October 24, 2024
Hedgemony Partners with Kintsu
We're thrilled to announce our strategic partnership with Kintsu, a novel liquid staking protocol building on Monad. This collaboration will further enhance and diversify the DeFi capabilities of Hedgemony. Kintsu's sMONAD will be fully integrated, meaning it can be utilized across the entire spectrum of the Hedgemony protocol's functionalities.
Kintsu's liquid stakers will now be able to thoroughly leverage the robust toolkit that Hedgemony offers to on-chain traders and DeFi users, all while they continue to earn interest by securing and decentralizing the Monad blockchain.
About Kintsu
Kintsu is a Liquid Staking Protocol, their mission is to boost the GDP of Proof-of-Stake blockchains by allowing users to participate in on-chain activities while also benefiting from the yield-bearing staking that secures the blockchain.
Due to the highly composable nature of Kintsu's LSTs, DeFi Users are no longer forced to make a choice between participating in the PoS network or taking part in DeFi activities. Users may harness the best of both worlds.
Key Features of the Partnership
The Hedgemony team plans to integrate Kintsu's sMONAD in a variety of ways, these efforts further underscore our protocol's commitment to a seamless chain abstracted user experience, and our insistence on providing our users with the necessary strategic advantage to dominate in the fast paced trading and DeFi landscapes.
Trading Integration
Hedgemony will support trading functionality for sMONAD within both their basic swapping framework and their advanced programmable abstracted accounts (EIP4337) framework. This means that sMONAD users can enjoy features like multi asset batch swapping, and highly customizable limit order functionality within their accounts, making it easier for users to trade, interact, and automate with sMONAD on the Hedgemony platform.
DeFi Integration
For DeFi enthusiasts, Hedgemony will also support cross-protocol yield delegation via their user owned abstracted accounts. 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 continuously and strategically leverage yield-bearing opportunities without sacrificing liquidity.
Prioritizing sMONAD on Hedgemony
Hedgemony will also be prioritizing the usage of sMonad across the platform. By building sMonad directly into our user interface we hope to not only accelerate the exposure of sMonad and encourage users to participate in Monad's PoS network via Kintsu, but to also accelerate the adoption and decentralization of liquid staking possibilities across the Monad ecosystem as well as DeFi as a whole.
Uniting Monad Through the Kintsu-Hedgemony Partnership
The low latency and high throughput environment made possible by Monad Labs will impart a next level on-chain experience. The Kintsu and Hedgemony teams are proud to be the early pioneers of this uniquely positioned DeFi ecosystem. We greatly look forward to pushing the boundaries of utility, composability, and interoperability.
Hedgemony believes integrating sMonad is a necessary step towards delivering a more accessible and convenient product to end users. sMonad holders are in a unique position to grow and benefit from Hedgemony's success as we continue to integrate with various DeFi visionaries among the ecosystem.
Conclusion
We are honored to announce Kintsu as one of the first of many promising partnerships. This strategic partnership will not only elevate the utility of sMONAD but also expands its reach across Hedgemony's platform. Together, we aim to provide users with more efficient, comprehensive, and rewarding experience while diving into the splendors of the Monad ecosystem.
Stay tuned for more updates on this Partnership. For more information on Kintsu, visit their website.
