UltraYield exits as hgETH strategy manager; Upshift takes over
UltraYield has decided to cease its role as strategy manager of hgETH (High Growth Vault), effective 23:59 Singapore time on Saturday 18 October (15:59 UTC), per Kelp DAO's official announcement. Upshift, the vault's infrastructure partner since hgETH's inception, will take over management of the vault's operations for a seamless transition.
No action is needed from holders: hgETH stays in the wallet and withdrawals work as before — requesting on the vault page delivers rsETH after the 15–18 day redemption period. The hgETH contract on Ethereum is 0xc824A08dB624942c5E5F330d56530cD1598859fD.
Sources
- hgETH (High Growth Vault) update UltraYield has decided to cease its role as the vault's strategy manager at 23:59 Singapore time on 18 October (15:59 UTC). Upshift, the vault's infrastructure partner since the inception of hgETH, will take over the management of the vault'sx.com ↗
- hgETH (High Growth Vault) update UltraYield has decided to cease its role as the vault's strategy manager at 23:59 Singapore time on 18 October (15:59 UTC). Upshift, the vault's infrastructure partner since the inception of hgETH, will take over the management of the vault'sx.com ↗
- hgETH (High Growth Vault) update UltraYield has decided to cease its role as the vault's strategy manager at 23:59 Singapore time on Saturday 18 October (15:59 UTC). Upshift, the vault's infrastructure partner since the inception of hgETH, will take over the management of thex.com ↗
- hgETH (High Growth Vault) update UltraYield has decided to cease its role as the vault's strategy manager at 23:59 Singapore time on Saturday 18 October (15:59 UTC). Upshift, the vault's infrastructure partner since the inception of hgETH, has taken over the management of thex.com ↗
