Kintsu Partners with Hedgemony Boosting sMONAD Trading and DeFi Capabilities
Posted October 21, 2024
We’re excited to announce our strategic partnership with Hedgemony, a DeFi platform focused on providing robust trading and strategy solutions. This collaboration will not only enhance the utility of sMONAD but also extend its reach across Hedgemony’s platform. Together, we aim to build more efficient and powerful DeFi experiences within the Monad network.
About Hedgemony
Hedgemony is a decentralized finance (DeFi) platform that enhances the Monad ecosystem through innovative trading and yield management solutions. Leveraging programmable abstracted accounts (EIP4337), Hedgemony offers tools like multi asset quickswapping and adaptable limit order functionality, enabling users to systematically manage their digital assets in a unique and efficient way. With a focus on providing flexible trading options and cross-protocol yield strategies, Hedgemony aims to optimize liquidity and boost the DeFi experience on Monad, making it a crucial player in the network’s growth.
Key Features of the Partnership
The Hedgemony team plans to integrate Kintsu’s sMONAD in a variety of ways, ensuring both seamless trading experiences and advanced DeFi capabilities:
Trading Integration
Hedgemony will support trading functionality for sMONAD within both their externally owned accounts (EOA) framework and programmable abstracted accounts (EIP4337) framework. This means that sMONAD users can enjoy features like quickswapping for EOAs, and limit order functionality for programmable accounts, making it easier for users to trade and interact with sMONAD on the Hedgemony platform.
DeFi Integration
For DeFi enthusiasts, Hedgemony will also support cross-protocol yield delegation within their EIP4337 framework. This allows users to efficiently manage their yield strategies while keeping sMONAD at the center of their operations. By integrating sMONAD into various DeFi functions, Hedgemony ensures that users can leverage its unique yield-bearing potential without sacrificing liquidity.
Prioritizing sMONAD Across the Platform
As part of this partnership, Hedgemony will prioritize sMONAD usage across their platform, elevating it within their user interface. For example, sMONAD will be featured prominently in quickswaps, “add token” prompts, and other strategic areas of their user journey. This prioritization not only boosts exposure for sMONAD but also encourages users to explore its full potential within Hedgemony’s ecosystem.
Amplifying Monad Through the Kintsu-Hedgemony Partnership
This partnership strengthens the Monad ecosystem by enhancing the liquidity and utility of sMONAD across Hedgemony’s trading and DeFi tools. With seamless integrations and priority given to sMONAD, users benefit from improved liquidity management and yield strategies. This, in turn, increases overall user participation and engagement within the Monad network, further solidifying its position as a hub for decentralized finance innovation.
Conclusion
This partnership marks a major milestone in sMONAD’s integration into the DeFi space. With Hedgemony’s advanced tools and support, users can unlock new trading possibilities and enhanced DeFi capabilities, all while benefiting from the unique features that sMONAD brings to the Monad ecosystem.
Stay tuned for more updates as Kintsu and Hedgemony continue to build and grow together.
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