📌DeHive&TehMoonWalker AMA recap

21 July 2021 / 1 PM (UTC) / tehMoonwalkeR’s High Table Telegram Channel

ATTENDEES

Tehmoonwalker & DeHive team

Brief Information about DeHive project

DeHive provides an economically sound cluster of assets.

The assets are combined and represented by an index or different indexes reflecting the state of different market segments. This index comprises leading DeFi assets that serve as a benchmark for the economic health of the crypto market in general. Therefore, such an index can be perceived as a tool for market assessment and reasonable DeFi portfolio management.

AGENDA

Bobby (Tehmoonwalker), Admin of Tehmoonwalker community has taken AMA in with the DeHive team to elaborate what DeHive does and provide insight on what is ahead for DeHive and to get to know the community.

Bobby (Tehmoonwalker): Let’s start with some introduction. Please be so kind to introduce yourself to the community members.

Alex Core: I am Aleksei Korobeinikov, CTO and co-founder of DeHive and Blaize Tech. I’ve been in crypto development for 5 years and have worked with 12 different blockchains.

Taya: Sure thing, well I am the current CMO at DeHive, taking advantage of all the marketing and media related stuff 🐝 We also both have an occupation in Blaize, which is our mother company for DeHive

Bobby: Can you tell us about your experience and work in the Crypto field in these 5 years?

Alex Core: Ok. I’ve started, like many others, with Bitcoin forks and Ethereum smart contracts, gathered a team of developers for work on Dapps and Blockchain protocols. We integrated and developed for companies and startups like Remme, Pandora, Yield .app, Minterest and others. We won several hackathons, designed the decentralized bridge, worked on Ethereum Plasma, state channels and other interesting technologies

Bobby: That’s a portfolio of an experienced guy👍😁😁

Let’s start with the questions 😉 Tell us what Dehive is and what are you guys trying to showcase? The community is eager to know.

Alex Core: That is easy. DeHive is a multi-chain protocol that provides smart asset management of tokenized portfolios. DeHive enables it by accumulating the assets into clusters.

Like indexes, clusters minimize the risks of volatility, and also give yield farming on locked assets. The cluster might be seen as a tool (or a type of portfolio) that allows a user to keep their funds and assets with the lowest risks of losses.

Each cluster DeHive issues is backed by a set of tokens considered as the underlings of this cluster

This model regulates the set of underlying assets and their accurate weights in proportion so that the price is regulated by the market itself, and it is definitely a missing economical part of a market.

Taya: This model is dictated by a strong economical and mathematical model in the core of the protocol. So it’s also our unique and authentic technology

Bobby: Is the model completed, or it's still under development?

Alex Core: Yes, it is the math behind the protocol. it was ready before the Beta release

Bobby: Okay. How many members is the core team of DeHive made of? Please tell us something about your core team.

Alex Core: As a Blaize, we have 30 engineers, that can be allocated to the project. Now there are 15 devs constantly working on the DeHive. Our main engineers are Leads in Blockchain and Frontend (Dapp).

After several years in development for Enterprise, they switched to crypto, bringing the best approaches to architecture and development flow

Bobby: Please, explain the working mechanics and economy of your project. How are the users going to benefit from your project?

Alex Core: It is straightforward. DeHive creates a set of assets. Users can purchase a set, receive the share. Assets are used in farming protocols, which gives yield. Users get yield from protocols and balanced asset portfolios which reduces the risks of volatility

Bobby: Who is the major Audience of DeHive? Is there any focus on non-Crypto users, who don’t have any knowledge about NFT and DeFi?

Alex Core: The main Audience of DeHive is crypto people familiar with any wallet or crypto people familiar with the Metamask and want to get a balanced crypto portfolio and earn rewards from it.

The DeHive concept is concentrated on two main points — risk mitigation and high yield rewards🔥

Bobby: Can you please illustrate the Crypto Indexes that you have mentioned on your website?

Alex Core: Basically we migrated the name from Index to Cluster, which corresponds to its nature. Cluster is the set of assets that works for you

Bobby: Okay. Partnerships play a pivotal role in the success of a project. Who are the major partners of DeHive?

Alex Core: We are backed by our reliable funds which are visible on our website, they help us a lot with communicating with other products.

We partnered with wallets, which we consider as a key for Clusters adoption, such as iME and ezDeFi. And of course, we partnered with farming protocols and AMMs that you will hear soon.

Bobby: Let’s talk about the token. What is the tokenomics of your token, and how will you stimulate the users to hold your token in the long run?

Alex Core: DHV is our native token, it gives users access to the DeHive ecosystem, allows to issue custom DeHive clusters, participate in additional protocol features it applied during cluster redemption, and take part in protocol governance through DAO.

DHV is required for staking, so until protocol gives profits a lot of DHV will be extracted from circulating.

Bobby: Do you have any plans for the token burn?

Alex Core: No, we don’t have plans to burn for the next 6 months. But it doesn’t mean that there will be no DHV burning

Bobby: And lastly, please tell the community a bit more about late 2021 plans? Please tell us about your Roadmap and milestones in the future.

Alex Core: Sure, we aim to launch our platform and clusters on BSC, and NFT functionality in early Q3, then move to other chains as well as create more Clusters by the end of Q3.

Also, we will enable rebalancing and custom Clusters voting by the token holders, implement more farming strategies in Q4. Of course, we are not announcing integrations which we expect a lot in the next two quarters.

Bobby: Awesome 😎

That’s all I had to Ask today. Thank you for sharing this knowledge with!

Taya: Sure thing 👍

Alex Core: Thank you a lot!

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