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.
Sundae Roadmap
2022 February
- Announce launch date for genesis pools
- Launch IceCream Finance
- Launch the Boardroom
- Invest in marketing / social media influencers
2022 June – Present
- Development of deflationary mechanisms
- Super Zapper and Strategy
- Utility development; Creamery, Nodes and Freezer
- Community education
2021 January
- Start initial announcement on Twitter
- Create Discord and grow organically
- Develop prototype website
- Secure Domain icecreamfinance.app
- Secure KYC from Assured DeFi
2022 March – May
- Introduce new protocol identity
- Rebuild website with modern UI/UX
- Strategic partnerships
- Launch Sundae Finance
- Zap optimization with variable slippage
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