Avalanche Ecosystem

FUDGE token is designed to be pegged to the Avalanche network stable coin $DAI. The built-in stability mechanism in the protocol aims to maintain Fudge's peg to 1 $DAI token in the long run. Note that FUDGE actively pegs via the algorithm, it does not mean it will be valued at 1 $DAI at all times as it is not collaterized. FUDGE is not to be confused for a crypto or fiat-backed stable coin.Sundae is a next-generation seigniorage protocol coming to AVAX. The team has implemented nodes (locked staking) in order to incentivize longer holding of the FUDGE token as well as other tokens in the future. The locked staking pool has a fixed token cost per node and delivers a relatively stable return on investment ranging from 1.5-3% daily.&nbsp;Bonds are unique tokens that can be utilized to help stabilize FUDGE price around peg (1 DAI) by reducing circulating supply of FUDGE if the TWAP (time-weighted-average-price) goes below peg (1 DAI).

Fudge

FUDGE is a next-generation algo stable pegged 1:1 with DAI and serves as the "governance token" of Sundae protocol

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