Tulip Protocol — January Update
Welcome back to our recap series, where we take a closer look at the development progress, achievements and challenges we faced in the past month. So let’s dive into the highlights of the past month:
Raydium Phase 1 Claims
RPCpool Outage
TrustWallet Integration
New Vault Launches
Raydium Exploit Resolution: During the past month, we have been focused on resolving the recent exploit. While we have been working towards a resolution, unfortunately, Tulip was not part of the phase 1 claims. As a result, our Leveraged Yield Farming deposit remains disabled until further notice. We understand that this may be inconvenient for our users, but we ask for you patience as we work towards a resolution and restore normal operations.
Update: At this moment all non leveraged positions are part of the Phase 2 claim. We are still working with Raydium for leveraged positions, and will update when available. This means that our leveraged yield farms will soon be restored to normal operations. We appreciate your patience as we worked with Raydium to provide a solution.
RPCpool Outage: We recently experienced a brief interruption with our RPCpool service. We have resolved the issue and the service is now restored and fully operational.
TrustWallet Integration: We are excited to announce that Tulip is now integrated with TrustWallet, one of the leading mobile wallets in the space. This integration will allow our users to securely store their assets and access yield farming from Tulip directly from their TrustWallet.
We have recently launched a series of vaults, including the BONK Vault, LMDA Vault, and SAMO Vault, providing users with a range of new opportunities to earn auto-compounding rewards.
We will continue to ship as we are optimistic about the future of yield farming on the Solana network.
As we move forward, we are focused on continuing to provide our community with the best possible experience. Stay tuned for more updates and announcements. And as always Happy Farmin’
About Tulip Protocol
📧contact@tulip.garden
