Abstract & Introduction

We named our project "Turtle" to encapsulate our vision and values. Turtles symbolize resilience, enduring for over 200 million years with their impenetrable shells—mirroring our ambition to create a project that stands strong amidst Web3 challenges. The name "Turtle" is short, memorable, and universally accessible, resonating with our global target demographic who appreciate its enduring charm.

"Turtle" radiates trust and security, crucial in a landscape often marred by mistrust. Our market research, backed by feedback from friends and LPs, consistently ranked "Turtle" as the top choice, with no significant projects claiming the name, offering us a unique identity.

Embracing its memeability, we recognize meme marketing as an effective tool to build our community. Ultimately, "Turtle" represents our commitment to fostering a loyal, resilient community central to our ethos and collective success.

Turtle: The First Distribution Protocol

The Turtle Protocol represents a revolutionary shift in how liquidity flows within Web3 and decentralized finance (DeFi). As a distribution protocol, it underpins all L1s, L2s, bridges, base assets (e.g., wBTC, LST, LRT, Stablecoins, RWAs), dApps (lending & borrowing, vaults, spot & perp DEXes), and infrastructure (wallets) that connect to it. This allows our protocol partners (Turtle Partner Protocols) to tap into our liquidity, LP/user base (liquidity provider), and dApp ecosystems and monetize the liquidity.

Our core mission is to open up and enhance the distribution and monetization of backroom liquidity, fostering greater transparency and equity in the space. We address liquidity and user fragmentation, optimize liquidity utilization, enhance risk-adjusted yields, and elevate Web3 security standards. Turtle Protocol aims to cultivate sustainable growth across DeFi and enhance the competitive advantage of Web3 liquidity rails over traditional finance (TradFi), accelerating the transition of capital and growth to the ‘Internet of Money.’

Turtle boasts a world-class community of leading Web3 professionals, liquidity providers (LPs), smart contract auditors, developers, and contributors.

Through its distribution protocol, Turtle Protocol leverages superior collective security and bargaining power. It allows users to benefit from streamlined liquidity across all levels of the Web3 stack without giving up access or control of their liquidity positions or taking on additional smart contract and counterparty risk.