TURBO: Charged yield farming!

Turbo.farm BSC
3 min readMar 6, 2021

Feel the adrenaline… the compressor surge… the need for speed! TURBOcharge your yield farming experience with Turbo.

Turbo is a yield aggregator that optimizes your automated yield farming by leveraging on best-of-breed strategies in the DeFi. Whether you are experienced or new to DeFi yield farming, Turbo aims to rev up your yields while providing a sleek and friendly user experience.

Under the hood

Automated vaults

Click, done. Sit back and watch your assets compound. Leave the heavy lifting to the code. By pooling gas costs and applying best-of-breed strategies, Turbo provides maximized APYs on your investment. PancakeSwap farms will be available upon Turbo’s launch — we will be adding other farms as we expand our garage.

No harvest and withdrawal fee

We have looked around. Turbo will only take fees when it performs, and not when users harvest or withdraw their funds. We will take a 2% performance fee. To deter front-running and abuse, there will be a small 0.1% entrance fee. Most of the fees collected will be used for buybacks and burns so that all TURBO holders benefit ultimately.

TURBO tokens

A strong and thriving community is the most important component of Turbo’s ecosystem, and we want our users to have a stake in Turbo’s growth. TURBO token is the governance token in the Turbo ecosystem, which will be used for proposals and voting, empowering TURBO token holders to decide how Turbo should grow.

Sustainable tokenomics for the community

The long-term growth of Turbo and the value propositions of TURBO tokens depends on a sustainable tokenomics model. Our tokenomics and fees are designed to encourage long term provision of liquidity and staking of TURBO, although these are subject to change through community governance.

Part of the performance, entrance and transaction fees will be used to perform buybacks and burns to counter inflationary pressures. A significant part of the fees collected will be distributed to long-term Turbo vault holders.

The max and initial supply of TURBO is 60,000. Through regular burning, we will reach our target ending supply of 10,000 for maximized token value growth. 70 TURBO will be emitted daily.

Through regular burning, we will reach our target ending supply of 10,000 for maximized token value growth.

Roadmap

  • Pre-sale
  • Staking
  • Launch of PancakeSwap vaults
  • Listing (CoinMarketCap & CoinGecko)
  • Audit
  • Charge⚡: Automatically convert your single tokens into LP tokens with a single click, skipping the need to exchange and add liquidity in PancakeSwap.
  • SmartCharge⚡⚡: Automatically convert your single tokens into a basket of LP tokens or vaults in a single click, based on a chosen risk level — “ETF pool”!

Risk warning

This is an experimental project and there is a risk that you can lose all of your money. Do not put in more money than you are willing to lose. This is not financial advice; you are advised to DYOR as we will not be liable for any loss.

Pre-Sale

We invite you to TURBOcharge your yields! Pre-sale of TURBO token will be announced soon. It will take place on Bounce (link to be announced here). The pre-sale will take place over 3 days, and staking will commence after that.

Race on!

--

--

Turbo.farm BSC

TURBOcharge your yield farming experience with Turbo.