Turtle Club

Turtle Club

Turtle Club

Boost your yield, swaps and referrals across Web3 with zero added risk and zero fees | Become a Turtle

Project Category

defi

Round

not public

Valuation

not public

Total raising amount

$2,000,000

Syndicate raising amount

25,000 USDC

Leading investor

Consensys

Deal Date:

23.10.2024 18:00

$
Token Price:

not public

Token price is taking in consideration DAO fee which is 15.0%
Vesting:

not public

Allocation:

min $500

TGE:

Q4 2024

This is a tentative date, which may change.
Claim:

TBA

This is a tentative date, which may change.

Description

Overview:

Turtle.Club is a Phantom Liquidity Protocol offering unique liquidity solutions without using smart contracts. It provides enhanced security and sustainable growth opportunities through partnerships with DeFi protocols while maintaining complete self-custody of funds. Turtle.Club aligns the interests of liquidity providers (LPs) and partner protocols within a decentralized autonomous organization (TurtleDAO). LPs receive additional rewards from partner protocols without the risk of pooling funds or smart contracts.

Positives:

  • Using turtle club benefits does not generate any additional security risks for the users
  • Onboarding is frictionless, to become a part of turtle club user needs to sign one message
  • It is possible to verify all users of the Turtle Club, so there are no artificially inflated numbers like with other protocols. We have checked the entire database and can provide the full list if required.
  • Interest from projects to be integrated into Turtle club is high, turtle club is now picking the best candidates to work with
  • Stated TVL on turtle website (over 1B USD!) is actually under reporting their numbers, as indexing been not implemented yet for various projects
  • Tokenomics and token utility is well thought, see details, token holders will benefit from the treasury and generated yields that turtle club is creating
  • Becoming part of the turtle club brings as well access to broad network of liquid funds, HNWI and exclusive deals
  • Turtle club members provided over 400M USD to Renzo, brought over 90 000 wallets to Scroll, over 400M USD to Linea
  • Turtle club is cooperating with Coinshift wallet and any new wallet created by Coinshift is automatically being signed into turtle club
  • Team is performing third party security audits before implementing projects, lowering risks for syndicate members
  • Over 2,5M USD in the treasury holdings

Negatives:

  • Treasury management will play crucial role in the sucess of the platform

Disclaimer

  • • Risk of Loss: Investing in cryptocurrency projects carries inherent risks, including the risk of losing your entire investment. Be prepared to potentially lose all the funds you invest.
  • • No Guarantees: There are no guarantees of profits, returns, or success when participating in projects. Past performance is not indicative of future results.
  • • No Financial Advice: The information provided is not financial advice. Consult with a financial advisor if you are uncertain about participating.
  • • Due Diligence: It's your responsibility to conduct thorough due diligence on the project, team and tokenomics before participating. Make informed decisions.
  • • Community and Social Hype: Be aware that investment decisions based solely on social media hype or community sentiment can be risky and speculative.
  • • Backup Your Private Keys: Ensure you have securely stored your private keys or seed phrase. Losing access to them may result in permanent loss of your assets.
Full version of disclaimer can be found here.