![](https://i.imgur.com/rig8Fkg.jpg) # **Strudel Community AMA 4/19/2021** **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 **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:05]** How's everything going? Any updates? **Ataxia, [19.04.21 12:05]** haha **Ataxia, [19.04.21 12:05]** Be more specific **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:05]** Q: When BSC-ETH bridge? **Ataxia, [19.04.21 12:06]** We initially tried to use multichain.xyz but their process actually doesnt lead anywhere atm **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:06]** Yeah, that was unfortunate **Ataxia, [19.04.21 12:06]** we are exploring other alternatives that dont require getting permission from a team **Ataxia, [19.04.21 12:07]** Our dev team is taking a weekend off after doing the bridge but they are already thinking of how to solve this problem **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:07]** I believe TokenBridge was mentioned as a possibility **Ataxia, [19.04.21 12:08]** We're looking into everything we can, ultimately the back end team will be the one deciding which to implement **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:08]** So yeah, we are just waiting on updates from the back end at the moment. That leads to the next question... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:09]** Q3: Will there be liquidity/incentives added on BSC in the meantime? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:10]** This is a great question for the future too **Ataxia, [19.04.21 12:10]** we are not planning on adding a bsc yield farm **Ataxia, [19.04.21 12:10]** however we can pursue other projects incentivizing trdl and bch liquidity **Ataxia, [19.04.21 12:11]** we are trying to reach out to any project we can to partner and incentivize liquidity **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:11]** [In reply to Ataxia] That's great. If the community has any ideas, please reach out. We're explorin'. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:12]** Alright, next question... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:12]** Q4: Could BCH or BTC bridge be developed in a way to give options to the user which chain they want their vBTC/vBCH to be minted on i.e BSC or ETH? **Ataxia, [19.04.21 12:12]** Good question! **Ataxia, [19.04.21 12:12]** the relayer is very expensive to operate on mainnet **Ataxia, [19.04.21 12:13]** we hope to use the l2 bridge more in the future. I have to see about BTC bridging on L2 but it certainly could be done **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:13]** Speaking from personal experience, using the L2 BSC bridge was heavenly **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:14]** Also, I will be writing up a tutorial about how to use the BCH bridge shortly. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:15]** It's still spitting out great TRDL rewards, for those interested. Let me check the current reward... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:16]** Current rewards: 1 BCH will yield 1 vBCH and 292 TRDL **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:16]** Get it while it's hot, because those rewards go down. Alright, next question... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:17]** Q5: Will the using the BCH bridge boost the issuance multiplier as well ? - If so, what's the ratio, and does it favor BTC more? - More generally how is the team thinking about the issuance multiplier as we add more bridges? **Ataxia, [19.04.21 12:17]** No, right now we dont want to modify too many variables at once **Ataxia, [19.04.21 12:17]** once we settle with the new uni farms and the cross chain bridge we should certainly explore other factors to incentivize lp provision **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:18]** [In reply to Ataxia] Could be a great thing to explore with governance. That actually leads a question from me... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:19]** Q6: What sort of plans do we have to pursue a more active governance? @xatoshi99 , you may be able to answer this one. **Ataxia, [19.04.21 12:20]** So one of the things I think we can sort out is the rewards allocation for different pools **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:21]** [In reply to Ataxia] I agree. There's long been a discussion about this in the chat **Ataxia, [19.04.21 12:21]** We are still creating new kinds of pools to solve our peg and give alot of opportunities for passive income **Ataxia, [19.04.21 12:22]** There is a drawback to governance that there's a bit less flexibility on what we can do on a short period of time **Ataxia, [19.04.21 12:22]** And usually the holders don't have the full picture of what is available. **Ataxia, [19.04.21 12:22]** But once we flesh out our vision and the products are deployed it will be a more straightforward decision of a/b/c **Xavier Vera (I will never DM you), [19.04.21 12:23]** [In reply to His Dudeness | $vBTC $TRDL $NERD] Yeah, so we are currently working on improving and soon integrating the new governance on the dapp, one of the first things we want to do is to allow the community to allocate a % of yielded trdl for development to go towards a digital marketing funnel targeted directly at btc, bch and other centralized assets in order to increase adoption. