Tortle team believes in agile development. In essence, what you will find here is a backlog with priorities. Some features will have a deadline, and some are not. Keep eye-ing for updates.
- 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 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.
On DeFi shit just happens, technical bugs, exploits, and economical attacks plague the environment, making a lot of people lose not only their assets but their confidence in the ecosystem, for that we wanted to create what we call Tortle Relief Fund. When you finish a transaction on Tortle we will add a 0,1% of extra fee that will go straight to the fund, in case some users lose funds cause of an issue on Tortle, the fund will be activated and will try to return the funds. The Relief Fund will be operated by a decentralized system of claims, and a peer review that, against an incentive, will evaluate all the cases.
This relief fund will be based on Fantom ($FTM), staking the entire allocation to generate APR.
Maybe some users want to invest in Tesla or Apple using their crypto but what we plan is the creation of synthetic assets called Mirrored Assets, created by just adding overcollateralized crypto assets using oracles linked to “real world” assets price.
Even if risky leverage is an interesting opportunity on certain assets, but leverage on DeFi is complicated, what if we can set up a strategy, mint a unique NFT with a leveraged position, stake tokens, and set up a recipe? Leverage tokens multiply the impact of the movement of an underlying asset. This means that if you are 2x exposed to an asset, you will experience increased gains when the market moves in your favor, but also experience increased losses if the market moves against you.
A bot armada is an automatism, deployed on the Fantom network that sniffs nice investment opportunities. Our first bot will be a fresh token Sniffer, that basically will scan the Fantom new tokens, make automated due diligence based on parameters like smart contract anatomy, distribution, and price, and will buy some of those tokens, to add them to a recipe, so the user can choose what to do after, if to HODL or sell them when certain conditions are met.
Being a great invention Gas is also a hurdle for retail investors, what if we could pay the transactions on the coin we have? That is exactly what we want to do, for every transaction scheduled we will reserve a fee to pay the miner, so Tortle will pay the price of the gas the moment the transaction is done and give the rest back to the user.
About Tortle Ninja
Tortle Ninja is a no-code decentralized financial tool that was built to enable retail investors, fintech, and crypto enthusiasts to create combined DeFi strategies.
Tortle users can create combinations of DeFi operations by linking the nodes and defining a strategy. You can split, create a limit, stop-loss orders, and even more complex strategies. Tortle will validate the operation results and the composition of the operation if it is valid or invalid.
