Tulpea - Whitepaper V1
  • Tulpea: The First Decentralized Bank
    • What is Tulpea?
    • Systemic Failures in Traditional Finance
    • Limitations of DeFi: Structural Inefficiencies and Barriers to Adoption
    • Tulpea: A New Financial Paradigm
      • Architecture: DAO at the core
      • Business Units
  • Decentralized Intermediation
    • Smart-Collateralized Loans in Rental Real Estate Investment
    • RE Lending: Between Bureaucratic Gatekeeping and Asset-limited Lending
    • Inefficient Existing Alternatives
  • Tulpea’s Solution
    • 1. Identification of Opportunities
    • 2. Submission to the DAO
    • 3. Collective Capital Contribution
    • 4. Debt structuring
    • 5. Deal Execution
    • 6. ABDT Distribution to Lenders
    • 7. REBT Distribution to Borrowers
    • Banking-Financed Model
  • System Analysis
    • Borrowers’ Perspective
    • Lenders’ Perspective
    • Institutional Lenders’ Perspective
  • Expansion of the Model: Decentralized Banking
  • veTULIP: Locked Governance & Incentive Mechanism
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  • Architecture: DAO at the Core, Business Units at the Front
  • The Role of Business Units in Creating PEZs
  • The Three-Tiered Structure of Tulpea’s Financial Ecosystem
  1. Tulpea: The First Decentralized Bank
  2. Tulpea: A New Financial Paradigm

Architecture: DAO at the core

The core of Tulpea is a DAO.

Architecture: DAO at the Core, Business Units at the Front

Addressing the challenges of traditional finance requires a systemic approach. This is why Tulpea's DAO deploys and operates Business Units (BUs)—specialized entities focusing on priority areas to build a genuine alternative to traditional banking. Each BU serves as a critical missing piece in creating a decentralized, structured, and scalable financial ecosystem. Their ultimate goal is to become as decentralized and autonomous as possible over time.

The Business Units are structured and managed in two ways:

1️⃣ Direct DAO or Foundation Oversight → Some BUs are initially managed directly by the DAO or its foundation, ensuring strategic alignment and controlled development until they reach autonomy.

2️⃣ Hybrid DAO-Owned Enterprises → In some cases, the DAO establishes traditional legal entities to operate BUs with a dedicated team while retaining a majority stake (at least 51%).

This governance model ensures that:

✅ Full DAO Control & Strategic Alignment → The DAO maintains governance supremacy, ensuring that all BUs operate in alignment with the long-term vision of Tulpea’s ecosystem. ✅ Value Capture for the DAO → Since the DAO retains majority ownership, it captures the economic value generated across all BUs, reinforcing liquidity and sustainability. ✅ Operational Autonomy & Incentive Alignment → A portion of equity is allocated to the teams managing each BU, incentivizing performance, innovation, and long-term engagement. ✅ Decentralization Meets Enterprise Efficiency → This hybrid model allows Tulpea to combine the transparency and decentralization of blockchain with the operational efficiency of traditional companies.


The Role of Business Units in Creating PEZs

The primary objective of BUs is to develop Programmable Economic Zones (PEZs)—structured financial environments that enable seamless, decentralized, and trustless financial interactions. Instead of directly allocating liquidity, the DAO designs PEZ frameworks, providing a transparent and rule-based financial infrastructure (e.g. PEZ: Under-collateralized loans in Real Estate Investment).


The Three-Tiered Structure of Tulpea’s Financial Ecosystem

Tulpea operates through a structured system, ensuring liquidity, innovation, and financial participation at all levels:

✅ DAO Owns & Governs → The DAO acts as the central governing entity, responsible for structuring Tulpea’s ecosystem, allocating capital efficiently, and ensuring strategic execution.

✅ Business Units Produce → Each BU (e.g., Decentralized Intermediation, Strategic Asset Management, Venture Studio) plays a specific role in maintaining liquidity flows, engaging users, and directing capital into meaningful financial initiatives.

✅ Programmable Economic Zones Structure → These specialized financial environments allow startups, institutions, and individual users to interact with financial resources in a structured, decentralized, and trustless manner. The DAO does not allocate liquidity directly but instead creates a structured market, ensuring transparent and autonomous financial interactions governed by predefined rules.

This structured approach enables Tulpea to scale beyond traditional finance, providing a decentralized alternative that is adaptive, resilient, and inclusive while maintaining the efficiency and strategic oversight necessary for long-term success.

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Last updated 3 months ago

Tulpea DAO is the primary decision-making body.