What is DeHive?
DHV is the native token for DeHive, a decentralized multi-chain smart asset managment protocol allowing users to maximize profits across multiple assets, staking pools, and yield farming strategies. DeHive protocol curates and optimizes indexes of select tokens from decentralized finance (DeFi) markets, with underlying tokens stored securely in DeHive smart contracts while providing users full transparency of asset balances. User portfolios are accumulated into Clusters to reduce risk of volatility. Users stake a certain amount of index tokens together with DHV token to the protocol, where oracles retrieve the current prices of underlying crypto-assets and routes them to yield farming protocols using the most optimized strategies.
Converted yield is returned to the user in the form of new index tokens backed by the yield generated profit.