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+# Hedgehog strategy 🦔
+
+|  |  |
+| -------- | -------- |
+| Status | Research is completed, smart contracts are being developed |
+| Author   | [Liqui](https://twitter.com/liqui_space)  |
+| Discussion   | Medium  |
+| Labels | LP-strategy |
+| Repo   | https://github.com/leooos33/HDL-strategy-/tree/dev |
+
+## Introduction
+
+An automated strategy that creates a yield-bearing synthetic ETH portfolio by providing liquidity for the ETH-USDC pool on Uniswap V3 and hedging its impermanent losses with LP for the oSQTH-ETH pool.
+
+## Details
+
+The strategy will be implemented as a one-click deposit LP-vault.
+
+* The mathematical model provided in this post: https://medium.com/@yevhenx/hedging-uniswap-v3-with-squeeth-c6c0a8fc5572
+* The post that explained rebalance auction: https://medium.com/@yevhenx/on-rebalance-auction-e43c80d8b1ec
+* Already implemented as an automated trading strategy: https://github.com/leooos33/HDL-strategy-/tree/dev
+* As well as rebalancing bot (keeper).
+* The only part that is left is a front end.
+
+## Milestones
+
+* Prepare the front-end (~2 weeks - 15.05) 
+* Post an educational article on the Hedgehog strategy.
+* Deploy to mainnet and open deposits with a limited capacity of $100k by the 20th of May.
+* Increase capacity
+* Develop a delta-neutral UniCrab strategy (LP for ETH-USDC and hedge it with short squeeth).
+* Develop a long-vol strategy (long squeeth + 2x ETH short).
+
+### Ideal Launch Date
+
+20.05.2022
+
+## Funding Request and Budget Breakdown
+
+12 ETH
+
+* Design + front-end integration, contract deployment + dev infrastructure, community engagement.
+* Development of 2 other strategies.