Tulip Protocol

[Solfarm](https://www.coinlive.com/coin/solfarm) is the first decentralized yield aggregator on the [Solana](https://coinmarketcap.com/alexandria/article/solana) blockchain with auto-compounding vault strategies. It is designed to take advantage of Solana’s low-cost, high-efficiency blockchain It allows vault strategies to compound frequently and provides stakers with higher APY while requiring less active management. Although the platform is still in beta and all code is experimental, the farm aims for a streamlined user experience with optimal APYs and “set and forget” strategies. It follows the example of [Uniswap](https://www.coinlive.com/coin/uniswap) on [Ethereum](https://www.coinlive.com/coin/ethereum) and [PancakeSwap](https://www.coinlive.com/coin/pancakeswap) on [BSC](https://www.coinlive.com/coin/binance-coin) by providing liquidity to Solana-native [DEXes](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) like [Raydium](https://www.coinlive.com/coin/raydium) and [SABER](https://www.coinlive.com/coin/saber). Users provide liquidity on Solfarm and earn interest on their investment and Solfarm’s native governance token TULIP, while the exchanges benefit from better liquidity. Solfarm has already undergone a number of iterations. For instance, the team added double-asset reward pools after launch and enabled leveraged farming. In the future, Solfarm plans to optimize its front end to improve the user experience and work on a V2 version of the farm.