From c3e5c113b96642ac468fbb164901bcd2d8fdbe48 Mon Sep 17 00:00:00 2001
From: "Mr. Gold" <97135249+mr-g-o-l-d@users.noreply.github.com>
Date: Fri, 8 Apr 2022 17:17:12 +0200
Subject: [PATCH] Add Fuerte proposal on squeeth strategy

---
 proposals/Fuerte.md | 39 +++++++++++++++++++++++++++++++++++++++
 1 file changed, 39 insertions(+)
 create mode 100644 proposals/Fuerte.md

diff --git a/proposals/Fuerte.md b/proposals/Fuerte.md
new file mode 100644
index 0000000..eb0c934
--- /dev/null
+++ b/proposals/Fuerte.md
@@ -0,0 +1,39 @@
+# Fuerte
+
+|  |  |
+| -------- | -------- |
+| Status | Research is completed, smart contracts are being developed |
+| Author   | Fuerte  |
+| Discussion   | Discord  |
+| Labels | Squeeth strategy |
+| Repo   | https://github.com/fuertefi/crab-sim |
+
+## Introduction
+
+Fuerte is a community-driven DeFi strategies aggregation and curation platform. We aim to make it easy to build and monetize strategies utilizing DeFi infrastructure, as well as make these strategies accessible to end-users.
+
+The first strategy is built on top of Squeeth – it dynamically hedges exposure around 200% collateralization. The difference with the original Crab vault is that our strategy is based on different rebalancing rules and is designed to capture market inefficiencies in addition to pure volatility play.
+
+## Details
+
+* The website is live at https://fuerte.fi/
+* The Squeeth research article was posted in our blog on 2/2/2022 https://fuerte.substack.com/p/a-first-look-at-squeeeeeeth-data
+* The strategy does two types of rebalancing – opportunistic (capturing inefficiencies) and forced (pure IV vs RV)
+* The research is done, and contracts are being developed
+
+## Milestones
+
+* Deploy contracts to the mainnet and start forwardtesting with the internal capital by the 18th of April
+* Post an article with a deep dive into the strategy, including the backtest results
+* Open deposits with a limited capacity of 50 ether by the 18th of May
+* Increase capacity
+* Research more potential strategies utilizing Squeeth and Opyn v2 infrastructure
+
+### Ideal Launch Date
+
+The 18th of May
+
+## Funding Request and Budget Breakdown
+
+10k USDC
+Design adaptation, frontend web-3 integration, infrastructure for the launch.