April 2026: Ethereum Compatibility Hard Fork Preparation🔧, Hedging in Production 🦔
The team moved their primary hedging strategy into production this month after a series of refinements that added dynamic wallet hedging, drawdown safeguards, and a filter that skips trades when costs outweigh the risk being managed. Backtests now run on full-year data through Google Cloud, and Yuriy rebuilt the strategy Leaderboard as an interactive React dashboard that ranks performance by risk-adjusted return. Rika cut the runtime of fee validation substantially and resolved a data bug that left phantom positions in historical records. On the protocol side, Gheis advanced preparations for Harmony's largest hard fork to date, Konstantin deployed network time corrections to the development network, and Ulad's stress tests caught two timing edge cases before they could reach mainnet.
Community attention centered on hard fork progress and ecosystem milestones, with kratos.crazy.one noting that Harmony’s second mainnet launch is approaching. Validators including Fortune.ONE, TecViva, and Mintbes continued onboarding delegators and promoting staking. Crypto_Land_DAO marked two years of community building in DeFi.
Week of March 30th
Aaron deployed multisig-based trading through Zodiac, which allows a team to execute trades from a shared wallet with configurable permissions, and built a command system to pause positions or withdraw funds. He also retired an older pricing module in favor of swap-tick pricing and shipped scripts to repair historical timestamp data. Yuriy released a new version of the hedging strategy with directional trend filtering and regime-dependent hedge ratios, then moved to longer backtests covering both bull and bear conditions. Rika investigated fee calculation inconsistencies and ran batch tests on a copy-trade strategy that mirrors the positions of top-performing wallets.
In the community, Crypto_Land_DAO and HarmonyOne Español continued outreach efforts, while Fortune.ONE published wallet and staking guides for new users. CLD_Validator thanked recent delegators, and The Crypto Carpenter encouraged consistent staking habits, citing restakes with Hound Validator and Crypto_Land_DAO.
Top 3 Team Progress
Aaron: Deployed multisig-based trading through Zodiac with pause and withdrawal commands, and added timestamp repair scripts for historical event data.
Yuriy: Released a hedging strategy update with trend filtering and a rehedge cooldown, and established a full-cycle backtesting workflow.
Gheis: Aligned legacy encoding with Ethereum standards and introduced sentinel error handling for event decoding ahead of the upcoming hard fork.
Week of April 6th
Yuriy shipped successive iterations of the hedging strategy, layering in dynamic wallet hedging, volatility-regime scaling, drawdown guards, and a filter that skips rehedges when the cost exceeds the risk being corrected. The new version sharply reduced maximum drawdown compared with unhedged liquidity provision, though transaction costs remain the strategy’s main drag on returns. Rika fixed a bug in which burned positions were generating phantom entries in future data snapshots. Aaron reviewed the latest hedge variants, deployed the backtest leaderboard, and tracked down sources of high memory usage in stuck backtesting jobs.
Mintbes highlighted the rollout of one-second finality on Harmony, while TillyONE pointed to the network’s low-cost, fast transactions as a fit for AI trading and cross-agent coordination. Crypto_Land_DAO continued inviting newcomers to learn about DeFi and onboarding through their Discord and website.
Top 3 Team Progress
Yuriy: Shipped multiple hedging strategy iterations with dynamic wallet hedging, drawdown guards, and cost-benefit filtering, sharply reducing drawdown.
Rika: Resolved fee and data integrity issues, including a bug where burned positions created phantom entries, and built a tiered verification system for historical data.
Gheis: Refactored several Ethereum Improvement Proposal pull requests for the hard fork, with multiple now merged ahead of the development network deployment.
