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Create how-to-understand-the-Hegic-v2-vault.md #225

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Apr 1, 2021

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How-to guide for Hegic v2 vault

How-to guide for Hegic v2 vault
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@lehnberg lehnberg left a comment

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Thanks for this @Wot-Is-Goin-On please see comments. I may have additional feedback once the document renders as markdown properly, i.e. when the filename extension has been added.

Also - if you are able to, it would be much preferred if you updated the links to this document in the same pull request rather than as a separate one (like #226).

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The Hegic token contract address is 0x584bc13c7d411c00c01a62e8019472de68768430

And the contract of the vault is here 0xe11ba472F74869176652C35D30dB89854b5ae84D
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see previous comment

Hegic pays rewards in WBTC or ETH depending on whether the staking lot is for WBTC or ETH options. The Hegic vault then sells these rewards for Hegic on Sushiswap so that your holding of Hegic increases.

The vault strategist decides the assignment of the strategies based on market conditions.
The change is sent to the strategist multi-sig where other strategists review the change and execute the transaction.
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A soft line break won't be picked up by the markdown formatting. Either you do a double break to create a second paragraph, or the text will be formatted as a single paragraph, not sure which one you prefer?


## What security measures are in place?

[would be good to add audits and anything else that has been carried out here]
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Either delete this, or comment it out so it's only visible to us writers and not appearing as actual test to the end users, i.e.:

## What security measures are in place?

<!--
This is a comment that won't be visible to end user
//--> 

Yearn v2 vaults...

@Wot-Is-Goin-On Wot-Is-Goin-On changed the title Create how-to-understand-the-Hegic-v2-vault Create how-to-understand-the-Hegic-v2-vault.md Mar 29, 2021
…rstand-the-Hegic-v2-vault.md

Apologies for the ".md" oversight - I couldn't figure out what was wrong!
Updated the token/contract addresses with Etherscan links, and deleted audits comments
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Looks great, LGTM

@lehnberg lehnberg merged commit 88b19ab into yearn:master Apr 1, 2021
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2 participants