14.6K @SujalJethwani I Just dropped a fresh research piece on @binance Square
Decoded the new $TURTLE Token Memorandum from @turtledotxyz
- $7.52M Mcap
- $8M Teasury
- $46M Active TVL
and a memorandum that nobody on CT has actually read yet.
I wrote the full breakdown on Treasury, utility roadmap, on chain metrics
Read it here (LINK) 👇
14.6K @SujalJethwani @binance @turtledotxyz Read Full Article:
https://t.co/zF3H0mhMIJ
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17.4K @flb_xyz $TURTLE is up almost ~40% in the last week
Why? Part of the answer is transparency
The protocol just scored 40/40 on the Blockworks B2 Token Transparency Filing
The B2 filing is an open disclosure framework covering:
• Entity structure
• Fundraising history
• Tokenomics breakdown
• Market maker agreements
• Treasury flows
Turtle's approach is straightforward: no company above the token, no equity holders, no hidden supply, no mint function
@turtledotxyz = $TURTLE
Following all of the hacks and various markets such as $RAVE, we are seeing some pricing in of transparency around proper token alignment and clear disclosures
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70.8K @oxtochi ignorance premium no longer exist as much cos people now actually do extensive DD
as a result, the market is slowly pricing in on transparency premium
turtle just completed the blockworks b2 token transparency filing, scoring 40/40
the filing consists of a full disclosure on:
+ token allocation
+ market structure
+ project and team
+ financial disclosure
quite a clear signal from turtle indicating that the company isn't above the token, there's no hidden supply or mint function, no equity holders
just 1 token, and fully aligned
think what's happening here matters more than people realize cos transparency like this is what makes a token easier to trust and bid into
transparent token is the new standard
70.8K @oxtochi deets of the transparency report can be found here:
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