What is Turbos Finance (TURBOS)?
Built on Sui since June 2022, Turbos brings a universal notion of digital asset ownership and unprecedented horizontal scalability to decentralized finance (DeFi).
What makes Turbos Finance (TURBOS) unique?
Problems Turbos Wants To Solve:
Turbos Solutions:
User-friendly DEX
Our platform offers user-centric and intuitive trading features in token swap, liquidity provision and token bridging. Unique social features are added to create a seamless and efficient trading experience for our users.
Smart Routing
With smart routing, users can trade assets amongst liquidity pools. This pioneering feature calculates the best route based on available liquidity and swap fees in each pool, ensuring users get the best possible rate for their trades.
One-off liquidity layer
Serving as a one-stop-shop solution in the Sui ecosystem, we are the ultimate liquidity powerhouse with concentrated liquidity AMM, TurboStar (launchpad), TurbosBoost and perpetual trading offered all-in-one.
What is Turbos Finance (TURBOS) roadmap?
Q1 2023
- Fundraising
Q2 2023
- Testnet
- Smart contract audit
- IDO/IEO
- TurboStar launchpad
- TurbosBoost campaign
- Social trading feature enhancement
Q3 2023
- Perpetual AMM
Turbos Finance (TURBOS) revenue streams
Our team has secured sufficient funding to sustain for the next few years. Part of the trading fee will sustain the operations as well.
How does Turbos Finance (TURBOS) work?
Concentrated Liquidity AMM
DEX allows users to provide liquidity at specific price ranges to maximize capital efficiency and reduce impermanent loss for liquidity providers, ensuring a sustainable and profitable trading experience.
TurboStar
Expedite the growth of Sui ecosystem projects by facilitating seamless fundraising, heightened awareness, and access to Initial DEX Offerings at presale prices.
TurbosBoost Campaign
An innovative IDO/IEO campaign opportunity for Sui's ecosystem builders. Through the TurbosBoost Campaign, communities vote for and support their favorite protocols. Among those who set up AMM pools on Turbos via Initial DEX Offerings (IDOs), the most promising protocols will be referred to top-tier Centralized Exchange partners for potential listing and investment opportunities.
Perpetual AMM
Efficient perpetual trading product enabling traders to easily open long/short positions of supported assets.
What is Turbos Finance (TURBOS) marketing strategy?
At the heart of our marketing strategy lies a commitment to community building, education, and awareness. Our Zealy platform serves as a resource for new users to the Sui Network and DeFi as a whole, providing educational materials and community programs to facilitate a seamless onboarding process.
We have built strategic partnerships with various ecosystem players to ensure enhanced liquidity utilization and capital efficiency for our users, further cementing our position as the go-to liquidity hub for Sui users. Collaborating closely with our partners and influencers, we strive to provide a comprehensive suite of solutions ranging from AMM, launchpad, decentralized governance, to perpetual trading. Our one-stop-shop approach is a key message we emphasize to potential users.
Furthermore, we are actively working with different ecosystem partners, including lending/borrowing, yield protocols, structured products, yield aggregation, and more, to broaden the adoption of Sui and our platform. This acts as an important pillar for attracting users and capital inflow as we are able to provide our users with access to a diverse range of DeFi opportunities.
What technologies Turbos Finance (TURBOS) created and used?
Turbos Finance is one of the first CLMMs built on the Sui Network, utilizing the Sui-Move programming language. Turbos has pioneered the smart routing feature in the Sui ecosystem, which enables seamless trading experience.
What are Turbos Finance (TURBOS) token utilities?
TURBOS, the protocol token on Turbos Finance, is underpinned by a strong token infrastructure designed to provide incentives, rewards, and various utilities for community members, fostering a thriving and dynamic ecosystem.
Our has been designed with several key use cases in mind to enhance the functionality of our DEX:
- Governance: TURBOS tokens facilitate on-chain governance, empowering token holders to propose and vote on modifications to the DEX's rules and policies, ensuring the platform remains adaptable and community-driven.
- Voting: TURBOS tokens enable holders to participate in votes on specific proposals or decisions pertaining to the DEX, such as the introduction of new trading pairs or referral of projects to CEX partners, fostering a collaborative decision-making process.
- Staking: TURBOS tokens can be staked to supply liquidity to the platform, allowing users to earn a portion of trading fees as a reward. This mechanism incentivizes users to contribute to the liquidity pool, fostering a liquid and efficient trading environment.
- Trading fee rebates: TURBOS tokens can be employed to provide discounts or rebates on trading fees for users holding a predetermined amount of tokens, stimulating token usage, demand, and potential value appreciation.