Strudel DAO Launch Strategy

Published on: 10.01.2022

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

Market Stats:
BTC Dominance: 59.83%(-0.15%/24h)
ETH Dominance: 9.88%(+0.01%/24h)
Defi Market Cap: $0B(+27.77%/24h)
Total Market Cap: $2534.09B(-0.95%/24h)
Total Trading Volume 24h: $95.25B(+41.87%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1017.85B
Altcoin Volume 24h: $59.35B
Total Cryptocurrencies: 37581
Active Cryptocurrencies: 8361
Active Market Pairs: 114111
Active Exchanges: 947
Total Exchanges: 12197
BTC: 75665.81$(0.11%/1H)
ETH: 2074.48$(0.09%/1H)
AVAX: 9.18$(0.25%/1H)
BNB: 650.9$(-0.16%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.24$(0.03%/1H)
DOT: 1.27$(0.26%/1H)
UNI: 3.28$(0.48%/1H)
CAKE: 1.41$(0.04%/1H)
SUSHI: 0.2$(0.23%/1H)
ONE: 0$(0.27%/1H)