D-Squared is a DeFi Quant Vault-based protocol built for the crypto-native ETH community. It delivers actively managed quant-trading strategies to DeFi-native users on Arbitrum and Avalanche. It aims to provide robust technology security, risk management, and composability. D-Squared offers a range of strategies tailored for different risk appetites and on different platforms. Each strategy has its own dedicated vault, operating on an epoch system. Users deploy funds into their preferred vault at the beginning of the epoch and then withdraw or rollover funds at the end.

Each vault (GLP++, GM, etc.) is a standalone unit made up of two key components: the Vault, and the Trader. The Vault is an ERC-4626 compatible single staking vault, which handles all deposit, withdrawal, and share accounting functions. The Trader is tasked to deploy the vault’s funds according to the vault’s designated trading strategy.

D-Squared is controlled by its joint venture partners, HessianX and BWS Labs. It is not a DAO. D-Squared will engage token holders, vault investors, and community members when making protocol decisions but the creation and approval of all governance proposals will be determined by the joint venture partners alone. In this sense, D-Squared is governed more like a private corporation than a DeFi DAO.

DSQ token is the utility and governance token of the platform. It also provides holders with claims on platform rewards, as 50% of the platform fees generated by the protocol are redistributed to token stakers at the end of every epoch.