General

Tulip Protocol Vests $TULIP Token using Streamflow

Nov 25, 2022


Tulip Protocol has tapped into Streamflow's token vesting solutions to distribute it's governance token, $TULIP. Tulip Protocols $TULIP token has a total supply of 10,000,000 (Ten Million) and they’re vesting their token supply according to the following allocations:



Vesting group

Allocation

Team

20% (2,000,000 $TULIP)

Advisors

2% (200,000 $TULIP)

Treasury

12% (1,200,000 $TULIP)

Liquidity Provision

5% (500,000 $TULIP)

Strategic & Growth

13% (1,300,000 $TULIP)

Liquidity Mining/Ecosystem

48% (4,800,000 $TULIP)



What is Tulip Protocol?



Tulip Protocol is a yield aggregation platform built on Solana with auto-compounding vault strategies. Tulip currently offers three ways to earn yield:



  1. Lending — User deposits are lent out to leverage yield farming users, earning depositors interest



  3. Vaults — Vaults are auto-compounding strategies to generate higher returns



  5. Leveraged Yield Farming — Leveraged yield farming involves borrowing more tokens than you have to farm for a higher return on your capital



We’re excited to work with the Tulip Protocol team as they are truly passionate about optimizing and increasing DeFi returns for retail investors at minimal risk. We see a bright future with Tulip Protocol as we work towards greater adoption and growth of DeFi.





About Streamflow



Streamflow is a pioneering token operations platform empowering organizations to streamline fund distribution with unparalleled efficiency. Through Streamflow, teams gain the ability to automate vesting schedules, create airdrops, and integrate our Software Developer Kit (SDK) for tailor-made solutions.



Website: https://streamflow.finance



Twitter: https://twitter.com/streamflow_fi



Discord: https://discord.gg/streamflow-851921970169511976



Documentation: https://docs.streamflow.finance



About Tulip Protocol



Tulip Protocol is the first yield aggregation platform built on Solana with auto-compounding vault strategies. The dApp (decentralized application) is designed to take advantage of Solana's low cost, high efficiency blockchain; allowing the vault strategies to compound frequently. This benefits farmers with higher APYs, not requiring active management, and lower gas fees.



Website: https://tulip.garden/



Twitter: https://twitter.com/TulipProtocol



Documentation: https://tulip-protocol.gitbook.io/tulip-protocol/


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