Hi everyone! Just a temperature check on the product from the HAAS team and looking for feedback from the community and ecosystem contributors.
What we’re building
HAAS is a reusable hedging infrastructure that allows liquidity providers to opt into automated, delta-neutral hedging directly at the LP or vault layer. In practice, this means:
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Users deposit into an LP or vault as usual
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They can optionally toggle a “hedged” mode
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HAAS handles hedge execution and re-balancing in the background
The goal is to make LP participation safer and more capital-efficient without changing the UX or requiring users to actively manage derivatives.
Why this matters for Polygon
Polygon has strong DEX, LP, and vault activity, but LP risk (volatility and impermanent loss) remains a major blocker for larger or more risk-averse capital.HAAS addresses this at the infrastructure level by reducing LP risk and increasing retention/TVL on Polygon-based DEXs. This makes Polygon LPs and vaults more competitive vs passive lending alternatives. Additionally it creates structural demand for hedging wherever LP activity exists
While hedge execution is currently routed to the most liquid perp venues available (often cross-chain), the key point is that hedge demand is generated at the LP layer.By anchoring LP activity on Polygon, HAAS makes Polygon a source of persistent hedge flow, which over time creates a strong incentive for native or integrated perp infrastructure to emerge. In short:
LPs first → hedge demand follows → perps become economically viable
Why Polygon specifically
HAAS is designed to be:
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Modular and reusable across multiple DEXs
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Integratable as a shared primitive (not a one-off app)
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Compatible with future native derivatives or risk markets
Polygon is well-positioned as a coordination layer for this kind of infrastructure, especially given its focus on DeFi composability and long-term ecosystem growth.
Current status
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Team previously built and operated delta-neutral GMX LP vaults (via Umami Finance)
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Core hedging architecture is designed and partially implemented
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Actively exploring initial deployments and ecosystem partnerships
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Seeking early feedback and potential ecosystem support to prioritize development
What we’re looking for
At this stage, we’re primarily looking for:
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Feedback from Polygon contributors on the approach
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Input on how this could best align with Polygon’s DeFi roadmap
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Guidance on whether this fits within Community Treasury / grants programs
Happy to share more technical detail or a short pitch deck if helpful.
Thanks for reading - feedback is very welcome.
Folek
Bonsai / HAAS