Overview
Our protocol is divided into two parts: on-chain and off-chain
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Our protocol is divided into two parts: on-chain and off-chain
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This chapter will introduce some technical details related to our protocol to provide a better understanding of how our protocol operates.
The main product of our project is the Yield Market, with HedgePlus being our primary offering.
In general, users need to use on-chain assets such as USDC, etc., to purchase tokens corresponding to our products, such as HedgePlus Token. The amount of tokens that can be purchased with a certain amount of assets is determined by an off-chain program.
Initially, funds will be held in our hot wallet. As the assets under management (AUM) increase, we will migrate them to cold storage and implement institutional-grade custody solutions.
Our hot wallet is protected by sophisticated security measures, making direct wallet access impossible for any single party.
The Onchain parts include the smart contracts that enable the buying, selling, staking, and unstaking of HedgePlus Token. All assets are transfer to custody onchain.
The Offchain parts include services that manage the hedging positions.