In this article, we have examined what Turbos Finance (TURBOS) is, its features, and how to buy TURBOS coin.
What is Turbos Finance?
Turbos is a groundbreaking, decentralized, permanent contract, and zero-slippage exchange built on the Sui blockchain. It provides users with a secure and efficient trading platform with minimum fees while increasing asset liquidity in the Sui ecosystem. In this article, we will explore the advantages of Turbos, why it chose to be based on Sui, and examine the TURBOS token designed to ensure stability and sustainability.
Why Did TURBOS Choose Sui?
After conducting comprehensive research on its underlying technology, Turbos decided to develop on the Sui blockchain. Sui is a Layer 1 blockchain that outperforms others in terms of transaction efficiency, lower fees, and secure smart contracts. With extensive Web3 application development and scalability support, Sui can serve a wider user base.
How to Buy TURBOS Coin?
- Create an account on our recommended exchange platform.
- Deposit suitable cryptocurrency (USDT) or fiat currency (Dollar, GBP, EURO) into your account.
- Search for TURBOS/USDT and place an order for purchase.
- Wait for your transaction to be completed and store your Turbos Finance (TURBOS) Coins in your wallet.
TURBOS Tokenomics
To ensure the stability and sustainability of the platform, Turbos has carefully designed its tokenomics. Here is an overview of the TURBOS token distribution:
- Maximum Token Supply: The total token supply for TURBOS is set at 10,000,000,000 tokens.
- Team Allocation: The team holds 18% of the total token allocation, aligning their interests with the long-term success of the project.
- Investor Allocation: Investors hold 15% of the total token allocation, demonstrating the trust and support of external stakeholders.
- Treasury Allocation: The treasury, which includes funds from the initial DEX offerings (IDO), initial exchange offerings (IEO), and strategic partnerships, holds 12% of the total allocation. These resources enable Turbos’ continuous development and growth.
- Marketing and Operations: A 5% share is allocated to marketing and operational activities, enabling the project to reach a broader audience and establish a strong presence in the cryptocurrency market.
- Mining and Reward Incentives: 50% of the token supply is allocated to mining and reward incentives to encourage network participation and liquidity. These incentives motivate users to actively engage with the Turbos platform and contribute to its ecosystem.
What Will Happen to the Future Price of TURBOS Coin?
Predicting the future price of TURBOS Coin is challenging as it depends on various factors, but since it is an entertainment token, its value will generally be speculative.
Conclusion
Turbos is revolutionizing the cryptocurrency exchange landscape by providing a decentralized perpetual contract and zero-slippage exchange on the Sui blockchain. Leveraging Sui, Turbos benefits from faster transactions, lower fees, and secure smart contracts. By creating an evolving ecosystem for both users and investors, TURBOS tokens ensure stability and sustainability.
