What is HedgePlus
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HedgePlus is an innovative ERC20 token, currently on Arbitrum, designed to track and enhance JLP (Jupiter Liquidity Provider) tokens, representing user's shares. By combining JLP holdings with sophisticated quantitative analysis, HedgePlus aims to provide investors with more stable and attractive returns.
Currently, users have two ways to obtain HedgePlus:
Users can buy (mint) HedgePlus at any time by staking USDC through on-chain methods. First, users receive a purchase quote through our website, provided via oracles and centralized exchanges. If the user agrees to the quote, they need to sign it. Our server then verifies and checks the signature. If approved, we mint the corresponding HedgePlus for the user, and their assets are transferred to our custodial wallet.
Users can burn their HedgePlus at any time to reclaim their previously staked assets(USDC) in our protocol. During redemption, a quote is provided. If the user agrees to the quote, the protocol will burn the HedgePlus and return the corresponding assets to the user.
In addition to minting, users can also acquire our HedgePlus directly through swaps. This is the recommended method, as it allows users to quickly obtain HedgePlus and supports a wider range of assets, offering more flexibility. In the future, we will provide liquidity pools on multiple DEXs for users to perform swaps.
You can now swap for HedgePlus ai Uniswap
