the compliment!

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