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 incentives and cross-chain capabilities to maintain a pegged, scalable, and capital-efficient ecosystem. This one-of-a-kind economic approach offers average users and big money investors alike numerous options for monetary growth and grants more diversity and security to DeFi. Recent Updates This section will be updated regularly to provide a resource for users to learn about recent Strudel developments. Keep this page bookmarked, follow our Medium page, and follow the official Strudel Telegram group to stay on top of the news. More to come soon! Notes: Medium articles linked in titles. Newest updates are listed first.

Mare Imbrium, one of the largest craters in the solar system! Quick Links Mare Imbrium Fund Balancer pool Mare LP token staking on Strudel Farms Mare Fund Etherscan 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.

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 liquidity pools or staking contracts. Having a high float causes alot of selling pressure and volatility which can be detrimental to a project's growth. To address this we took a three-pronged approach. First, we built the gTRDL staking contract, which pays interest to users who deposit their TRDL to be able to participate in governance activities. The second intervention consisted of creating more cross-chain opportunities, which incentivized users to take TRDL off mainnet. We are on our third week of incentives at Cometh.io in Polygon and are looking to expand that program and other opportunities. Finally, we created the Mare Imbrium Fund, which allows users to deposit their TRDL single sided and bring demand to the rest of the protocol's tokens. The Outcomes With the measures described we have managed to drastically reduce the floating supply. Currently nearly 50% of the supply is either in a long-term staking setup on gTRDL or collateralized by liquidity in our different programs (see picture below). We hope that over time the % will increase to a greater steady state. We are still offering gas refunds for those who wish to add liquidity to the Mare fund. DM an admin with your "Execute" transaction id numbers.

His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:03] Alright, alright, alright, welcome everybody to the Main Event. THEE one and only April 19, 2021 Community AMA His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:04] We can jump right into the first question as a great way to start. Q: ELI-5 everything that’s going on with Strudel His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:04] That's a loaded Q

Download the Bitcoin.com wallet. Android link Apple link Purchase Bitcoin Cash using the Bitcoin.com app or your preferred on-ramp (Coinbase.com, Crypto.com app, etc.). If you purchased BCH 3rd party, click My BCH wallet in your Bitcoin.com wallet and click Receive. Send funds to your Cash address by copy/pasting the address in your 3rd party application or by using the provided QR code. It's always good to do a test transaction first. Once all BCH is received in your BCH wallet, proceed to Step 4. If you bought BCH directly in your Bitcoin.com wallet, proceed to Step 4 as well. NOTE: If necessary (like it is on Binance) remove the "bitcoincash:" prefix from the address. I have no idea why this exists. The BCH Cash address comes after the colon.

His Dudeness | $vBTC $TRDL $NERD, [04.05.21 17:33] Alright, gang. Let's give a rowdy welcome to @Mindspheres, from the Rainicorn team! They'll be here to talk about their project, their unique deflationary approach to NFTs, as well as some big news that just happened. Let's do this thing! jayohhvee (Looking for Presales), [04.05.21 17:34] [ 👍 Sticker ] Mindspheres - Dev, [04.05.21 17:34] Thanks for having me guys! Gattz, [04.05.21 17:34]

Update $TRDL-ETH SLP link: https://app.sushi.com/add/ETH/0x297D33e17e61C2Ddd812389C2105193f8348188a Update oneVBTC-$TRDL link: https://app.sushi.com/add/0x7BD198b9107496fD5cC3d7655AF52f43a8eDBc4C/0x297D33e17e61C2Ddd812389C2105193f8348188a Fix oneVBTC pool "4" bug

Hello everyone! The Strudel team has been researching new ways to deploy vBTC in order to incentivize and mantain the peg. One of the solutions we have researched using is Curve Finance (CRV), a project long on the forefront of stablecoins and stablecoin utility. CRV has created a pool factory deployment that was front ended by the Yearn team at crv.finance We have already been following this product for some time but finally we have managed to seed the liquidity on a v2 pool. The pools are called Metapools, which means that we are pairing vBTC with the 3CRV Bitcoin LP. This gives the user the ability to swap vBTC for any of the underlying Bitcoins in the CRV pool and therefore reduce slippage. Additionally the CRV protocol offers an amplifier that reduces slippage on stablecoin swaps, similar to the effect we are looking for with Uniswap v3. Users can now add liquidity to earn fees or swap vBTC on this pool (use small orders). Another arbitrage opportunity has been created since at the moment vBTC is more expensive in this pool than Uniswap. We will be testing this pool for some days as we consider adding a TRDL incentive in order to improve liquidity. We are excited about the possibility of having bigger players leverage this pool in a vault-type strategy which could generate enough passive buying activity to provide another way to help sustain the peg long-term. We hope to get your feedback on this solution and have a conversation about how the yield incentives could be rearranged. Strudel on!

Founded by Tomasz Wojewoda, AGA is mining-backed yield farming with incentives for holders. Liquidity providers receive yield and stakers lockup tokens and receive staking rewards in AGA. Once a week, mining rewards are used to buy back AGA from the open market. The AGA circulating supply is less than 3,000,000 with a total supply of 6,000,000. We at Strudel are happy to announce that AGA has recognized the potential of Strudel to enhance their token model by guaranteeing participation in our protocol. Strudel and AGA will facilitate a solution that instantly converts AGA mining rewards (BTC, BCH) into vBTC and vBCH by utilizing the respective Strudel bridges. Bridged assets will also be added to liquidity in order to deepen pools and decrease volatility. This will be a major milestone with big implications as we onboard more miners who want to have the value they have earned available in DeFi protocols without intermediaries or trusted third parties. Most importantly, as far as Strudel is concerned, is that AGA will be providing a regular supply of bridged assets that will be used to deepen liquidity pools and boost bonus multipliers for farmers. If farming rewards weren't enough incentive previously, they will most certainly be now. The AGA and Strudel development teams have exchanged tokens to signal this partnership and initiate our long term relationship. Regarding the partnership, Tomasz states: "The Strudel Protocol has the potential to play a major role in the tokenized Bitcoin landscape. By providing a truly different product they stand apart from other projects in the space. The AGA team is thrilled to participate in the project and will be looking to leverage the oportunities within for a long period of time."

Greetings, Strudel Nation. It has been an incredible week at Strudel.finance and we wanted to share some updates with the community. And make no mistake, this is just the beginning... via GIPHY The Strudel Premium The Master Chefs over here at Strudel Finance started off by baking vBTC, now the price has not only been restored to its 1:1 BTC to vBTC value, but has now surpassed the market price of BTC by about 2% as of writing. What happened? Well, along with incredible community support, the team was able to pitch our humble little bakery to a group of venture capitalists, convince them to enter the vBTC liquidity pools and support the project. They recognized that it gave them exposure to Bitcoin's price but with the significant advantage of having access to liquidity pool interest, yield farming, lending, borrowing and the whole range of tools that decentralized finance has to offer. That and an increase in market interest and bam! Fully restored (and then some) Strudel Bitcoin price. You're welcome. Now go apologize to a dev or admin for the 1000 questions of "what's happening?". Better yet, buy them a delicious flaky pastry and tell them you love them. Price at the time of writing: vBTC price: $61,365