Bi-Weekly Update: July 15th — 31st

Published in

Tulip Protocol

2 min readAug 5, 2022

Hello Tulip Farmers 👨‍🌾 and friends. We are back with another bi-weekly update! Here is what happened over the past two weeks.

Events

SolanaFM partnership
Brave Wallet integration
Streamflow AMA
Blackfish/Amarante Grant
Snowflake Partnership

Development Progress

Stop-loss feature

SolanaFM Partnership
Tulip Farmers can now track transactions with their fund flow chart, making understanding complex transactions like leveraged farms easier than ever.

Brave Wallet Integration
Last month Brave announced their Wallet Partner Program. Tulip partnered with Brave to integrate the Brave Wallet connection.

“Tulip believes in simplifying yield for all end users. A partnership with Brave brings us closer to our ideals as we can help Brave Wallet users tap into single-click yield generation with our protocol. We’re excited to continue to work with Brave in the future,” said Senx, Co-Founder at Tulip Protocol.

Streamflow AMA
Lui from Streamflow was kind enough to answer some questions in an AMA hosted by mst from Tulip. We discussed the inspiration for Streamflow, and the big plans Streamflow has for the future. For more on this AMA you can listen to it below in our Twitter Spaces.

Blackfish/Amarante Grant

The Tulip Farmers’ Fund officially funds its first grant, which will go towards @0xBlackFish & @AmaranteCodes. To develop a dashboard that provides the DAO with a broad overview of the protocol’s KPI’s.

We have also revised our application process to include:

Draft Proposal Review/Comment Period
Applicant Q&A for the DAO
DAO on-chain vote

Snowflake Partnership

Tulip now uses Snowflake Safe to manage our treasury through a secure multisig wallet provided by Snowflake.

Stop Loss Feature

We’ve recently released our long awaited Stop Loss feature! To use the stop loss feature, simply go to our Leveraged Yield Farming page to open a position. Then, check the “Add Stop” option and enter the stop loss price you would like to set. Once your stop loss is set, upon trigger there will be a Stop Loss fee of 1%. Note that you can also add a stop for existing LYF positions. For more information you can check out our GitBook.