Topic: 🔥🔥🔥 [ANN][Tortle Ninja] 🐢 🥷 Visual Language Programming for DeFi🔥🔥🔥 - page 3. (Read 343 times)

Part of team means? Ceo or head of any department? Is there any way to know before you get your stand? Otherwise it’s tough to attend you.   

Not really, we are different tools with different publics,
Tortle is more focused on the retail investor, who needs an easy and reliable tool to manage their defi portfolio and strategies. Please, check our Dapp and judge yourself

Your tool is basically a clone of Furucombo but without Flashloans.?Do you really think that this will enough for all the purposes?

Yes, part of the team will be at Lisbon at November 1- 4, check it out  https://websummit.com
We still dont know the day we will have a stand, but we will publish it as soon as possible.
Sorry, no free tickets, they only gave us 3, no way to have more, unless paying.

Our main objective was to work on Ethereum, but fees are so high, so we will start on BSC and return to ETH when we have our ZK-Recipes ready. 


Private, Public Recipes and ZK-Recipes
‌Any investment recipe is valuable information, sharing it as open-source on a blockchain can be treasured information for any other agent. Our first recipes will be off-chain, the V1 of Tortle is totally off-chain, but we are planning to have at least 4 types of recipes:‌
Private Recipes: Linked to a wallet and executed off-chain nobody can access them.
Private/Public Recipes: These recipes are open on their formula, but private on their execution, so any user can use the same strategy without access to its execution times and quantities.
Public Recipes: This will be an open-source recipe, with a clear execution time and all its logic on-chain, in case use or a group of users wants to publish their strategies their data will be public on the BSC Network.
ZK- Recipes: ZK- Recipes are a new kind of recipe we are working on, using ZK- Roll-ups we can maintain all the positive effects of the private recipes at the same time all funds remain on smart contracts, so all funds remain on-chain.

For more info please visit: https://docs.tortle.ninja/roadmap

Yes please, just visit https://docs.tortle.ninja/  all docs are there, no PDF

Hey devs, couldn't find the white paper on the website. Is there a whitepaper? can i get ?

Why BSC? I mean there are plenty of new networks better than BSC.

 I have seen on telegram u are attending Websummit on Lisbon, do you have a stand? and a Free ticket

No, its not deployed yet, we are running tests on a BSC Testnet. Even if marketcap will be eventually high, at first only 7M Tokens will be on the market, the rest will be minted over time to platform users or locked.

Im watching the tokeconomic and marketcap is pretty high for BSC, did you deployed the token already?

You can use what we call Nodes, operations like: Swap, split, Deposit on LP to invest on a certain way and later use what we call Combo Triggers, that use Price Feed from Oracles to trigger the next node, so basically what you can do is creating complex strategies without coding. Please check documentation about it https://docs.tortle.ninja/nodes

Its a DeFi solution, all funds will be stored on a smart contract, as exposed on the Roadmap we plan to do a L2 solution, but later.

How exactly Tortle recipes work? Is it all on-chain or not a real DeFi solution?

Tortle Ninja is a #nocode #DeFi tool built to enable crypto investors to create combined DeFi strategies.

Website https://tortle.ninja

Docs & Whitepaper https://docs.tortle.ninja

Telegram Channel https://t.me/tortleninjaTG

Medium https://medium.com/@tortle-ninja




DeFi Landscape is an everchanging scenario with lots of new solutions, projects, and brilliant (and not so brilliant) ideas, but some problems remain unsolved, one of them is how to deal with increasing complexity, new tools, new financial products, and the asymmetry this creates between so-called whales and regular users. Whales have access to programming tools, bots, and developers that give them a technical advantage. Well, Tortle is designed to disrupt this 😏.
Tortle Ninja is a no-code DeFi Framework, which allows the creation and trigger of combined operations, Tortle Combo recipes, allowing users to create complex operations in a simple way. Tortle enables you to save these operations and re-use them in the future, making possible the creation of easy-to-use DeFi strategies and products, like our Bitcoin Savings Account.
Tortle Ninja is fast, easy and anyone can use it.
It also got Turtles 🐢, combos💥 and lots of action🥷

How Tortle Works
Tortle enables the users to create combinations of DeFi operations. All you have to do is linking the nodes and define a strategy, with this you split, create limit and stop-loss orders, and even more complex strategies. Tortle also can validate the operation results and the composition of the operation, so invalid operations are rejected.

With Tortle anyone can create Financial products and strategies: fintech, crypto enthusiasts, and even old-school sordid bankers build can pack and use complex crypto operations, making the best of farming, liquidity pools, DEXs and oracles.




Why Fantom?
Basically, Fantom superior speed and much (much much) lower transaction fees let us do combos in an easy way. Fantom ecosystem is the core of Defi, some of the most promising projects are there, and its the perfect place for Tortle.



When creating the Tortle Token design we wanted to create something unique, hard as a turtle shell, to protect our holders and especially our early adopters from dumping, inflation...

