What is Turtle.Club?
Turtle.Club is an innovative Phantom Liquidity Protocol that boosts DeFi farming rewards without relying on smart contracts. It serves as a connector for liquidity providers and DeFi platforms, offering yield enhancements between 5% and 50% on associated networks, all while allowing users to retain full control over their assets.
Turtle.Club’s unique feature is its approach to liquidity provisioning – there are no smart contracts involved, no fees, and no direct management of funds. It operates as an overlay protocol that incentivizes users with extra token emissions when they participate in liquidity pools of associated protocols.
Turtle.Club Boost Details
Currently, Turtle.Club collaborates with several leading DeFi protocols, including Usual (40% boost), Renzo (25% boost), ZeroLend (25% boost), and others like Derive, Elixir, Fenix, D8X, Kelp, Ether.Fi, Linea, Scroll, Swell, Gravita, Napier Finance. Users who add liquidity to these partner protocols with wallets registered on Turtle.Club will enjoy their standard farming rewards along with additional boosts between 10% and 50% (visible on the Dashboard) plus extra Turtle partner points, which can be converted into Turtle Governance Tokens at TGE.
Step-by-Step Guide:
How to Join Turtle.Club
- Go to Turtle.Club using this link
- Connect your wallet
- Agree to the terms by signing the message
- Commence farming on any partner protocol
- Your existing investments will automatically qualify for boosts
- New deposits will start receiving boosts right away
Active Partner Protocols and Boosts
You can find out about all active protocols and their corresponding Boost percentages on the Turtle Club Protocol Dashboard.
Key Benefits
- No extra fees
- No risks associated with smart contracts
- Automatic yield enhancement on associated protocols
- Potential future governance token rewards
- Supports multiple blockchain networks
Frequently Asked Questions
Are My Existing Positions Eligible?
Yes, once you link your wallet with Turtle.Club, all your current positions in partner protocols will qualify for the boost.
Do I Need to Pay Any Fees?
No, Turtle.Club does not impose any management or performance fees. You retain all of your initial yields in addition to the extra boost.
How Are Rewards Distributed?
You will receive your normal protocol rewards plus boosts directly from the partner protocols. The extra Turtle partner points will accumulate in your dashboard and convert into Turtle Governance Tokens during TGE.
Is It Safe?
Turtle.Club does not manage your funds or require smart contract dealings with your assets. You maintain direct interactions with partner protocols, minimizing counterparty risk.
Conclusion
Turtle.Club presents a valuable opportunity to improve your DeFi yields securely and without added complications. Simply register your wallet to start earning extra rewards beyond your usual farming efforts across various key DeFi platforms.
Farmers conscious of risk will particularly value the absence of smart contracts and the preservation of asset control, making Turtle.Club an appealing choice for enhancing DeFi returns while reducing risk exposure.
Are you looking for more projects that haven’t launched a token yet but might offer governance tokens to early users in the future? Explore our list of potential retroactive airdrops to ensure you don’t miss the next DeFi airdrop!
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Overview
- Website: https://app.turtle.club/
- Whitepaper: Download Whitepaper
- Documentation: Visit now
- Twitter:
- Discord Chat:
