Tortola, BVI, May 3rd, 2024, Chainwire - Turbos Finance, a decentralized exchange, has unveiled two groundbreaking liquidity strategies within the Sui ecosystem. These include an automated liquidity management vault for CLMM positions and an innovative Auto-swap feature combined with Dollar-Cost Averaging (DCA) strategies. Designed to simplify liquidity provision, these tools aim to enhance returns for liquidity providers (LPs) with minimal effort. By leveraging Sui's exceptional gas efficiency and scalability, Turbos Finance sets a new benchmark for asset management in the DeFi space.

Pioneering Liquidity Strategies in the Sui Ecosystem

Turbos Finance has announced the launch of two pioneering liquidity strategies within the Sui ecosystem. The strategies include a Sui network-centric automated liquidity management vault for CLMM positions on the Turbos DEX and an innovative Auto-swap capability combined with Dollar-Cost Averaging (DCA) strategies for simplified liquidity provision.

Automated Rebalance Vaults

The DEX’s automated rebalance vaults will enable LPs to increase their returns with less effort while users such as retail investors and professional strategy managers can also enhance their strategies and optimize LP yield by leveraging Turbos’ advanced products.

Key Innovations

Turbos’ key innovations in automated rebalance vaults include the Isolated Position Model, a departure from the traditional share pool model which is prone to price manipulation. This model offers the benefit of individual fund management for LPs, utilizing Sui's exceptional gas efficiency and scalability, and sets a new DeFi benchmark for asset management efficiency and security.

Auto-compound Fee and Rewards

The introduction of Auto-compound Fee and Rewards will facilitate easier LP pair formation by allowing single-token deposits for automatic pairing. This feature is designed to attract more users, improve Total Value Locked (TVL) and network activity, and introduce systematic investment via DCA LP functionality to reduce the impact of price volatility. To further enhance user benefits, Turbos will introduce a referral program in parallel, offering fee waivers to incentivize and reward active users.

Continuous Updates and Optimizations

These fresh liquidity strategies will be rolled out on May 3rd, with continuous updates and optimizations planned to further enhance efficiency and user experience. The launch of DCA strategies will follow in Q3.

Transforming User Interaction with DeFi

“Our rebalance vault leverages the unique capabilities of Sui to transform user interaction with DeFi," said Ted, Co-founder of Turbos Finance. "Users precisely manage their assets individually, adapting to market shifts with real-time, high-frequency adjustments. Our vault simplifies asset management through rebalancing and compounding to maximize returns with minimal effort."

Endorsement from Mysten Labs

“I’m thrilled to see the innovative digital asset management strategies introduced by Turbos Finance,” added Adeniyi Abiodun, Co-founder and Chief Product Officer (CPO) at Mysten Labs, who are investors in Turbos Finance. “It’s always fulfilling to see new possibilities offered to builders with Sui’s object data model, exceptional gas efficiency, and scalable architecture.”

About Turbos Finance

Turbos is a hyper-efficient decentralized crypto marketplace built on the Sui blockchain, offering innovative liquidity strategies and asset management solutions. With its advanced products, Turbos is committed to enhancing investment strategies and optimizing LP returns for both retail users and professional strategy managers. Notable metrics achieved so far include an all-time TVL of $28 million and cumulative trading volume of $1.5 billion, positioning Turbos as the leading DEX operating on Sui.

Contact Information

Co-Founder & CEO
Ted Shao
ted@turbos.finance

Disclaimer

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The Future of DeFi with Turbos Finance

Leveraging Sui's Capabilities

Turbos Finance is leveraging the unique capabilities of the Sui blockchain to offer unparalleled efficiency and scalability in the DeFi space. By utilizing Sui's object-centric data model and exceptional gas efficiency, Turbos Finance is able to provide a more secure and efficient platform for liquidity providers and investors.

Enhancing User Experience

The introduction of automated liquidity management vaults and Auto-swap capabilities is set to revolutionize the way users interact with DeFi platforms. These features not only simplify the process of liquidity provision but also enhance the overall user experience by providing more control and flexibility.

Attracting More Users

With the introduction of single-token deposits for automatic pairing and a referral program offering fee waivers, Turbos Finance aims to attract more users to its platform. This will not only increase the Total Value Locked (TVL) but also boost network activity, making Turbos Finance a more vibrant and active DeFi ecosystem.

Systematic Investment via DCA

The Dollar-Cost Averaging (DCA) strategies introduced by Turbos Finance will allow users to systematically invest in liquidity pools, reducing the impact of price volatility. This feature is particularly beneficial for retail investors who may not have the time or expertise to actively manage their investments.

Conclusion

Turbos Finance is setting a new standard in the DeFi space with its innovative liquidity strategies and advanced asset management solutions. By leveraging the unique capabilities of the Sui blockchain, Turbos Finance is able to offer a more efficient, secure, and user-friendly platform for liquidity providers and investors. With continuous updates and optimizations planned, Turbos Finance is poised to remain at the forefront of the DeFi revolution.

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