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HEDGIES

Meet a very special group of small, spiny mammals who love nothing more than
trading perpetuals.

Additional GIVEAWAY! Hurry up, if you want to get one of the first 100 Hedgies
for free! Click 'Mint' and connect your wallet to receive one!

Mint
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Do you have a Hedgie yet, anon?


CELEBRATING TRADERS

Say hello to Hedgies, a collection of 4,200 unique avatars represented as NFTs
on Ethereum, to be distributed to voters, traders, and the crypto community at
large. We are excited for each one to find a home, and for Hedgies to grow &
unite our incredible community.


ENTER LEAGUES TO WIN

Each day, a Hedgie will be awarded to the top trader by % PNL. Each week, ten
Hedgies will be distributed through Trading Leagues, starting on February 8 at
15:00 UTC. These distributions will run for 104 weeks.


DESIGNED WITH LOVE

We owe a special thanks to our incredible contributors, without whom this
project would not have been possible. The artists will receive 2.5% of royalties
from resales in perpetuity.

Arek Kajda Artist Anna Kajda Artist dYdX Product


WHEN DOES MINTING BEGIN?

Initial distribution will begin on February 1st 2022 at 3:00 PM UTC. The ongoing
distribution will begin on February 8, 2022 at 3:00 PM UTC, and the reveal will
happen by this point in time. The initial distribution will be tiered to the
benefit of those who have traded or voted on dYdX.


WHO CAN MINT ONE?

Governance voters & traders on dYdX, and eventually the general public (if any
remain) will be able to mint Hedgies as part of an initial distribution
beginning on February 1st at 3:00 PM UTC.


WHY SHOULD I HOLD ONE?

Hedgie ownership will be verified on the dYdX exchange under user profiles and
will serve as identities to early traders and governance participants on the
dYdX protocol. Additionally, each user holding a Hedgie will also receive a 1
tier increase in $DYDX fee tier discount on the dYdX protocol (for example,
users who hold greater than or equal to 5,000 $DYDX will receive a 15% discount
(in tier 4) rather than a normal 10% discount (in tier 3).


WHAT DOES IT COST?

Minting Hedgies will only cost gas, and dYdX Trading Inc. will take no royalties
from the collection. Only a 2.5% royalty on secondary transactions will be sent
directly to the talented independent artists of the project.


HOW CAN I WIN ONE?

Hedgies will then be distributed daily starting Thursday, February 8th 3:00 PM
UTC as rewards to the top % PNL trader on dYdX, and weekly to champions of the
dYdX Trading Leagues.


WHY DID YOU MAKE THIS?

Hedgies unlocks the next chapter for our community & brand. They will be awarded
to champions of the market, and function as the foundation of identity on the
dYdX exchange, once profiles launch.

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