Question 1

What is Turtle (TURTLE)?

Accepted Answer

TURTLE is a fungible token **deployed on Ethereum (ERC-20), BNB Smart Chain (BEP-20) and Linea (ERC-20 on L2)** that underpins the Turtle ecosystem, a coordination layer built to direct and measure liquidity activity across DeFi venues and chains. The token’s primary role is to enable on-chain governance and access to protocol participation features while keeping users’ funds in self-custody. TURTLE can be staked to mint a non-transferable governance derivative (sTURTLE) used for proposing, delegating and voting. Governance runs on widely used smart-contract frameworks and supports delegated voting, explicit proposal thresholds, quorum requirements, voting delays and fixed voting windows. Turtle’s infrastructure integrates with protocols and applications through APIs and purpose-built modules, allowing the network to attribute liquidity contributions (e.g., LP deposits, staking, routing, referrals) without taking custody.

Question 2

What is Turtle (TURTLE) token used for?

Accepted Answer

- **Staking → governance power:** Holders stake TURTLE to receive sTURTLE, which carries voting and delegation rights. Proposal creation requires meeting a defined sTURTLE threshold; votes are counted against a published quorum, with a time-boxed delay before voting starts and a fixed voting period.

- **Policy & parameter setting:** sTURTLE is used to approve or reject protocol upgrades, configuration changes, integration parameters and programme allocations that shape how liquidity campaigns are run.

- **Access to participation features:** Stakers gain access to governance interfaces (proposal creation, signalling, delegation management) and to gated, non-financial utilities that improve coordination (e.g., allowlists for pilots, advanced dashboards, contributor workflows).

- **Ecosystem coordination:** TURTLE powers the rules by which the protocol tracks wallet-level activity and recognises contributions across supported chains and integrations, enabling fair distribution frameworks for campaigns and partner programmes.

- **Non-financial nature of utilities:** Holding or staking TURTLE does not confer ownership of the protocol entity, profit-share, fee rights, redemption rights, guarantees of value or counterparty obligations. Any financial rights would require explicit future introduction via governance and contract changes.

- **Operational model:** The protocol is non-custodial. Liquidity remains in users’ chosen venues; Turtle focuses on integrations, attribution and governance rather than holding assets.

- **Security & operations:** Contracts use established standards (**ERC-20/BEP-20**) with an audited governance stack. Multisig/DAO controls are disclosed, and external audits are planned/published via official channels. **Cross-chain operation** is supported through interoperability tooling, with deployments on **Ethereum, BNB Smart Chain and Linea** enabling consistent attribution and governance across supported networks.

Question 3

Who created Turtle (TURTLE)?

Accepted Answer

Turtle is developed by the community with stewardship from Turtle.Club Association, a Swiss association based in the Canton of Zug. The board includes Seyed Esfandiar Benjamin Lagevardi (President), Felix Paul Frisk and Caspar Robert Sauter. The project’s contributor base spans smart-contract engineering, integrations, risk and data operations, and community governance.


TURTLE	ERC20	ETH	0x66fd8de541c0594b4dccdfc13bf3a390e50d3afd	2025-10-01
TURTLE	BEP20	BNB	0x66fD8de541c0594b4DccdFc13Bf3a390E50d3Afd	2025-10-01
TURTLE	ERC20	LINEA	0x56aa6d651bfefa9207b35e508716466359bae8ef	2025-10-10