KEYTAKEAWAYS
- Innovative DEX on Sui: Turbos Finance enhances DeFi with centralized liquidity AMM and permissionless token listings for efficient, scalable trading.
- Power of $TURBOS: The $TURBOS token supports on-chain liquidity, governance, and user benefits like fee discounts, driving ecosystem growth.
- Strategic Growth Tools: TurboStar and TurbosBoost accelerate Sui project development through fundraising, presale pricing, and expert support.
CONTENT
Turbos Finance, a cutting-edge DEX on the Sui blockchain, offering seamless perpetual contract trading, high efficiency, and innovative DeFi features.
WHAT IS TURBOS?
Turbos Finance is the first decentralized platform built on the Sui blockchain, focusing on offering slip-free perpetual contract trading and spot trading. With support from Sui, Turbos Finance has created a faster, cheaper, and more secure trading environment. On March 29, 2023, the platform received investment from Jump Crypto, a leading investment institution in the crypto sector, underscoring Turbos’ potential and reinforcing its mission to build a non-custodial decentralized exchange (DEX) on Sui.
▶ Turbos Official Website: https://turbos.finance/
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Unique Value Proposition of Turbos
Turbos Finance is committed to building robust public infrastructure on the Sui network, with a focus on centralized liquidity automated market makers (AMM) featuring a complex fee structure.
- Maximizing Capital Efficiency
Turbos Finance revolutionizes the decentralized trading market by introducing the concept of centralized liquidity. The platform narrows the trading range for liquidity providers, effectively eliminating unused collateral and maximizing return potential, thereby enhancing capital efficiency.
- Enabling Dynamic Asset Management
The platform grants liquidity providers full autonomy over the trading price range of their assets. With flexible price range management tools, limited partners can adjust the price range in response to market changes, better adapting to dynamic market conditions.
- Simplifying the Trading Experience
Turbos Finance‘s decentralized application (dApp) is known for its minimalist design and user-friendly UI/UX features, making trading simple and intuitive. Whether new or experienced, the platform provides users with all the tools needed to achieve their trading goals without unnecessary complexity.
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$TURBOS: THE PROTOCOL TOKEN OF TURBOS FINANCE
$TURBOS is the protocol token of Turbos Finance, designed to offer benefits, rewards, and incentives to community members, supporting the development of a robust ecosystem. With a maximum supply of 10,000,000,000, $TURBOS plays a crucial role in enhancing on-chain liquidity through its staking mechanism.
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Features and Benefits of $TURBOS:
- On-Chain Liquidity Support:
$TURBOS supports on-chain liquidity, encouraging active participation in the network.
- Community Governance:
Token holders can participate in community governance, helping shape the future of Turbos Finance by voting on key decisions and proposals.
- Fee Cashback and Discounts:
Users holding $TURBOS can enjoy cashback on transaction fees and access various discounts, enhancing the overall user experience.
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Token Distribution:
※ 18% allocated to the team
※ 15% for private investors
※ 12% for the financial department (including IDO, IEO, and partnerships)
※ 5% for marketing and operations
These features make $TURBOS integral to fostering a vibrant and engaged community while supporting the sustainable growth of the Turbos Finance ecosystem.
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KEY FEATURES OF TURBOS FINANCE
Turbos is set to establish a comprehensive DeFi ecosystem on Sui, comprising three key components:
- Centralized Liquidity Market Maker (CLMM) Decentralized Exchange (DEX)
- Permissionless Token Listing in the Sui Ecosystem
- Perpetual Contract Automated Market Maker
Turbos Finance is currently the only DEX on the Sui Network capable of implementing ABC smart routing. The centralized liquidity feature of Turbos allows users to customize their price range as liquidity providers (LPs) and view the corresponding APR. This helps LPs maximize their returns while avoiding excessive impermanent loss. Additionally, Turbos has integrated Wormhole, enabling users to easily transfer assets onto the Sui Network for trading.
TURBOS FINANCE PRODUCTS
1. Centralized Liquidity AMM
Turbos CLMM DEX allows users to provide liquidity within specific price ranges, maximizing capital efficiency and minimizing impermanent loss for liquidity providers. This approach ensures a sustainable and profitable trading experience.
At Turbos Finance, centralized liquidity AMM is reimagined to be more user-friendly and cost-effective compared to traditional DEXs or CEXs. Traders won’t have to pay any deposit or withdrawal fees while benefiting from a low 0.1% trading fee.
2. Turbos Automated Rebalance Vault
The Turbos Automated Rebalance Vault is a groundbreaking tool within the Sui ecosystem, designed to revolutionize how individual liquidity providers manage their assets. At its core is our innovative isolated vault design, which maximizes security by keeping user assets under their control while leveraging Sui’s gas economy. This unique setup allows users to customize their rebalancing strategies to suit their investment style and risk tolerance, rather than being confined to the one-size-fits-all approach typical of traditional shared pool models.
3. TurboStar
The pioneering TurboStar initiative aims to accelerate the development of projects within the Sui ecosystem by facilitating seamless fundraising, raising awareness, and granting access to initial DEX offerings at presale prices. To protect investors, TurboStar plans to implement strict anti-rug-pull rules.
TurboStar charges a 0% commission on Sui ecosystem projects. Key attributes for projects include active community engagement, robust product design, high liquidity provisions, and support from Mysten Labs or the Sui Foundation in the form of investments, grants, or Builder Hero recognition.
Moreover, the TurboStar program connects Sui ecosystem projects with top-tier service providers, including market makers, media partners, KOLs, and pilot users, ensuring optimal support throughout the project development process.
4. TurbosBoost
TurbosBoost is designed to further accelerate the growth of the Sui ecosystem. It provides presale pricing for initial DEX products, increasing visibility and easing fundraising efforts. The Sui Foundation and Mysten Labs offer financial backing, encouraging community participation and maintaining liquidity—all without charging commissions. This support is delivered through the Builder Hero Program, grants, and various investments. Additionally, TurboStar connects projects with pilot users, market makers, influencers, and media partners, providing active support throughout the development journey.
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IS TURBOS FINANCE ($TURBOS) A GOOD INVESTMENT?
Turbos Finance is an ultra-efficient DEX on the Sui network, designed to enhance digital asset ownership while providing users with higher returns and a convenient trading experience. When considering cryptocurrency investments, it is crucial to conduct your own research and understand the risks and volatility associated with crypto trading and investing.
However, as a relatively new and unique project, Turbos Finance offers many well-designed innovative features that promote growth, making it attractive within the DeFi space.
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FAQ
- What is Turbos ?
Turbos is an ultra-efficient decentralized exchange (DEX) with on-chain liquidity, derivatives trading capabilities, and unprecedented scalability. The platform is based on Sui.
