Solana Ecosystem Lending Protocol Hedge Will Launch Mainnet Beta

Solana ecosystem lending protocol Hedge will launch mainnet beta on May 19 at 17:00 UTC, with $SOL as the initial collateral. In addition, Hedge announced its token economics with a total token volume of $10 million $HDG, 60% of which is allocated to the community, 45% of those 6 million tokens as liquidity and stablecoin mining rewards, 5% will be used for incentives such as airdrops, and 10% will be allocated to the Hedge treasury. 10% of the total volume is allocated to existing investors, 5% is used for future funding, and 25% is allocated to current and future team members and advisors. Previously, Hedge closed a $3.7 million seed round led by Race Capital with participation from Pantera Capital and Solana Ventures, among others.