What Is Fudge ($FUDGE)? Complete Guide & Review About Fudge

What Is Fudge ($FUDGE)?

Fudge A next-generation seigniorage protocol coming to #AVAX. They are more than just a fork! They are a COMMUNITY built on principles and transparency. Deposits / Withdrawal of STRAW into the Boardroom will lock STRAW for 4 epochs (24hrs) and FUDGE rewards for 2 epochs (12hrs). The above is the same for FUDGE rewards claiming, this will lock staked STRAW for 4 epochs (24hrs) and the next FUDGE rewards can only be claimed after 2 epochs (12hrs).

Coin Basic	Information
Coin Name	Fudge
Short Name	$FUDGE
Total Supply	95,005
Max Supply	N/A
Source Code	Click Here To View Source Code
Explorers	Click Here To View Explorers
Twitter Page	Click Here To Visit Twitter Group
Whitepaper	Click Here To View
Support	24/7
Official Project Website	Click Here To Visit Project Website

$FUDGE Price Live Data

The live Fudge price today is $0.812938 USD with a 24-hour trading volume of $1,403.65 USD. they update $FUDGE to USD price in real-time. Fudge is down 8.06% in the last 24 hours. The current CoinMarketCap ranking is #5991, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

Peg-token for tombfork on the avalanche network. Pegged 1:1 with $DAI.e $FUDGE operates as the governance token for the decentralized finance protocol. If the time weighted average price is >1:1 with it’s target token, $DAI.e, the token becomes inflationary.

Promise

The safety of investors is biggest concern, not only are they investors ourselves but the success of our protocol will be built off the trust and loyalty of community. The team as taken the initiative to pay for a KYC out of pocket. There are many options on the market however they believe you guys deserve the best of the best, therefore, there’s no doubt about it but Assured DeFi is the most reputable of them all. Check out the cool NFT we got with KYC, win-win for all of!

The Sweetest Protocol on Avalanche

A seigniorage protocol designed to expand and contract supply similar to the way central banks trade fiscal debt to stabilize purchasing power. All of which provided without any rebases or collateral risk.

Taste The Growth

FUDGE is a next-generation algo stable pegged 1:1 with DAI and serves as the “governance token” of the protocol. Pairing with a stablecoin provides a safe environment for investors unaffected by the market volatility.

Numbers Speak for Themselves

An ever-growing ecosystem built with success for investors in mind. Check out our statistics since February that showscases our trajectory.

706

Total number of epochs the protocol has been deployed and operating.

65.33%

The ratio at which the protocol has remained above peg and printing.

0.8081

A reflection of the current time weighted average price.

Honesty and Integrity

The IceCream Finance TEAM was founded by a group of investors and developers who were exhausted by the inconsistency of other decentralized finance protocols. They developed our protocol with the two pillars of honesty and integrity, which we as a team will uphold by remaining community based and vocal upon all developments. IceCream Finance was KYC’d by Assure Defi pre-launch to demonstrate our beliefs. They have implemented community voting on important decisions and continue to educate investors as much as possible to protect their capital in all investments.

Pro-Active & Innovative Team

DeFi started off as a niche sector of crypto which has been growing at an unquantifiable rate day by day. In such a rapidly expanding market it’s important that a team develops and implements new and innovative mechanism to set a standard for new protocols.

The team consists of passionate investors right down to the core with a strong understanding of the requirements to satisfy the decentralization of financial independence.

Token

FUDGE token is designed to be pegged to the Avalanche network stable coin $DAI. The built-in stability mechanism in the protocol aims to maintain Fudge’s peg to 1 $DAI token in the long run.

STRAW – Strawberry Shares

Strawberry Shares (STRAW) are one of the ways to measure the value of the Sundae Protocol and shareholder trust in its ability to maintain FUDGE close to peg. During epoch expansions the protocol mints FUDGE and distributes it proportionally to all STRAW holders who have staked their tokens in the boardroom.

STRAW holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Sundae finance ecosystem.