June Bi-Weekly Recap
Hello Tulip Farmers! Welcome to the first edition of the Bi-Weekly Update! In these newsletters, we’ll be covering events, development progress, potential upcoming news and anything else that may be relevant to keep everyone up to date. We are pleased to share with our community updates to our project.
Overview:
- AMA with Exodus Wallet
- Atrix Protocol Auto Vaults
- Leveraged Farming update
- Grafana Dashboard
- Sec3™ Audit
- dApp Updates
- Upcoming Tulip Farmers Fund
AMA with Exodus
Tulip Protocol was delighted to host the CEO of Exodus Wallet for an AMA on our Twitter. The discussion covered aspects of NFTs, Lending, and Strategy Vaults. Additionally, we spoke about why we built Tulip, the future of Solana dApps, and what’s next for Tulip. If you missed the AMA you can find the recording on our Twitter. (https://twitter.com/TulipProtocol/status/1531362044288589826)
Atrix Protocol
You asked for new vaults? We listened! We are excited to announce Atrix Autovaults are now live.
- Atrix: SOL/USDC, GMT/USDC, mSOL-USDC
Leveraged Farming update
Last week, our development team pushed a couple updates to our Leveraged Farming platform. These changes were minor fixes to the transactions, which we hope will enhance your experience.
Orca
- Decreased Open and Add Collateral transactions from 4 to 2
- Close Transactions from 4 to 3
Raydium
- Open and Add Collateral transactions from 4 to 3
These optimizations will reduce the amount of transactions to reattempt thus help our background retry.
Grafana Dashboard
One other update we feel is worth noting is that we have migrated the Grafana Dashboard and have analytical data on historical interest rates and utilization rates. Users will now be able to see historical rates on all our pairs here. (https://grafana.tulip.garden/d/NfmOZZjnk/historical-interest-rates?orgId=1)
Sec3™ (Formerly Soteria)
Last couple weeks we announced Tulip Protocol’s Rust programs are now protected by Sec3. Our dev team has been working with Sec3 to improve vulnerability recognition and false positive handling. We look forward to continuing this partnership as we help improve automated security auditing in the Solana space.
dApp Updates
USDr-USDC Atrix Vault — We are proud to announce the addition of this vault for you farmers to earn compounding yield without going through countless steps.
Lending/Optimizer Update — Re-enabled Solend deposits for our lending optimizer. The developers also deployed a first pass at automated “Risk Management” tool that allows Tulip to avoid depositing/rebalancing funds into a lending protocol with high utilization.
Tulip Farmers Fund
Stay tuned for the launch of our Tulip Farmers Fund, a community grant program to support farmers wanting to build in the Tulip Ecosystem. Make sure to stay tuned in the upcoming weeks for more information on this!
Thank you, Tulip Community for being a part of the journey. Stay tuned, as we have a series of significant updates and announcements scheduled.
Happy Farmin’ 🌷
