What Is Strawberry Share($STRAW)? Complete Guide & Review About Strawberry Share

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What Is Strawberry Share($STRAW)?

The live Strawberry Share price today is $1.47 USD with a 24-hour trading volume of $774.83 USD. They update $STRAW to USD price in real-time. This is up 3.55% in the last 24 hours. The current CoinMarketCap ranking is #6117, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. The share token of Sundae Finance. $Straw has a limited supply. The tokens utility is the ability to invest into the Sundae Finance boardroom to earn emissions in the form of the protocol’s peg-token $FUDGE.

Strawberry Key Points

Coin BasicInformation
Coin NameStrawberry
Short Name$STRAW
Total Supply70,001
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

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 the investors in mind. Check out the statistics since February that showscases the trajectory.

721

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

63.97%

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

0.9010

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. We developed 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.

Meet The People Behind it All

Gelato

Head Blockchain Developer Tokenomics

Neopolitan

Head Web Developer Blockchain Developer.

Sherbert

Head of tokenomics Marketing & Communications

Platform

Boardroom

  • Epoch duration: 6 hours 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).

Distribution of FUDGE During Expansion:

80% as Reward for the Boardroom go to STRAW stakers 15% goes to DAO fund 5% goes to DEV fund

Distribution of FUDGE During Expansion:

80% as Reward for the Boardroom go to STRAW stakers 15% goes to DAO fund 5% goes to DEV fund.

Rate of Expansion: The rate at which the boardroom expands and mints new FUDGE tokens is set by a dynamic set of tiers

  • Tier 1: 0 to 500000 FUDGE –> 2%
  • Tier 2: 500000 to 1000000 FUDGE –> 1.75%
  • Tier 3: 1000000 to 1500000 FUDGE –> 1.5%
  • Tier 4: 1500000 to 2000000 FUDGE –> 1.25%
  • Tier 5: 2000000 to 5000000 FUDGE –> 1%
  • Tier 6: 5000000 to 10000000 FUDGE –> 0.75%
  • Tier 7: 10000000 to 20000000 FUDGE –> 0.5%
  • Tier 8: 20000000 to 50000000 FUDGE –> 0.5%
  • Tier 9: 50000000 and greater FUDGE –> 0.25%

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.

Note that FUDGE actively pegs via the algorithm, it does not mean it will be valued at 1 $DAI at all times as it is not collaterized . FUDGE is not to be confused for a crypto or fiat-backed stable coin.

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.

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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