Ninjastic
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[ANN][Tortle Ninja]A nocode DeFi tool and coin
by
Gluestack
on 28/09/2021, 10:09:20 UTC


Tortle Ninja is a #nocode #DeFi tool built to enable crypto investors to create combined DeFi strategies.

Website https://tortle.ninja

Docs & Whitepaper https://docs.tortle.ninja

Telegram Channel https://t.me/tortleninjaTG

Facebook Page https://facebook.com/tortleninja

Medium https://medium.com/@tortle.ninja

Subreddit https://reddit.com/r/tortle_ninja/

Presale Whitelist https://preview.arengu.page/163040424270066730


DeFi Landscape is an everchanging scenario with lots of new solutions, projects, and brilliant (and not so brilliant) ideas, but some problems remain unsolved, one of them is how to deal with increasing complexity, new tools, new financial products, and the asymmetry this creates between so-called whales and regular users. Whales have access to programming tools, bots, and developers that give them a technical advantage. Well, Tortle is designed to disrupt this 😏.
Tortle Ninja is a no-code DeFi Framework, which allows the creation and trigger of combined operations, Tortle Combo recipes, allowing users to create complex operations in a simple way. Tortle enables you to save these operations and re-use them in the future, making possible the creation of easy-to-use DeFi strategies and products, like our Bitcoin Savings Account.
Tortle Ninja is fast, easy and anyone can use it.
It also got Turtles 🐢, combos💥 and lots of action🥷

How Tortle Works
Tortle enables the users to create combinations of DeFi operations. All you have to do is linking the nodes and define a strategy, with this you split, create limit and stop-loss orders, and even more complex strategies. Tortle also can validate the operation results and the composition of the operation, so invalid operations are rejected.

With Tortle anyone can create Financial products and strategies: fintech, crypto enthusiasts, and even old-school sordid bankers build can pack and use complex crypto operations, tailor-made funds, and financial products, leveraging risk and profits.



Why Binance Smart Chain (BSC)?
Basically, BSC's superior speed and much (much much) lower transaction fees let us do combos in an easy way. The core team of Tortle radically believes in decentralization, and we love Ethereum, but the actual state of fees on Ethereum Network made BSC a better start point. We will go to Ethereum soon promise.


Decentralized vs Centralized: A hybrid approach.
The idea behind Tortle is to give DeFi enthusiasts the same tools great whales have, so they compete better, developing the project we had an important question, should all the strategies should be on-chain? And the answer is yes and no. The V1 of Tortle will do most operations off-chain, so only the user can know the strategy, (it won´t be a useful tool if any bot can see where all users your stop-loss limit) on our future V2 we will allow on-chain Combos, check our roadmap for more info.



When creating the Tortle Token design we wanted to create something unique, hard as a turtle shell, to protect our holders and especially our early adopters from dumping, inflation...

All this section is still a draft, check often for the final version


Ticker: TBD
Contract Address: TBD
Chain: Binance Smart Chain (BEP-20)
Max Cap: 150,000,000 TRTL

For every 1 BNB earned as fees, up to 233 TORTLE  are minted. You can earn TORTLE by using recipes, or you can buy TORTLE using any of our Combo Recipes, or Swap it on Pancake or any other AMM.

Token Allocation
  • 7,000,000 Tokens for Team  (With Vesting Period).
  • 7,000,000 for Partnerships and Ecosystem collaboration.
  • 7,000,000 For Presale and early investors.
  • 129,000,000 Tokens will be distributed over platform users.



USES of TORTLE

Governance
All token holders will be able to have a say in the future direction of the project via voting on proposals in the TORTLE DAO. The goal is that in the long run, users of TORTLE can choose the new features to implement, change policies...
Decisions include setting fees, reducing incentives, define burn policies, and adopting new features. The Tortle DAO will be created at some point in 2022.
Anyway, governance will be a feature since the public sale.

Tortle Chest
For every transaction a 0.3% of fee is applied, from that 0.1% goes directly to the Tortle Chest. Tortle hodlers can, every month, vote on what to do with the chest, we can do different things like:
  • Buyback Tortle Tokens and burn them.
  • Support a charity.
  • Support other projects.
  • Share fees between hodlers.
  • Any other idea proposed by a Tortle Hodler.

How to Earn Tortle
At the end of every combo, some Tokens are sent to the combo owner. To impulse the deflationary nature of the Token the total TRTL created decreases over time, so early adopters get a much better bonus.


Conversion rate:



Burn Mechanism
Tortle works charging 0.5% at every transaction and 0.1% of every transaction are used to buy back and burn tokens every day, so, in the long term deflation is assured. We will set up additional burn mechanics further.


Presale
Date: TBD
Allocation: 7.000.000 TRTLs.
Launch: TBD
Presale has 2 Phases:
Early Bird:
Early Bird presale has a bonus, so 750 TRTL tokens are given per 1 BNB, for applying to presale you need to be Whitelisted. Max Contribution is 2 BNB.
Use this form to apply for the Whitelist https://preview.arengu.page/163040424270066730
 
Regular Presale:
500 TRTL Tokens are given per 1 BNB. If all 15,000 BNB gets sold and allocated a total of 7.000.000 TRTL will be issued.
Presale details will be published on a smart contract soon.