Turtle Club, a leading phantom liquidity protocol, announces the launch of Phantom Liquidity Protocol to ensure the transparency and efficiency of crypto trading. Decentralized finance (DeFi) protocols struggle to gain liquidity, and many platforms pay exorbitant fees to attract Liquidity providers (LPs). This attracts short-term investors, who are seen to flow out as soon as their statutory time for holding their positions ends. Consequently, the focus often shifts towards large LPs and venture capitalists (VCs), while loyal users are ignored.
Turtle Club’s New Liquidity Model
Turtle Club introduces the Phantom Liquidity Layer to solve these challenges, offering a transparent, fair, and accessible liquidity solution. Unlike traditional models that prioritize large LPs and VCs. Turtle Club democratizes liquidity access by providing yield opportunities to all users. This approach ensures a more balanced distribution of liquidity benefits, encouraging long-term participation.
Turtle Club eliminates secretive deals and over-the-counter (OTC) negotiations by making all transactions on-chain. This initiative builds trust between protocols and LPs, ensuring all parties benefit from transparent and fair incentive structures. Turtle Club’s efficient liquidity pooling system allows protocols to promote yield boosts easily, streamlining the capital allocation process without added complexity.
Successful Partnerships and Widespread Adoption
Turtle Club’s innovative liquidity model has already gained traction in DeFi. With over 150,000 connected wallets and partnerships with 43 projects, including ether.fi, Scroll, and ZeroLend are transforming the way liquidity is handled in DeFi.
According to Gafoor, the CEO of ZeroLend, Turtle Club’s support helped the protocol scale to hundreds of millions in Total Value Locked (TVL) on Linea in just three months. He said,
“Turtle Club has been an indispensable partner for ZeroLend. Their support and innovative approach helped us scale to hundreds of millions in TVL on Linea in just three months. Their commitment to sustainable liquidity is vital for driving long-term success in DeFi.”
Turtle Club’s transparent and accessible liquidity model lowers protocols’ costs and offers maximized returns to liquidity providers. The platform is poised to drive long-term success in the DeFi landscape by realigning incentives and offering a sustainable liquidity solution that benefits everyone involved.
