There are currently around $2.3M mUSD sitting idle in the mStable DAO. As an mStable stakeholder, I’m proposing that a portion of the funds is deployed on dHEDGE to gain potential upside exposure which will benefit the mStable ecosystem in the long term. dHEDGE is a decentralised asset management protocol that ranks the best managers based on their risk-adjusted returns.
I suggest a collaboration where a minimum 250k USD is initially deployed on dHEDGE via the soon to be launched dHEDGE Top 10 Pool. The Top 10 pool mirrors the top 10 best managers on dHEDGE. In return dHEDGE will enable mUSD through the Fox Swap easy onboarding service (see dHEDGE Medium page for further explanation, can’t include links here). dHEDGE will also diversify funds currently on Compound and AAVE. dHEDGE will at a minimum match the amount mStable puts on dHEDGE in mUSD SAVE where dHEDGE can still earn from assets lent out on Compound and AAVE plus get a return from a portion of mStable Swap fees as well as MTA rewards.