Tulip

Tulip is an algorithmic stablecoin that is pegged to the cost of $ROSE on Oasis Emerald. Emerald is an EVM-compatible blockchain operating inside the Oasis ParaTime. The native token utilized for gas fees is ROSE, and it is referred to as the inspiration for Tulip.money.​

$TULIP is an algorithmic stablecoin supporting Tulip.money, a DeFi ecosystem on Emerald Oasis. Tulip.money involves LP Farms, native DEX TulipSwap, a Garden for receiving rewards, autocompounding Bouquets, and others. There was a January 2021 presale of 90,000 ROSE with a maximum allocation of 3000 ROSE. The first Genesis Pool (USDT) was launched in January 12, 2021, followed by another round of Genesis Pools (ROSE, WETH, YUZU) which went live on January 14 and ran for 24 hours.

After the closure of the Genesis Pools, Tulip LP Farms and shares token (PETAL) were launched. This allowed investors to create TULIP-ROSE LP plus PETAL-ROSE LP in order to get extra PETAL. The Garden, the project’s idea of the Masonry on tomb.finance, was similarly launched, which enabled staking of PETAL in order to earn TULIP. There are three LP farms that are live on Tulip.money and they consist of available pools via YuzuSwap for TULIP-ROSE LP, PETAL-ROSE LP, and PETAL-TULIP LP.

Petal,Tulip, Bud