Stake with Nerd and Nerd2

You can now track Impermanent Loss directly on our platform ✨ This will help give you a clearer picture of your LP positions. This current view doesn't include proceeds from yield farming, but that's coming in a future iteration! Stay tuned🤘

Proud to have cultivated a team of leading experts in Hydra development and are grateful for the opportunity to build Hydra DOOM.

Happy New Year! In January, the Sundae Protocol generated a total of 56,210.530849 ADA in revenue. We have successfully conducted a withdrawal and distribution of Januarys revenue. As always, we're committed to transparency— here's a detailed breakdown of the revenue and how it's allocated! Total Revenue Generated: 56,210.530849 ADA 🔁 34,959.076000 ADA from trading fees 🎁 21,251.454849 ADA from staking rewards Protocol Revenue Allocations (based on a previously approved DAO vote): 🍨 15% (~8,432 ADA) has been used to purchase @USDMOfficial and has been deposited into the SUNDAE Treasury via @clarity_dao, bringing the treasury's USDM balance to 43,535 USDM. View all assets in the Sundae Treasury here: clarity.vote/organizations/S…… 🍨 15% (~8,432 ADA) has been set aside for distribution among SUNDAE token holders participating in the yield farming delegation program, bringing the total ADA rewards to 74,427 ADA. These rewards are now available to claim from the yield farming tab! 🍨 20,000 ADA plus an additional 10% has been distributed among the 21 active Scoopers, totaling 25,621 ADA. After reimbursing Scoopers for transaction fees, this amounts to ~479 ADA per Scooper. 🍨 15% (~8,432 ADA) has been allocated to Sundae Labs, covering approximately 60% of our current AWS expenses. An additional 1% (~562 ADA) has been allocated to Sundae Labs to cover the time spent claiming and distributing these rewards. 🍨 ~4733 ADA remains unallocated and will be left in the Sundae contracts to continue earning Cardano staking rewards and to avoid unnecessary transaction fees. Thank you for your support!

Our real-world showcase of Hydra L2 in Vegas just proved that the protocol can excel across a large landscape of applications, and can all be built on the Cardano stack. 🍨 Congratulations to the winners of the Hydra Doom deathmatch tournament.