Strudel DAO (👻,🌪)

$FTM newest Metagovernance Protocol. Leveraging $SPIRIT new gauge system to pose as an ecosystem proxy. The missing piece to the perfect storm.

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Why do meta-governance protocols matter? What is The Orkan? How does it compare to others like it?

Let’s attempt to address these ?’s and reveal the super utility that this type of protocol provides users with, whatever chain it’s on.

A thread 🪡🧵

[Strudel DAO (👻,🌪) @EnterTheStrudel]

All roads lead to vBTC, Exhibit #1:

1. You buy $TRDL on LP with $ETH
2. Put your $TRDL into the LP with vBTC.
3. You get vBTC and you are happy.

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Yes. Gm.

[Strudel DAO (👻,🌪) @EnterTheStrudel]

We’ll say it again in case you haven’t heard it before: vote for Orkan now! (pls).

🔗: https://t.co/H1Bp6ZNFbe

[Strudel DAO (👻,🌪) @EnterTheStrudel]

For those who didn’t know: Strudel secures a significant portion of the BTC network for our DeFi ecosystem. 💯

Merging BTC & DeFi irreversibly. 🌪

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Why not start the week by connecting your wallet to our LP, this way you'll be able to gain vBTC that will be used to buy Bonds. 📈

And we all know bonds is a free moneymaker for our wallets! You can't miss out on them. 💯🙌🏻

[Strudel DAO (👻,🌪) @EnterTheStrudel]

You know what our plans are on Sunday:

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Some gnarly friends of ours have a message for all our Orks:

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Strudel did its job. Orkan did its job. 🌪
$MitiCushqui will become one of the most reliable reserve currencies in DeFi. 📈

[Strudel DAO (👻,🌪) @EnterTheStrudel]

At the same time, the reserves acquired will be deployed to obtain interest-bearing opportunities for $M and vBTC holders throughout the FTM DeFi ecosystem. 🌪

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Orkanization:
In the FTM network, ORKAN offers perpetual bonds offering Orkan tokens for vBTC and $M which generate consistent buying pressure for vBTC which pulls tokens from the Ethereum network into Fantom. 🤝🏻

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Orkan aims to create the largest on-chain BTC repository and removes vBTC from circulation, reducing the floating circulating supply and increasing the main net vBTC price.

[Strudel DAO (👻,🌪) @EnterTheStrudel]

With the upcoming of our stable coin: $MitiCushqui. 💸

Being able to be part of our pool and have the chance of obtaining bonds, will be one of the most stable platforms there is for all of those bullish degens! 🌪

[Strudel DAO (👻,🌪) @EnterTheStrudel]

A vote for Orkan is a vote for yourself. 🤝🏻

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Knowing that you can connect your wallet through our LP to gain vBTC and being able to use it anywhere in our market, is truly a game changer. 💯

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Don’t forget that it’s so easy to vote for Orkan and be part of this movement. 🌪

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Once we manage to achieve the peg we know that value will have been created for the protocol which we can compound by offering a product that can be built upon by other protocols which are also creating on-chain value.

[Strudel DAO (👻,🌪) @EnterTheStrudel]

Entropy Reduction = Value Creation 🤝🏻
Imagine you could deploy custom laws of physics. That’s what solidity is like.
Don’t get what we mean? Here’s a thread 🧵👇🏻:

[Strudel DAO (👻,🌪) @EnterTheStrudel]

In the case of StrudelDAO, our source of entropy is the vBTC peg. Our protocol aims to reduce this entropy by deploying incentive structures that produce energy to incentivize actions that achieve this goal.