Announcing Our LP Program (Closed Beta)
Learn more about this initiative and how it will benefit our awesome community!
Since launching Hedgehog Markets on Solana mainnet this fall, we have received incredible support and feedback from our community; our team has been working nonstop on new features that will be released soon.
While those improvements are in-flight, we also recognize that a stable, healthy, and sustainable no-loss prediction markets model is important in continuing to deliver this novel experience to our users. This is why we are launching an LP Program!
Here is everything you might want to know:
1. The Hedgehog LP Program will help bootstrap sustainable yield. The yield generated will fund competition prize pools, fostering a healthy platform for our community to place predictions and play to earn awesome prizes.
2. This initial program will last 30 days. We will provide updates via Twitter and Discord about the program status, including the amount of yield generated for our platform.
3. It’s a closed beta. Initial program participants are private LPs who are excited about this experiment and its potential impact on our no-loss structure. Their funds are locked for the full program duration and 100% of the yield goes towards incentivizing stakeholders on our platform. In exchange for their participation, the private LPs may earn potential future rewards as well. We’ll monitor the closed beta and see if there is a path towards opening participation to our broader community in the future!
So, you are probably thinking, “Hedgehog, why are you telling me about this?”
Great question! Firstly, we believe this could be a breakthrough for the future of our no-loss competitions, especially when it comes to proving that this new, exciting format can indeed be sustainable.
But, most importantly, we strongly believe that the best way to build an amazing product and community is being open with you, those that have believed in us since day one, motivating us to make Hedgehog the best platform it can be. Simply put, we think you should know about anything that involves our platform!
We hope you are as excited as we are about this initiative, and will of course keep you updated over the next 30 days! If you haven’t already, make sure to join our Discord server to interact with the community and members of the Hedgehog team. Let us know what you think!
About Hedgehog Markets
The mission of Hedgehog Markets is to provide direct, veritable, and open access to the wisdom of crowds. Hedgehog Markets was founded by George Yu, a former Google and Oscar Health engineer. Interested in exploring ways to better predict future events, and noticing a lack of user-friendly ways to do so, building a decentralized prediction markets platform became a natural extension of that interest. Hedgehog Markets was built alongside e^{i} Ventures (EIV), a venture studio focused on DeFi and decentralized applications. Learn more about Hedgehog at https://hedgehog.markets and on Medium.
For press inquiries, please reach out to media@hedgehog.markets
Disclaimer
The information provided in this Medium Post pertaining to Futarchy Research Limited, a Gibraltar limited liability corporation, d/b/a Hedgehog Markets (“Hedgehog”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Hedgehog and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Hedgehog expressly disclaims any and all liability that may be based on such information or errors or omissions thereof.
Hedgehog reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof.
The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose.
Neither Hedgehog nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, Hedgehog undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.
