The accord was developed after Christopher of Bavaria crushed a great peasant uprising in Northern Jutland.
The treaty broke the attempted monopoly of Baltic trading routes by the Hanseatic League.
The Hanseatic merchants eventually became middlemen whereby they transported bulk goods (i.e. lumber, grain, fish) from the Baltic and exchanged them for textiles and other finished products.
The treaty did not affect the control of Hanse trading outposts in London, Bruges, Danzig, and Bergen.
Based on the terms of the agreement, Dutch towns promised to pay or return twenty-two lost Prussian and Livonian ships.