Hegic

Hegic has made some valuable frontend updates that include an updated list of strategies in the User Profile with cumulative PnL values. The Stake & Cover page now displays projected PnL for the current epoch based on current prices (subject to change if strategies are exercised early).

Hegic is hosting a Twitter forecast contest where participants can post their ETH price predictions for December 25th. The 5 participants with the most accurate predictions will receive special Christmas gifts. The deadline for predictions is December 2nd, and the results will be announced on December 25th.

There are 4 weeks left to get a 20% bonus on all trading profits in the Hegic community. To qualify, you need to have $1,000+ in positive PnL on any amount of trades. Check the app for more details.

Due to increased volatility, the epoch duration for Stake & Cover Pool is extended to 45 days starting from November 17. This change is implemented to ensure stable revenue streams without negative peaks.

Hegic is currently offering a 10% discount on their Call + Put Bundle, also known as Straddle. This discount is applicable to both bullish and bearish traders and can be found on the High Volatility platform.

Hegic is currently the top options protocol on Arbitrum, accounting for 41.72% of the total trading volume in the past 24 hours. Plenty of ETH/BTC Calls and Straps remain available for bullish bets.