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Brokkr Finance Releases Treasury Update
May 12, 2022 #News #Brokkr Finance

Brokkr Finance Releases Treasury Update

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

Kadesh

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.

The cave you fear to enter holds the treasure you seek