$TURTLE Token Public Sale
We are excited to announce the public sale for $TURTLE, the native token of Sei Turtles Protocol
The public sale will begin on 06–19–2023 at 15:00 UTC and will end on 06–21–2023 at 18:00 UTC.
Keep in mind that collected $TURTLE from public sale will be used for liquidity in the $TURTLE — $SEI pool in Sea Swap Dex.
1 Billion $TURTLE tokens were minted at genesis. The total supply of $TURTLE is hard-capped and will not exceed 1B tokens.
Note that participants need $SEI on the Sei Network to participate in the sale, and will also need it to pay for transaction gas costs.
Introducing $TURTLE:
TURTLE is an experiment in decentralized finance.
The evil SeagulCartel are running rampage around the world eating precious TURTLE, and the only way to protec your TURTLE is to lock them in special vaults. Each vault offers a different level of protection from the Cartel, and some even offer variable rewards for using them, so it is up to you which vault you think is best for you.
But ALWAYS remember: if you do not use any vaults, your precious TURTLE will gradually debase from your wallet.
What consequences does the debase have?
Debase affects all TURTLE in circulation, including the TURTLE that are in each Liquidity Pool (LP), so if no one is buying or selling any TURTLE, the number of TURTLE in LP will decrease at the debase rate, and hence the value of the TURTLE will increase.
How do we protect our TURTLEs?
You can protect your TURTLE by locking them in one of the vaults: Sea Vult, Beach Vault.
The Sea Vault fully protects your TURTLE from any debase, but requires a 14-day locking period. Beach Vault do not protect your TURTLE from debase, but you will receive TURTLE as a reward for using them, which can outweigh the debase rate, and they also have a shorter locking period of 7 day.
If you are using a vault that gives you TURTLE rewards, you can claim or compound these rewards.
Vesting Details:
All $TURTLE from public sale will be opened after the public sale ends. No VC, no private sale, and no sudden unlock.
