What does Turtle Club do?
Turtle Club provides an on-chain liquidity distribution protocol that enables liquidity providers to earn rewards across multiple protocols while offering transparent metrics and sustainable incentive models for strategic deployment.
How much did they raise?
The company raised $6.2M in Seed funding, led by THEIA with participation from Susquehanna (SIG), Laser Digital, Consensys, Selini, RE7 Capital, L2IV, Archimed Capital, Trident Digital, Bodhi Ventures, Shorewoods, Triton Liquid, AUROS Global, Chorus One, Frachtis, Moonhill Capital, Tulipa Capital, and notable angel investors including Ethereum co-founder Joseph Lubin, among others.
What are their plans for the money?
Turtle Club plans to use the funds to expand its operations and accelerate its development efforts, which may enhance its ability to distribute liquidity more efficiently across various protocols and chains.
What have they achieved so far?
Since its launch in March 2024, the company has made progress in aligning incentives among projects and liquidity providers, establishing transparent metrics and sustainable incentive models.
