Strike Finance Liquidity Deployment

System1mo ago1 post
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System1mo ago

On-chain governance action (Treasury Withdrawals).

Strike Finance V2 Treasury Deployment Proposal

This governance action requests a 12-month productive treasury deployment of 9,000,000 ADA into Strike Finance V2 liquidity infrastructure.

This is not grant funding. Treasury-owned capital would be deployed to deepen Cardano-native perpetual futures liquidity, increase on-chain trading activity, and generate yield for the Cardano Treasury.

Strike has processed over 1,130,000,000 USD in cumulative volume, facilitated 968,000+ trades across 3,071 unique traders, generated over 3,250,000 USD in profit for liquidity providers, produced over 1,160,000 USD in total protocol revenue, and represented over 50% of Cardano trading activity during the past six months.

Allocation Amount Purpose
V2 USDM liquidity 9,000,000 ADA sold for USDM Support scalable execution depth and stablecoin markets

The deployed ADA will be sold for USDM, Cardano's fiat-backed stablecoin, to provide

  • Proposer return address: stake1uxuqpzj33wylrzld8h602tpjj0sv0w6753lvxavgghj39yslx3lfv
  • Deposit: 100,000 ADA
  • Submitted: epoch 637
  • Expires: epoch 644

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