Abstract & Introduction

Our choice to name the project "Turtle" stems from a multitude of factors carefully considered to encapsulate our vision and values. Firstly, turtles symbolize resilience and endurance, having thrived for over two hundred million years, shielded by their impenetrable shells. This innate resilience resonates with our desire to create a project that withstands the challenges of Web3. Moreover, the name "Turtle" is short, memorable, and easy to pronounce, making it accessible to a global audience, including non-English speakers. Turtle strikes a chord with our Web3 target demographic, who universally appreciate the enduring charm of turtles.

Importantly, in an environment often fraught with mistrust, "Turtle" radiates a sense of trust and security, fostering confidence in our community. Extensive market research, including feedback from friends and LPs, consistently ranked "Turtle" as the top choice. Notably, the name has yet to be claimed by any significant projects, offering us a unique identity in the industry.

Embracing the memeability of the name, we recognize the power of meme marketing as a cost-effective and engaging tool to build our community. Ultimately, "Turtle" embodies our commitment to creating a loyal and resilient community, where members are central to our ethos and collective success at Turtle.

Turtle: The First Phantom Liquidity Protocol

The turtle protocol ("Turtle Protocol") embodies a revolutionary shift in how liquidity flows within Web3 and decentralized finance (DeFi). As a phantom infrastructure layer and liquidity protocol, the Turtle Protocol sits underneath all of the L1, L2, bridges, base assets (e.g wBTC, LST, LRT, Stablecoin & RWA), dApps (lending & borrowing, vaults, spot & perp DEXes) and Infrastructure (Wallets) that plug into it. Allowing our protocol partners ("Turtle Partner Protocols") to tap into our liquidity, LP/user base (liquidity provider), and dApp ecosystems.

Our core mission is to open up backroom liquidity fostering greater transparency and equity within the space, by addressing liquidity and user fragmentation, optimizing liquidity utilization, enhancing risk-adjusted yields, and elevating Web3 security standards through our technical solution. The Turtle Protocol aims to cultivate sustainable growth across DeFi and bolster the competitive advantage of Web3 liquidity rails over conventional TradFi counterparts. Accelerating the transition of capital and growth to the ‘Internet of Money’.

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

The Turtle Protocol leverages superior collective security and bargaining power through its phantom liquidity infrastructure layer. It facilitates users to harness all the benefits of streamlining liquidity across every level of the Web3 stack protocol, without granting access or losing control of their liquidity positions, or taking on any additional smart contract and counterparty risk (honey pot).