Protocol Overview
The Tulip token serves as an algorithmic stablecoin pegged to the price of 1 ROSE. The protocol's underlying mechanism dynamically adjusts $TULIP's supply, pushing its price up or down relative to the price of ROSE.
Inspired by Scarab and 2omb, who were originally inspired by the idea behind tomb.finance as well as its predecessors, Tulip.money is a multi-token protocol which consists of the following three tokens:
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