All this section is still a draft, check often for the final version


Ticker: TBD
Contract Address: TBD
Chain: Fantom Opera
Max Cap: 150,000,000 TRTL


USES of TORTLE

Tortle is a sophisticated dapp and some services inside of the platform can only be used by using Tortle. The core of the economic model on Tortle is based on platform fees, and how to revert all value created on the token and on our community. The platform fee will be a 1,5% of every operation, that will be shared as this:

• 0,5% (33% of all fees) will be for Tortle Dojos, to reward hodlers.
• 0,7% will be back at Tortle Treasury, mainly used to reduce inflation.
• 0,3% will be to Dev Fund, to expand the team and fund the project long term.

What we tried to create is an inflationary model that rewards token holders and community on the best way possible, making the project a sustainable, long term initiative.

Platform Fees
Every transaction on Tortle pays some fees, and these  are paid on Tortle Tokens. About 0,7% of assets inflow on the platform will be converted to Tortles on the market and sent back to the Tortle Treasury. Users dont really have to buy Tortles before, Tortle will do it automatically when a transaction starts.

Tortle Dojos
Tortle has staking offerings, what we call Tortle Dojos, Tortle Dojos allow users to stake Tortle Tokens in exchange for rewards, Tortle Dojos offering will change over time but our first one is what we call the Hanzo Dojo

Hanzo's Dojo🥋
Hanzo's Dojo will reward holders of the Tortle Tokens with platforms fees, a great APY and a special surprise, an unique completion NFT. Hanzo´s Dojo will have a max cap of 2,5M Tortle Tokens.
To reward our users will give them 3 streams of revenue:

• The 33% of all platform fees during the first 12 months.
• Rewards on Tortle Tokens to give at up to 100% APY over the 12 months.
• 2 NTFs, one when you start farming and the other one at the end of the staking period.

Hanzo's Dojo will consist on 3 Tiers, with a max cap of 2,5M Tortle Tokens.
The Black Belt Tier:🥋This tier will lock Tortle Tokens for 12 months, and will share between its participants the 17,5% of all the platform fees during the 12 months and a 200% of APY on Tortle Tokens over that period. The Black Belt tier will have a max cap of 500,000.00 TORTLEs, not accepting more users when the max cap is reached. The platform fees will be rewarded monthly and the principal and APYs will be shared at the end of the period. A user can unstake tokens at any moment, losing the reward (and also the posibility to enter the black belt tier again directly). At the end of the period all users will receive their completion NFT, a completion NFT on black belt tier will allow users to access our best staking offerings. Participants on the Tortle IDO will have preference to access this DOJO

The Green Belt Tier: This tier will lock Tortle Tokens for 6 months, and will share between its participants the 10% of all the platform fees during the 6 months and a 100% of APY on Tortle Tokens. The Green Belt tier will have a max cap of 750,000.00 TORTLEs, not accepting more users when the max cap is reached. The platform fees will be rewarded monthly and the principal will be shared at the end of the period. An user can unstake tokens at any moment, losing the reward.At the end of the period all users will receive their completion NTF, a completion NFT on Green belt tier will allow users to access our Black Belt Tier

The Yellow Belt Tier: This tier will lock Tortle Tokens for 3 months, and will share between its participants the 5,5% of all the platform fees during the 3 months and a 25% of APY on Tortle Tokens. The Green Belt tier will have a max cap of 1,250,000.00 TORTLEs, not accepting more users when the max cap is reached. The platform fees will be rewarded monthly and the principal will be shared at the end of the period. An user can unstake tokens at any moment, losing the reward.

The 3 Dojos will be opened after TGE, but as soon as they reach their max cap you can only access the biggest tiers if you have the NFTs of completing the lower level, so Black Belt tier will be only avaliable to users who hold on their wallet the Completion NFT of the Green Belt, and Green to only the ones that had completed the Yellow one.
Completion NTFs are tradeable.

Relief Fund
When a user wants insurance on his recipes he can use our Tortle Relief Fund feature, when a recipe is reviewed an insurance fee is proposed, if the user accepts we automatically buy these Tortle Tokens on the market and send it to Relief Fund.

Relief Fund Catbonds
Another product you can only buy with Tortle is our Catbonds.
Tortle Cat Bonds are available every time the max insured quantity is in use. When we got a 75% of our  relief fund already in use covering our users, Tortle Catbonds will be available to buy. Tortle Cat Bonds has a minimum APR and a maturation period. The minimum APR will be paid as soon as the bond is sold and the rest at the end of the maturation period.
Tortle Cat Bonds work in a similar way to LP Token, and you can even redeem it before the maturation period with a discount.
In case there is a catastrophic event, Cat Bond investors will lose a part of their principal to the insured users. All Cat Bond investors will lose, and a part of their principal depends on the maturation of their bonds. In extreme cases, investors will lose all their funds.

Governance
All token holders will be able to have a say in the future direction of the project via voting on proposals. The goal is that in the long run, users of TORTLE can choose the new features to implement, change policies...
Decisions include setting fees, reducing incentives, defining burn policies, and adopting new features.