$TURTLE Token Rights

Updated Apr 24, 2026

Overview

Token(s): TURTLE
Token Type: GovernanceUtility
Utility: Staking, Protocol Access, Fee Discounts

Turtle operates a vertically integrated liquidity provisioning stack spanning issuance, incentivization, discovery, and distribution of earn opportunities. The TURTLE token is designed to capture Turtle's economic upside.

Governance Rights

Control

Holders can stake TURTLE for sTURTLE, which provides the ability to delegate and vote on governance proposals. Ultimately, governance will define the future of Turtle and the TURTLE token. Turtle's Core Team will be responsible for implementing governance decisions as they progress through the governance process. A Canceller address exists with the power to cancel a proposal in the governance system.

Governance Decisions

sTURTLE

sTURTLE must be delegated, either to holders themselves or a Turtle delegate to activate voting power. Voting happens onchain, execution happens offchain by the Core Team or Foundation.

Treasury Decisions

sTURTLE

sTURTLE voting process covers treasury management proposals.

Revenue Decisions

sTURTLE

sTURTLE process governs protocol parameters, incentive design and expensions that affect revenue flows.

Fee Switch

Protocol revenue is currently reinvested into product development and treasury management. The Turtle DAO voting process covers treasury management.

Resources

Address Listhttps://docs.turtle.xyz/token/contracts

Q1 2026 Investor Updatewww.turtle.xyz

Equity Statement

Turtle is structured around a single asset: $TURTLE. There is no equity layer above it, no parallel cap table, no competing instrument. All value and IP created across Turtle products accrues to the token. Turtle is domiciled as a Swiss Verein association under Art. 60-79 of the Swiss Civil Code. Swiss association law structurally prohibits equity issuance and parallel share classes.

Economic Rights

Value Capture

Protocol revenue is currently reinvested into product development and treasury management. Holders participate in protocol economics through staking mechanics: boosted yield rates and preferential allocation access represent the current distribution layer. Staking accesses allocations, lower fees and increased capacity.

Buybacks

N/A

Dividends

N/A

No dividend or revenue distribution is currently active

Burns

N/A

No burn mechanism is currently active

Ownership

Raise History

2 rounds · $11.7m total

Date	Amount	Round	Valuation
Oct 20, 2025	$5.5m	Strategic	—
May 12, 2025	$6.2m	Seed	—

Fundraising: Token Sale
Equity Revenue Capture: No
Associated Entities: DAOCore TeamFoundation
IP & Brand: DAO
Domain: DAO