Tortle ninja

Price floor fund

Tortle tokens are backed by a floor price fund in USDC and LP tokens. This fund grows in two ways:

  1. Initial liquidity is provided and owned by the protocol. The fees from this trading pair are deposited on the Fund.
  2. Another 0.1% of all volume from Tortle is added to the price fund in the form of LP tokens sent to the fund wallets.
  3. Another $0,5M will be sent to the fund.

This fund keeps the liquidity accountable and growing over time. As the floor price fund grows, it can also be used to buyback and burn Tortle. If the (floor price fund) / (total supply of Tortle) is much lower than the market price, this would lead to a minimum price for TORTLE in terms of ETH.

After launching, a liquidity mining program will be implemented.

How to buy tortle