Sturdy Token (STRDY)

Sturdy Token Token ethereum Description

What Is Sturdy? Sturdy Finance is a decentralized lending platform that accepts interest-bearing tokens as collateral to enable borrowers to lever up their LP positions and experience leveraged yield farming. The protocol provides high-yield to lenders for providing liquidity via the unique profit-sharing mechanic, allowing lenders to earn yield farming profits from passive positions and borrowers to lever up their LP yields up to 10x. $STRDY is the native utility token that is used for: Governance Liquidity mining TBD* *By governance ## How Many $STRDY Coins Are There in Circulation? There is a hard cap of 100,000,000 $STRDY. Full info: https://sturdyfinance.medium.com/strdy-tokenomics-13d06233cab1 ### Where Can I Buy STRDY? Sturdy is currently non-transferrable, though we are in discussions with various D/CEXs to have it listed once transferability is enabled.

What is the project about? Sturd is a lending protocol that accepts interest-bearing tokens as collateral, enabling yield farmers to take on up to 10x leverage! Lenders also receive a portion of yield farming profits to create the first positive-sum interaction where borrowers don't have to be charged interest to generate yield to attract lenders What makes your project unique? Sturdy is grounded in composability and creating a greater DeFi ecosystem as a whole. Sturdy integrates several protocols from across DeFi to provide yield farmers with leverage typically reserved for traders. Sturdy also held the title of the largest tokenless lending protocol on Ethereum for several months before airdropping $STRDY to our users and users from across DeFi. History of your project. Sturdy launched on Fantom of March 2022, launched on Ethereum in June 2022, has amassed over $30,000,000 in TVL at peak, released token to transition to DAO governance at the beginning of 2023 What’s next for your project? What can your token be used for?