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:25]** [In reply to Xavier Vera (I will never DM you)] This is a fantastic use of governance. Would be great to have some community input on how to allocate marketing funds, and it also gives TRDL more value. **Xavier Vera (I will never DM you), [19.04.21 12:25]** [In reply to His Dudeness | $vBTC $TRDL $NERD] yeah , and its only 1 of the many things we can do with governance **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:26]** [In reply to Xavier Vera (I will never DM you)] I for one am very excited to see this. TRDL is much more than a reward token. **Xavier Vera (I will never DM you), [19.04.21 12:26]** [In reply to His Dudeness | $vBTC $TRDL $NERD] it is, excited to see governance play a big part of the protocol. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:27]** Alright, next question... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:27]** Q7: What are the plans for vBCH LPs? - Sushi/Uni? - Will they earn TRDL in TERRA? - More generally how is the team thinking about TRDL farming rewards as we add more bridges? **Ataxia, [19.04.21 12:29]** Uni pool, earn TRDL and we want the bridges to act as halvenings **Ataxia, [19.04.21 12:30]** So new bridge makes rewards split among the bridges, there is some design space we want to explore there **Ataxia, [19.04.21 12:31]** The new farm scheme is going to be 40% TRDL-eth, 30% vbtc-eth, 20% bch-eth, and 10% onevbtc-eth **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:31]** [In reply to Ataxia] That's great intel! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:32]** And then of course, this may change after Uni v3 is launched with the vBTC-wBTC pool **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:32]** So many options here **Ataxia, [19.04.21 12:33]** Yep **Ataxia, [19.04.21 12:33]** Also the CR-V pool we just made may get some tokens **Ataxia, [19.04.21 12:33]** Still looking into that **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:33]** [In reply to Ataxia] Great segue into another question we received... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:33]** Q8: ELI5 - Curved Strudels and how this could help with vBTC peg? **Ataxia, [19.04.21 12:34]** The crv protocol is basically a stablecoins stabilizer **Ataxia, [19.04.21 12:34]** We made a pool that uses their code and is much more stable than the uniswap v2 pool **Ataxia, [19.04.21 12:35]** Think of it as univ3 lite in a way **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:35]** [In reply to Ataxia] [ GIF ] **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:35]** I'm still wrapping my head around it. How is the pool going so far? **Ataxia, [19.04.21 12:36]** It's actually going super, made it before the big dip and it has performed better than the uni pool **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:37]** [In reply to Ataxia] But it's not currently receiving rewards, correct? You mentioned above that may change. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:38]** Feel free to chime in with any specific questions about the current topic, everyone **D C, [19.04.21 12:38]** do we have a sense of what % of total vBTC supply needs to be in the CRV pool to benefit the peg as we intend? **Ataxia, [19.04.21 12:39]** Hard to know **Ataxia, [19.04.21 12:40]** [In reply to His Dudeness | $vBTC $TRDL $NERD] Right, only trading fees **BigBopLT, [19.04.21 12:40]** [In reply to Ataxia] Could you check Thunderswap on BSC? Devs working hard over there. You might get some ideas together **Ataxia, [19.04.21 12:40]** [In reply to D C] With liquidity more is more really **Ataxia, [19.04.21 12:40]** [In reply to BigBopLT] Would love to would you mind introducing us? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:40]** [In reply to BigBopLT] Noted. Thanks for the feedback **BigBopLT, [19.04.21 12:40]** [In reply to Ataxia] Will drop pm to thunder dev **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:41]** 🤘 **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:41]** Alright, I think we can head to the next question... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:41]** Q9: Tell us more about CEX listing? Where are we at with getting vBTC,TRDL and vBCH listed? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:43]** @xatoshi99 might be able to chime in on this one too **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:44]** I know we are making headway on a listing. It's just up to @Ataxia1 and @xatoshi99 about how many details they want to share haha **Xavier Vera (I will never DM you), [19.04.21 12:45]** We are working on it , but do not want to create any speculation **Xavier Vera (I will never DM you), [19.04.21 12:45]** We will announce when it happens **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:45]** Fair! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:46]** Alright, next Q... **Xavier Vera (I will never DM you), [19.04.21 12:46]** [In reply to Xavier Vera (I will never DM you)] 😁 **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:46]** Q10: How do we get vBTC and vBCH on coingecko or CMC ? - How can the community help? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:46]** Man, this has been a headache... **Xavier Vera (I will never DM you), [19.04.21 12:47]** It has **Xavier Vera (I will never DM you), [19.04.21 12:47]** its on their end at this point **Xavier Vera (I will never DM you), [19.04.21 12:47]** vbch might be easier since we have a bigger supply **Xavier Vera (I will never DM you), [19.04.21 12:47]** But can always use an extra hand **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:47]** I think volume and marketcap is a part of the equation as well **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:48]** So, it should be no problem as we gain more exposure and use of the protocol **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:48]** But yes, if the community wants to reach out to CG or CMC in any way, we'd really appreciate it! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:49]** We will certainly keep trying **Xavier Vera (I will never DM you), [19.04.21 12:49]** [In reply to His Dudeness | $vBTC $TRDL $NERD] yes!!! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:50]** Alright, next Q, regarding one of my favorite pieces of news lately... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:50]** Q11: Tell us more about the AGA partnerships and how will this benefit Strudel? - When do we start onboarding them? - Are there more partnerships like this lined up? **Ataxia, [19.04.21 12:52]** Yeah we are talking with several miner groups in order to get this new farm to table modality set up **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:53]** There's so many benefits to this... **Ataxia, [19.04.21 12:53]** Aga is just starting to explore the ecosystem and we'll be having them shown around soon. They are going to be a key partner since they can provide consistent buying pressure **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:54]** [In reply to Ataxia] Absolutely. Liquidity, volume, bonus multipliers... The list of benefits to these types of partnerships is endless **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:55]** Speaking of partnerships... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:55]** Q12: Tell us some more about our VC investor frens **Ataxia, [19.04.21 12:56]** They're based on Dubai **Ataxia, [19.04.21 12:56]** They know people **Ataxia, [19.04.21 12:56]** Let's leave it at that **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:57]** Hahaha. Yep. We are also actively pursuing other VC opportunities. Some are more private than others... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:58]** This next question is actually a really good one for the community to know. I know it must be confusing... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 12:58]** Q13: I don’t really understand how the NERD team/project structure works and how much focus is given to Strudel v.s other projects? - What is the breakdown of resources (Devs, Funds etc) dedicated to Strudel? - Strudel seems like a project that deserves full-time resources to grow (Devs, Marketing, Partnerships etc), does the current NERD project structure provide this? **Ataxia, [19.04.21 13:00]** [In reply to His Dudeness | $vBTC $TRDL $NERD] Nerd is the operational lalyer of what we're trying to build. The goal is for the strudel protocol to be the value layer and between these two we can create a lot of value as a community **Ataxia, [19.04.21 13:01]** The thing is that we're working with resources that arent really finite in the traditional sense, so instead of thinking of isolating our efforts we want to create a system where every protocol has a larger role in the infrastructure we are building **Ataxia, [19.04.21 13:01]** There are people dedicated full time to trdl, mainly the back end team **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:02]** [In reply to Ataxia] Great way to put it **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:02]** Alright, we have 3 more questions! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:02]** Q14: Have we considered a small tax/fee for using the bridge (similar to ICHI when minting onevBTC) that could be collected in a treasury to be used however the governance voted (i.e distributed to TRDL holders etc). - What are the arguments against such a fee? - Would this ever be up for a governance vote? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:04]** I actually like this idea at first glance, but I'm not a smart man **Ataxia, [19.04.21 13:04]** We have to think about it. We would be the only wrapper charging for this service which i find a bit much tbh **Ataxia, [19.04.21 13:04]** and since the bridge isnt being used all the time i think it would be a bit of a hindrance **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:05]** [In reply to Ataxia] But we're also the only one giving rewards for using the bridge. Perhaps a small percentage of those rewards could be put in a fund. Just spitballin' here. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:06]** [In reply to Ataxia] Yeah, we definitely couldn't rely on it as a sole source of funding at this point **Ataxia, [19.04.21 13:06]** Yeah, there's other ways we could seed a fund **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:06]** [In reply to Ataxia] Great thing to explore, I think. **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:07]** Alright two questions left and then we can open it up to a few more free-for-all questions. Here's one question I know you've all been waiting for... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:07]** Q15: Is the vDoge bridge in plan? It has to be the best marketing opportunity right now **Ataxia, [19.04.21 13:08]** yeah its a plan, the thing is doge has a different hashing algorithm than BtC so theres alot of work needed there **Ataxia, [19.04.21 13:08]** we've been talking about it for a while with the dev team but its complicated **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:08]** Have we looked into LTC, by chance? **Ataxia, [19.04.21 13:09]** same deal, but less drastic **Ataxia, [19.04.21 13:09]** we can strudel anything but we are taking it slow **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:09]** Yeah, we just launched the vBCH bridge, so let's get that fully functional first and take it one bridge at a time **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:10]** But it definitely is exciting to think about future opportunities **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:10]** That's always up for discussion **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:10]** Okay, last question from the document... **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:10]** Q16: Has there been any discussion about using Seigniorage Shares to support the peg, per the Strudel Medium from a while back? **Ataxia, [19.04.21 13:11]** great question! the seigniorage shares are being reimagined to work alongside univ3 and the new pool system **Ataxia, [19.04.21 13:12]** ideally it will provide a source of both trdl and vBTC to be managed by gTRDL holders as they see fit **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:12]** More governance! **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:12]** Love it **Ataxia, [19.04.21 13:12]** yeah we really wanted to have "something" to govern for the gTRDL holders **Ataxia, [19.04.21 13:13]** and now that we have 2 bridges and like 5 LPs to chose from i think we have managed just that **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:13]** Man, I'm squirming with excitement for Uni v3 **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:14]** Alright, that wraps up all the questions from the document. I must say, those were some incredible questions from you guys. I think this format works very well. Let's open it up to the community for a few final questions if there is any. Shoot! **Mark C, [19.04.21 13:15]** Quasi covered earlier, but is there a time estimate as to when the multichain bridge back to eth will be ready? **Mark C, [19.04.21 13:15]** Assuming once that’s live, vBCH LPs will be live **Ataxia, [19.04.21 13:16]** its our top priority **Ataxia, [19.04.21 13:16]** yes **Ataxia, [19.04.21 13:16]** once we bridge that back we can make the new pools **Ataxia, [19.04.21 13:16]** we hope to give an update this week **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:16]** Yes, this priority A, B, and C right now **Mark C, [19.04.21 13:16]** Cool **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:17]** If someone wants to send me $4000 in BNB, I'll add a bunch of liquidity on BSC **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:17]** xD **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:18]** Alright, anything else you guys? **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:18]** I see you typing Mark **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:18]** Don't think I don't see you typing **Mark C, [19.04.21 13:19]** Just gonna ask about liquity on bsc for vBCH and TRDL **Mark C, [19.04.21 13:19]** But saw that was covered earlier **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:20]** [In reply to Mark C] Yeah, I want to look into this Thunderswap suggestion **His Dudeness | $vBTC $TRDL $NERD, [19.04.21 13:21]** Alright, everyone, let's put an official close on this AMA. Thanks for coming out everybody. Thanks for the great questions, and thanks to @Ataxia1 and @xatoshi99 for the excellent responses! I'll write this AMA up in a document and share it soon.