Week of April 13th
Aaron prepared the hedging strategy for production, built a reproducible deployment pipeline, and shipped asymmetric liquidity provision with automatic token rebalancing. Yuriy ran a full-year backtest showing all active strategies outperformed simply holding the underlying assets, and rebuilt the Leaderboard as an interactive dashboard with filters, scatter plots, and new comparison metrics. Rika cut the runtime of fee validation through liquidity index reuse and swap prefetching. Konstantin merged the network time changes and rolled them out to the development network with Ulad, then began refactoring cross-shard receipts as part of the Ethereum Virtual Machine upgrade.
AthleteFi published their March review, noting a new chief technology officer and progress on their marketplace and booking engine. Fortune.ONE promoted staking through their validator, and Mintbes shared Harmony artwork.
Top 3 Team Progress
Yuriy: Rebuilt the Leaderboard as an interactive dashboard and ran a full-year backtest showing the Naked Hedge strategy delivered the only positive net returns.
Rika: Significantly optimized fee validation runtime, added protocol-fee handling for partially staked positions, and shipped fixes for phantom positions and historical gauge resolution.
Aaron: Prepared the hedging strategy for production, built a reproducible deployment pipeline, and deployed asymmetric liquidity provision.
Week of April 20th
Aaron tuned the hedging strategy’s activation performance, deployed it to production, and improved the performance reporting system. Yuriy released a Leaderboard update that ranks strategies by risk-adjusted annualized return by default and migrated the interface from inline Python templates to a self-contained React application. Rika reviewed production documentation and began work on dynamic range logic for liquidity provider positions. Ulad’s testing of the network time hard fork on the development network, surfaced same-second block production and an overly permissive 15-second future block tolerance that could let a faulty leader steal time from the next, both of which were addressed.
Crypto_Land_DAO celebrated two years of community building. Kratos.crazy.one shared hard fork updates from the development team and noted that Harmony’s second mainnet launch is approaching. HarmonyOne Español and Mintbes voiced continued support for Harmony development, and TecViva thanked delegators for staking with their validator.
Top 3 Team Progress
Yuriy: Released a Leaderboard update ranking strategies by risk-adjusted return and migrated the interface to a decoupled React application with shareable URLs.
Ulad: Tested the network time hard fork on the development network, identifying and resolving two timing issues, and evaluated new providers for archival node migration.
Aaron: Refined hedge activation performance, deployed the strategy to production, and improved performance notifications and reporting.
Week of April 27th
Aaron worked through fee integrity and data integrity reviews, fixed duplication in snapshots tied to null token identifiers, and refined fee share calculations and charts before turning to the latest Leaderboard review. Rika shipped continuous-width logic for liquidity provider positions in the hedging strategy, and began wiring net asset value data from cloud storage into the next Leaderboard release. Gheis rebased and refactored several pull requests against the latest upstream Ethereum changes, with two now merged and two more ready for final review ahead of integration. Ulad provisioned and configured a new archival node, updated a Base RPC node to support an upcoming hard fork, and worked with a contributor on a newly surfaced development network issue in which the leader validator intermittently fails to produce new blocks.
Mintbes and Fortune.ONE encouraged token holders to put idle assets to work through staking, with both validators publishing wallet and delegation guides. Kratos.crazy.one teased the approaching rollout of one-second finality on Harmony. HarmonyOne Español pointed community members to Crypto_Land_DAO’s Discord as an entry point for learning about DeFi on Harmony.
Top Team Progress
Aaron: Reviewed and revised fee and data integrity work, fixed snapshot duplication tied to null token identifiers, and refined fee share calculations.
Rika: Shipped continuous-width logic for liquidity provider positions in the hedging strategy and began wiring net asset value data from cloud storage into the next Leaderboard release.
Ulad: Provisioned and configured a new archival node, updated a Base RPC node for an upcoming hard fork, and helped diagnose a new leader-validator block production issue on the development network.
April closes with the hedging strategy running in production, the Leaderboard rebuilt as a full dashboard for cross-team strategy comparison, and fee and data integrity tooling validated and merged. The protocol team enters May with the network time hard fork tested on the development network, several Ethereum Improvement Proposals staged for integration, and archival node migration under evaluation. 💙