Fertilizers, Pollination Pools and Token Distributions; The Tulips Farm Roadmap
Hello fellow farmers! After great deliberation between the team, we are proud to announce the roadmap for the tulips.farm. Moving forward, we’ve decided to slow down the development of various farm elements to be a more realistic release schedule of once a month.
There will be 4 releases that will occur between now and late January next year. They will be split into:
- The GardenV2
- Governance
- Pollination Pools (Originally part of GardenV2)
- Distribution Garden
The “Updated” Vision ~ The Distribution Garden
January 2021
Let’s start with the biggest and last part of the roadmap.
Everyone in our amazing community already knows that the Tulips Farm is envisioned to be more than just a staking platform. Originally the farm vision was a platform where other projects can airdrop their tokens to holders of Red Tulips in a fun and reliable way… So what’s changed?
WE’RE GOING A STEP FURTHER!
Introducing the distribution garden. The safe, decentralized, and best way to facilitate pre-sales, provide safe liquidity, and reward early investors.
The distribution garden is an automated A-Z launch platform. It handles every aspect of a pre-sale token launch (all in juicy smart contract code). The elements that it will handle include:
- The token sale (automated distribution after caps reached, reversal if not)
- Auto liquidity provisioning on Uniswap (and others later)
- Auto liquidity locking
- Founder token locking
- Bounty token locking
- Mint functionality locking depending on the project
- Auto setup of a fertilizer pool if token holders wish to stake for sTLPs in our beautiful tulip gardens.
- Locking everything and anything that can possibly be locked to reduce the probability of scams.
Rewarding Red and Pink tulip holders
Just by owning Pink or Red tulips, you will be able to claim dividends based on a percentage of the listing fees. Pink Tulip holders will get fewer dividends at a weighted rate of 1/5th that of a Red Tulip. So to get the same rewards as a rTLP you will need 500 pTLP’s.
Since this is a massive undertaking, we plan to have this platform audited before launch to avoid any mishaps.
This is just a sneak peek of the features, more details on this system will be released in a future medium article.
The GardenV2
November 2020
The next update that everyone has been waiting for is just around the corner. The Garden contract will be updated to V2. Keys will be migrated but V1 will still be accessible on our website for latecomers (just in case a farmer put their rTLP growing address into cold storage).
So what’s new with GardenV2?
- UPDATE: More getter functions to keep track of global statistics
E.g. Total seeds grown, total seeds burned etc. - NEW: Multiple planting garden beds (grows different batches of tulips at the same time with the same address)
- NEW: Token decomposition functionality (decompose tulips downwards at a loss. 1 Pink tulip can be decomposed into seeds over 24 hours at 80% efficiency, while 1 Red tulip can be decomposed into seeds over 24 hours at 90% efficiency.
- UPDATE: Growing Red tulips from pinks will be permanently set at 30 days with this update due to the previous Garden bug that was recently found.
- NEW: Fertilizer Shed will be integrated into the contract allowing external liquidity tokens to be staked for seeds on top of the Tulips suite.
- UPDATE: pTLP holders can now stake for sTLP’s just like rTLP’s at 1/5th of the rate. 100 pTLP’s will yield 2 seeds per week. pTLP’s will need to be staked whole but rewards can be in decimals.
A more detailed summary of GardenV2 will be available on launch.
Governance Tavern
December 2020
The long-awaited and highly anticipated release of a governance system is now under development. This is an incentive offered to our community that welcomes everyone who participates in the growth of red tulips. Proven holders of rTLP (Red Tulips) tokens will be invited to contribute with a community of other rTLP holders where they can deliberate, vote, and help further the direction and vision of Tulips.Farm.
This will enable the holders of rTLP’s to be able to vote on proposals put forward by the owners, admins, moderators, and even holders of rTLP tokens. Giving power to the community and rewarding those who participate in the growth of tulips. Voters will help decide the direction that Tulips.Farm takes here on in.
More details into the exact processes of how governance operates will be released within the coming weeks.
Pollination Pools (Airdropping external tokens)
December 2020
Liquidity pool mining is now getting interesting! Instead of just simply staking your liquidity tulip pair token and being rewarded sTLP’s (seeds), new reward pools that distribute external tokens will become available as an option. The concept is simple and works exactly like how our existing rTLP growing functions, the only change being you can now choose exactly which token you would like to accrue rewards for.
Updates made to the existing garden contract, such enabling us to provide even more statistics such as APY’s, estimates for total accrued rewards (both current accruement and estimated full reward accruement should you wait the full 45 days), and other general global statistics will also carry over.
Be sure to keep an eye on this space! As new partnerships and reward drops will become available over time. And with the governance functionality being introduced at the same time, this means the community will have a voice in the partnerships we will try to ensue!
Details on partnerships and new token rewards will be announced as they happen!
