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

What Is Fudge ($FUDGE)?

Peg-token for Fudge 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.

$FUDGE A next-generation seigniorage protocol coming to #AVAX. They are more than just a fork! We are a COMMUNITY built on principles and transparency.

Important Points Table Of Fudge

How to Buy the Continental & Trade On Exchange?

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 shows cases trajectory.

707

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

65.24%

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

0.7940

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 they 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 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.

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.

All $FUDGE token transactions (selling/buying $FUDGE) are subject to a tax at x rate (currently 2% but subject to change according to what’s best for the protocol) that will be deposited directly into the protocol’s treasury.

Platform

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).

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