Turtle Club

Agnostic Distribution Protocol

The Turtle Protocol distinguishes itself as a protocol-agnostic distribution layer, orchestrating the flow of digital assets across its partner network and providing for multiple opportunities for partners and users to increase the monetization of the assets, and distributes the liquidity across more protocols for greater capital efficiency.

Turtle Protocol sits below all of the protocols that plug into it (i.e. below the Turtle Partner Protocols). It operates without the need for smart contracts, eliminating the complexities, expenses, and risks associated with deploying liquidity within smart contracts.

The permissionless distribution layer guarantees that Turtle never handles or routes liquidity on behalf of the users such as Liquidity Providers (LPs), meaning the Turtle Protocol is entirely self-custodial. LPs interact directly with the Turtle Partner Protocols, which sit on top of the Turtle Protocol, ensuring an efficient liquidity deployment process

The First Distribution Protocol - Layer Zero

Introducing Turtle Club: the first distribution protocol and layer zero—a unique API tracking network that democratizes access to boosted yields, swaps, and referrals across the Web3 stack. It operates without smart contracts, leveraging traditional protocol advantages while avoiding their limitations.

Turtle Protocol aggregates liquidity via its pioneering API tracking network, managing Total Value Locked (TVL) across diverse chains and dApps. This democratizes boosted yields, swaps, and referrals through proof of signatures and timestamps. Each wallet serves as a key 'link' in the distribution layer, expanding liquidity reach and capacity in the Web3 market.

  • Distribution TVL: Total liquidity value of all wallets/links in the distribution layer. For example, ten wallets each holding $1 million result in a distribution TVL of $10 million.

  • Boosted Turtle TVL: TVL for which Turtle Protocol currently provides a yield boost. This can exceed the aggregate distribution TVL when liquidity is diversified across multiple Turtle Partner Protocols.

As Turtle enhances its API, partners gain real-time insights into liquidity across the distribution layer, enabling targeted campaigns to direct underutilized liquidity to their protocols.

Turtle Protocol avoids smart contracts to prevent complexity and technical liabilities, ensuring accessibility and eliminating smart contract and counterparty risks. Turtle Protocol sits below all Turtle Partner Protocols, leveraging collective liquidity to boost and optimize yields for its LPs.

The Turtle Protocol:

● Never acts as a counterparty in any LP transaction within Web3.

● Never controls or handles users' liquidity (entirely self-custodial), ensuring utmost security and autonomy.

The absence of smart contracts offers several advantages for the Turtle Protocol:

● Turtle can't be hacked, as there are no smart contracts to exploit.

● Users can not be rugged.

● Agilie and adaptable, seamlessly integrating with various protocols without added complexity.

● Minimizing technical debt and counterparty risk by eliminating an additional smart contract layer.

● Reducing gas fees for depositing and withdrawing funds from Turtle Partner Protocols.

● Mitigating regulatory risks associated with non-custodial protocol operation.

● Does not create Honey Pots

The Turtle Protocol does not have any smart contracts, as we don't want to create another layer of complexity and technical debt which would create barrier of entry for our users and Turtle Partner Protocols.

Enhanced Security for Turtle Protocols

Through bespoke partnerships with ConsenSys Diligence, Omniscia.io, Code4Arena, and Creed, and our in-house auditing team/community, Turtle takes proactive risk assessments to safeguard the funds of our LPs and the broader Web3 community. We are committed to working closely with Turtle Partner Protocols to develop robust and resilient Web3 Lego blocks. These blocks are designed to integrate seamlessly with each other throughout the Web3 stack, fortified against potential vulnerabilities. Failure to adequately secure these blocks could result in dangerous liquidity repurposing and compound counterparty risks across Web3, potentially leading to catastrophic cascading liquidation events and their associated consequences.

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