Our First Recipe: Bitcoin Savings Account

In Tortle Ninja we have created what we called Tortle Combo Recipes, these recipes are sets of different nodes that create products and DeFi strategies.

Tortle Ninja’s first recipe will be the Bitcoin Savings Account 💰

Our bitcoin savings account is a decentralized finance strategy that can make any user gain profit from Bitcoin and DeFi growth over time and sell it when certain conditions are fulfilled.

This recipe will work as follows:

  1. Split and swap any coin into the pair BTC-FTM into a 50/50.
  2. Get some LP Tokens on the Liquidity Pool.
  3. Start Farming on Spooky Swap and earn REWARD TOKENS
  4. Configure an easy oracle to set a condition to stop farming (ex: When BTC falls under $30K).
  5. Stop Farming, collect rewards.
  6. Unstake LP Tokens.
  7. Liquidate all tokens to USDC.

Indeed! You are all set from a single interface ✌️

Some of these operations will be transparent for the users only when they have to:

  • Add funds to any desired currency.
  • Choose the BTC-related Farm.
  • Set the condition to stop farming.
  • Set the output currency.

Impressed? This is the future of finance 🚀

About Tortle Ninja

Tortle Ninja is a no-code decentralized financial tool that was built to enable retail investors, fintech, and crypto enthusiasts to create combined DeFi strategies.

Tortle users can create combinations of DeFi operations by linking the nodes and defining a strategy. You can split, create a limit, stop-loss orders, and even more complex strategies. Tortle will validate the operation results and the composition of the operation if it is valid or invalid.

Website | Twitter | Announcements| Telegram | Medium | Instagram

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store