Tulip Protocol — One Year Recap
Hello Tulip Farmers!
It’s been one year since we have launched and what an exciting year it has been! We have exceeded our own expectations, and could not be happier with our community and the support that has been shown. First off, we want to give a huge thank you to our community as we grew to over 57k followers on Twitter.
Let’s take a walk through our first year at Tulip Protocol:
April 2021
- Official Launch of SolFarm.io — SolFarm becoming the first Decentralized Yield Aggregator on Solana.
May 2021
- $100 million Total Value Locked within 48 hours of launch
- Launch of Dual Yield Fusion pools on Raydium — https://medium.com/@tulipprotocol/dual-yield-vaults-now-open-d539fe24b1af
- Solana Foundation Grant Recipient
June 2021
- SolFarm wins the Pyth Network category of Hackathon
July 2021
- Official Launch of first onchain Leveraged LP Farming on Solana — https://medium.com/@tulipprotocol/a-new-dawn-leveraged-farming-a00ba99cd61c
August 2021
- Reached $10 million in lending and $8 million in borrowing — SolFarm becomes the biggest mainnet lending market with highest utilization.
- $300 million Total Value Locked and $30 million in lending reached
September 2021
- TULIP spot and perp markets launch on FTX
- $500 million Total Value Locked reached
October 2021
- $5 million in strategic funding completed. — https://medium.com/tulipprotocol/tulip-protocol-raises-5m-from-jump-capital-alameda-research-amber-group-cadenza-ventures-cd69db5795c8
November 2021
- $1 Billion Total Value Locked reached. One of our biggest achievements to date.
January 2022
- Tulip Launches v2 Update — Releasing new Strategy Vaults, built-in Swap and more. — https://medium.com/tulipprotocol/wen-v2-now-481449dbaeb9
March 2022
- Long awaited Tulip Staking Program finally goes live! Along with our first Governance vote — https://medium.com/tulipprotocol/a-tulip-spring-staking-governance-4e74ea57a5f1
April 2022
- Solana Hackathon — @CalciferFi wins the Tulip integration hackathon prize!
- Updated Tulip Protocol UI — New sidebar and updates to UI/UX
What happens next?
The good news is, we are still engaged in expanding our operations, and our developers are still building. Over the past year we have added new members to our team from Design to Marketing and Sales.
It’s been an exciting year for Tulip, and we’re even more excited to see what the future holds. In an effort for more transparency we will be starting a Bi-Weekly Update, where we’ll be covering events, development progress, potential upcoming news and anything relevant to keep everyone up to date. So make sure you stay tuned!
Thank you, Tulip Community for being a part of the journey. We are looking forward to another year of groundbreaking success.
Happy Farmin’ 🌷
