Liquidity Provider (LP)Turtle’s userbase is made of liquidity providers who deposit into the curated list of Opportunities brought by the Turtle network.OrganizationAn organization describes a partner protocol, service provider, or distributor within Turtle’s ecosystem.Client (or Partner Protocol)Clients make deals with Turtle to attract liquidity by offering a combination of opportunities and/or leaderboards.Distribution PartnerPartners who distribute deals on their frontend and earn revenue for the liquidity they provision.TurtleDAOThe decentralized autonomous organization that encompasses all token holders, partners, users, and builders. Controls the treasury and protocol governance.TurtleDAO TreasuryThe protocol’s reserve of interest-bearing and yield-generating assets accumulated from partner protocol contributions and fees.Turtle.Club** Association**The legal entity (Swiss Verein in Zug) that operates the protocol and executes governance decisions.
WebappTurtle’s LP interface for liquidity management, provisioning, diligence, and $TURTLE token management.Partner PortalAlso known as the Client Portal or Dashboard, the Partner Portal encompasses Turtle’s B2B offering and includes incentive tools, distribution tools, provisioning tools, and admin functions.Incentive ToolsTurtle offers protocols incentive tools to attract liquidity. These tools include Products, Opportunities, Streams, and Leaderboards. All tools include customizable parameters to define a campaign that meets their needs.Distribution ToolsThe distribution suite offers partners a dashboard and toolkit for those who want to earn a revenue share by attracting liquidity for Turtle’s opportunities. They do this by sharing a distributor link or integrating directly in their own frontend.Provisioning ToolsTurtle’s provisioning tools include Turtle Chat, Turtle LP Search, and Turtle CRM.ProductA Product details the high-level information of a liquidity offering. Products define the top-line explanation for a liquidity campaign and can hold one or more Opportunities.OpportunityAn Opportunity is a curated deal, vault, smart contract, or token that generates rewards for LPs within the Turtle network.LeaderboardTurtle’s liquidity leaderboard offers a gamified UI that encourages LPs to compete against the rest to earn top place. These leaderboards often include customizable boosts for auxiliary activities, and they distribute extra incentives on top of the daily rewards included in a given opportunity.API Boost (Turtle Boosts)Turtle’s first core product. Negotiates additional token/point shares for Turtle users based on aggregate incentives, tracked via APIs and on-chain indexed data, without additional trust assumptions.Turtle VaultsAutomated yield products that pool assets and route them into desired chains, markets, and dApps via selected infrastructure partners.Turtle Campaigns (Ecosystem-as-a-Service)Helps clients tap into Turtle’s network of stakeholders to structure ecosystems, lower cost of capital, and align stakeholders.Earn SDKA white-label product that allows distribution partners to showcase Turtle opportunities on their own frontends and earn a revenue share on user liquidity volumes.Distributor ID / Distributor LinkThe unique identifier or referral link used by distribution partners to track liquidity they bring and earn revenue share.
IncentivesCovers the span of rewards distributed for LPs to generate yield, including points, tokens, native yield, and additional rewards.Native YieldComes from fees generated via protocol activity (like lending and trading).Additional RewardsOften defines a point or token reward distributed by a protocol.StreamsA new way to distribute and track points or tokens directly via the Turtle platform. The system utilizes both onchain and offchain systems to define user holdings and USD value of specific ERC20 token contracts on a 12-hour basis.Liquidity RepurposingThe ability for LPs to generate multiple contributions with the same liquidity by deploying across multiple partner protocols, triggering additional rewards at each layer.Trojan TurtleA growth mechanism where Turtle points/emissions appear as an additional yield symbol within partner protocol liquidity pools/UIs, attracting new LPs back to Turtle.Turtle Referral CodeReferral links that earn additional Turtle points for both the referrer and the referred LP.
Total Value Locked (TVL)The total liquidity value tracked across Turtle’s network of connected wallets and partner protocols.Qualified TVLThe subset of TVL Turtle gets paid for (typically deposited after an Opportunity was launched). See here for more details.Turtle TVLThe net total TVL owned by Turtle LPs in a specific product/opportunity.Distribution TVLThe total liquidity value of all wallets/links in the distribution layer.Boosted TVLThe subset of TVL for which Turtle currently provides a yield boost. Can exceed Distribution TVL when liquidity is diversified across multiple partner protocols.
Liquidity ScoreA weighted measure of on-chain capital participation, representing 50% of leaderboard scoring.Distribution ScoreVerified deposits routed through Distributor IDs, representing 50% of scoring with a 10x multiplier.Boost Multipliers (Adaptors)Additional scoring bonuses for verified engagement activities (e.g., social media, Telegram).
TURTLE TokenThe ERC-20 governance and utility token with a fixed supply of 1 billion. Used for staking, governance voting, and ecosystem participation.sTURTLEStaked TURTLE tokens that activate governance voting power. Users must delegate sTURTLE to themselves or a Turtle Delegate to vote.Token Generation Event (TGE)The launch event for the TURTLE token, establishing initial circulating supply and beginning vesting schedules.SablierThird-party on-chain vesting infrastructure used for all TURTLE token vesting schedules, providing transparent and auditable streaming contracts.EpochA defined time period at the end of which partner protocols send agreed-upon emissions to TurtleDAO for distribution to LPs.
