DeFi protocol Redacted announced the launch of Hidden Hand V2, which introduces new features and adds support for Arbitrum and Polygon zkEVM.
Hidden Hand is a marketplace for governance incentives, commonly referred to as "bribes". Protocols can leverage Hidden Hand to enable more efficient governance processes and to engage their voters, while users can earn extra yield on vote-escrowed governance tokens through bribes. New features of V2 include:
Range Bribes: enable bribers to set a specific reward rate per vote, providing better control over bribe spending and ensuring voters know their potential rewards beforehand
Limit Bribes: also known as Fill or Kill orders, enables bribers to set a maximum amount of tokens per vote, allowing partial fills and refunds if the deposited bribes aren't fully utilized
Yield Harvester: an opt-in reward vault that streamlines Hidden Hand reward claims by consolidating gas costs and converting various bribe tokens into $WETH
Hidden Hand V1 supported Ethereum and Optimism, and V2 adds support for Arbitrum and Polygon zkEVM. In addition, V2 will launch new partner markets for Pendle, Premia, Aura, and Camelot.
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DeFi
Governance
Arbitrum