Brokkr Finance Releases Treasury Update

The Brokkr Team recently released details on its treasury in light of $UST loosing its peg.

The team has confirmed that it has stabilized the Brokkr Treasury and have secured runway for at least 2 years.

Brokkr Finance recently launched its IDO on Terra Blockchain and secured most of its funding in $UST. However, the team has already shown that they are  builders as they recently released their Delta Neutral Strategy amongst others.

The team also recently shared its Q2 update.

A brief summary is listed below:

1. UI/UX Improvements: Making the app more intuitive & easy to use with an overall improvement of the user experience.
2. Uncapped Delta Neutral: Raised Caps with automatic liquidation protection.
3. Light Discord DAO: Brokkr's goal is to completely transfer to #DAO and this is the first step in getting there.
4. Hedged $LUNA Strategy: NEW Delta Neutral Strategy that currently yields 40-50%
5. Savings Portfolio: The portfolio made of delta-neutral strategies, and neutral to asset price movements.
6. NFT Staking: NFT staking for LunaBull, Thorguards, Brokkr WL holders.
7. Referral Program: The program will reward everyone who brings new users.
8. Frisky Portfolio & Strategies: This portfolio will be for explorers of degen stuff.

Brokkr Team have confirmed they have more in the pipeline for the community.