Pool Managers have certain privileges designated to them by the dHEDGE protocol.
These special privileges include trading assets on investor’s behalf, collecting management fees, or making updates to the tradable assets of Pools. Under no circumstances does the investment manager have the right to withdraw investors’ deposits from a Pool; investors retain full custody over their capital at all times. Pools are managed by a single ‘Manager Wallet’ address. This wallet is used to sign specific transactions and interact with different De-Fi protocols enabled by the dHEDGE protocol.
These privileges include:
Deposit manager’s own funds into Pool
Withdrawal Manger deposited funds from Pool
Approve Assets to Trade in the Pool
Change Assets to Trade in the Pool
Interact with De-fi Protocols (whitelisted functions/contracts) to trade, lend, borrow, provide LP, stake LP on behalf of the Pool's Investors
Create Pools
Change Management Address
Change Performance Fee
Make the Pool Private (Whitelisted Address and NFT collection addresses only can deposit)
Whitelist Investors to be able to invest
Make the Pool Public
Set a Trader Wallet
Remove a Trader Wallet
Fees Incurred
Pool Setup
Trading Fees
Asset Approval
Pool Deposits
Pool Withdrawal
Set Trader
Polygon Bridges for depositing own Pools (if any)
Fees Collected
Performance Fee
The Manager’s wallet will have sole rights to read and write certain transactions of the Pool regarding management. Such rights include edits, updates, linking the account to a social media network, and interacting with De-fi Exchange Protocols (whitelisted functions/contracts) to trade, lend, borrow, provide LP, stake LP). The ‘Manager’s Wallet' will also be where the Performance Fees are sent to. Managers can use active management strategies, algorithmic strategies, or invest in other pools on dHEDGE. Automated strategies are possible with the dHEDGE SDK.
Failed transactions will still incur network fees. The scope and execution of trades are beyond the dHEDGE protocol and depend solely on the protocols the manager selects to manage Pool assets. Updates to a Pool's details only require a signature and do not incur fees.
Traders
Trading wallets are designated only by the Manager's wallet and are given trading access only to Pool assets. Trades can be initiated via the SDK or an active trader. Pools can only have a single trading wallet at a time. Designating a Trader Wallet does not impact the Manager's ability to also initiate trades on behalf of the Pool.
When trades are initiated by a Trader Wallet, trading fees are expensed to the Trader Wallet and not the Manager’s. As stated earlier, the Manger or Trader Wallet are expensed administrative and trading fees depending on which wallet a trade or update was initiated from.
Privileges
Ability to Deposit own assets into Pool
Withdrawal from the Pool own invested assets
Approve Assets to Trade
Change Assets to Trade
Interact with De-Fi Protocols (whitelisted functions/contracts) to trade, lend, borrow, provide LP, stake LP on behalf of the Pool's Investors
Fees Incurred
Polygon Bridge
Trading Fees
Asset Approvals
Pool Deposit fees upon Depositing own Funds
Pool Withdrawal fees upon Withdrawing own Funds
Fees Collected
Possible initial wallet setup airdrop ( MATIC < $0.01)