Vault Strategy

Difference between Raydium/Orca & Tulip

Tulip autocompounds Raydium or Orca farms, swapping the token emissions into more LP, adding to your investment overtime.

  1. User Deposit Raydium LPs into Tulip

  2. User gets Ray Tokens every Block (5s)

  3. Tulip harvests every 10 minutes (and deducts fees)

  4. Tulip swaps the Ray rewards into more LPs

  5. Adds the LP into the stake.

Thanks to the power of compounding, Tulip farmers can outperform Raydium LPs assuming all else constant.

IMPORTANT: We display returns in APY to account for the compounding effect, and will be higher than Raydium or Orca's APR figures. Take note that it is the same underlying investment, we simply automate the process for you.

Tulip Autovaults

Currently, all AMM vaults are supported with the following Tulip Autovault strategy. The user deposits their AMM LP tokens into the vault. Rewards are harvested every 10 minutes and sold for LP constituents which is then added to LP and compounded. In the case of Dual Yield/Double Dip Vaults, minor asset exchange may be required to rebalance for LP add.

You can find our Medium guide here.

To avoid users hopping in and out of vaults to game rewards, you will be required to keep your funds in the pool for at least 2 hours to avoid any penalties. If you withdraw before this period elapses, you will forfeit any rewards accrued during that time.

In V2 vaults, vault shares are locked for 20 minutes before the user can release them to either unstake or transfer to another address.

Future Strategies

Our team is constantly monitoring the DeFi space on Solana and will be looking to implement new yield strategies as more pieces emerge.

Vault APY calculation

((1+(periodicRate/100))^numberOfPeriods)-1 * 100 = APY

periodicRate = daily apr / 24

number of periods = 8760

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