![](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.