Hello again, Strudel people! For the past few weeks, the brilliant minds at Strudel have been researching how to get involved in the booming NFT market. We’ve come up with a plan…

NFTs and DeFi

The NFT market is booming and for good reason. The main driving force for this is the Crypto Punk mania. Over the past seven days the Punk collection has moved over 25,000 ETH in sales, taking the floor of the collection to a new all-time high. This has been widely received by the market as proof that NFTs and NFT collections are valid stores of value. …


Mare Imbrium, one of the largest craters in the solar system!

Quick Links

Strudel Finance now has an indexed Balancer pool for all their ecosystem’s liquidity, but what IS a Balancer pool?

Balancer is an automated portfolio manager, liquidity provider, and price sensor. Balancer pools turn the concept of an index fund on its head. Instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance the fund by following arbitrage opportunities.

Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom…


At last, the Strudel governance update has been activated, allowing gTRDL holders to automatically earn a fixed interest rate on their Strudel Token (TRDL) deposits. This is the culmination of weeks of development effort and proxy contract interactions that we have been grappling with. Now we have a solution for long-term TRDL holders to have a voice in governance while avoiding impermanent loss and earning interest on their investment.

How the Contract Works

The smart contract creates an NFT of the user’s deposit and their unlock date. The lock function creates gTRDL for the user which represent their voting power on governance issues. …


Derek Zoolander, getting ready to mine the wBTC-vBTC Uni V3 pool

One of the things Strudel has been working on for the past few weeks is the incentivization of the Uni v3 vBTC-wBTC pool. We have been tinkering with solutions while waiting on the market to develop tools to help our cause. Our patience has paid off!

Covenants has come out with general-purpose farming contracts for Uni V3. Their implementation has several unique features which will be of service for our protocol’s use case. …


Overview

Strudel Finance is the first and only one-way, trustless bridging protocol linking Bitcoin (BTC), Bitcoin Cash (BCH), and future assets to the expanding DeFi landscape. Powered by the governance token, Strudel Token (TRDL), Strudel allows BTC, BCH, and other assets to be utilized in the Ethereum and Polygon ecosystems to reap the benefits of liquidity mining, cross-chain arbitrage, and index funds with a goal to incorporate lending and collateralization in the near future.

By eliminating the need for custodial control of assets with typical wrappers, Strudel’s trustless protocol trades off counterparty risk for market risk while using market dynamics, crypto-economic…


Since implementing phase 1.1 of the SLIR proposal we have been getting questions from the community about the rationale of pursuing the Balancer pool and what it means for the project as a whole. After gathering some data in the past few weeks we wanted to use this post to explain the finer points of our economic policy at the Strudel protocol.

Strudel Macro View: Reduce the Float!

One of the issues we found when we took over the project in February was that the Strudel Token (TRDL) had a lot of floating supply, meaning that there were a lot more tokens in wallets than in…


The Problem:

The current market trend is extremely volatile, and new users are often drawn towards high-risk “cheap” meme coins that often lead to massive losses and dangerous rug pulls. We have also noticed that these users tend to perceive BTC as “too expensive” and many do not have an allocation for it in their portfolios.

There is also an issue with Ethereum gas fees for the average user where trading becomes too expensive to perform on a regular basis. This is not healthy for the ecosystem because meme coin investors are often left holding worthless tokens.

The Plan:

Grumpy Sat (gSAT) is the…


Dear Strudelers,

Now that the Strudel development team has wrapped up the new governance implementation, the fully trustless one-way vBCH L2 bridge to BSC, and the two-way BSC-ETH bridge, it is finally time to start pushing forward with plans to grow our ecosystem and push for increased adoption. Up to this point, the Strudel development has relied on the farming allocation to the development multisig and out-of-pocket contributions from the development team to create the products that we enjoy today. Strudel is very much a labor of love from the people involved and the community that supports us. …


Uniswap v3 is upon us and we have been looking at the functionalities of the farm and have now started to write our new farming contracts. In the meantime, we feel like it’s time to review once again our incentive schedule to best align them to the goals of the Strudel protocol.

The Current Setup

The current farming setup is centered around vBTC:ETH UNI-V2 LP and TRDL:ETH SLP pools which currently receive 80% of the farming rewards. Additionally, 20% rewards are supporting the oneVBTC:ETH pool. …


We are happy to announce our new partnership with the Cometh.io team! We have created liquidity pools for $TRDL and $vBTC in their DEX on Matic. The Cometh team has agreed to a liquidity incentive program for our tokens which will reward both $MUST and $TRDL to liquidity providers. With this, we expand our offerings for passive income for our community and are happy to welcome the $MUST community to our midst. You can check the details of the liquidity program below:

Strudel Finance

Strudel Finance is the first and only one-way, trustless bridging protocol linking Bitcoin (BTC), Bitcoin Cash (BCH), and other centralized assets to DeFi.

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