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: 58.98%(+0.21%/24h)
ETH Dominance: 10.26%(-0.09%/24h)
Defi Market Cap: $0B(-0.71%/24h)
Total Market Cap: $2230.79B(-0.05%/24h)
Total Trading Volume 24h: $60.63B(-1.53%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $915.01B
Altcoin Volume 24h: $36.48B
Total Cryptocurrencies: 38389
Active Cryptocurrencies: 8145
Active Market Pairs: 110508
Active Exchanges: 961
Total Exchanges: 12487
BTC: 65586.84$(0.31%/1H)
ETH: 1896.71$(0.74%/1H)
AVAX: 6.29$(0.43%/1H)
BNB: 570.2$(0.35%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.17$(0.68%/1H)
DOT: 0.81$(0.23%/1H)
UNI: 3.86$(1.08%/1H)
CAKE: 1.4$(0.58%/1H)
SUSHI: 0.17$(1.07%/1H)
ONE: 0$(1.42%/1H)