Strudel DAO Launch Strategy

They are deploying a bond issuing platform on FTM following Olympus DAO’s architecture. The objective of the bonds will be twofold: Acquire treasury assets to secure yield farming incentives and control a majority of the vBTC supply to manage the peg effectively and farm the incentives the protocol has acquired to produce revenue for its users.

The protocol will eventually offer ORK/$TRDL bonds to produce a deep liquidity to swap between tokens. The exchange rate between $TRDL and $ORK will be determined by this pool. This allows a mutually beneficial relationship between both token supplies where they build a treasury asset that increases $TRDL liquidity and earns revenue for the protocol that they will distribute to gTRDL stakers.

 

Source

https://medium.com/@strudeldao/ftm-strudel-launch-strategy-84d08a9b63b8

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