Tulip Review 2026: ROSE-Pegged Stablecoin

Tulip is described as an algorithmic stablecoin on Oasis Emerald, designed to track the price of ROSE through seigniorage. Its mechanism, redemption terms, and security details are unclear, so users should treat it as high risk.

Oasis

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

—/10

Not rated

Our verdict on Tulip

Tulip may interest users researching algorithmic stablecoins on Oasis, particularly those looking at projects designed to track ROSE. Its stated peg and use of seigniorage provide a basic outline, but the operating rules, redemption terms, and security arrangements are unclear. No audits are listed, and a target price does not ensure that the peg will hold. Treat Tulip as high risk and verify the project is active and its contracts are authentic before considering any interaction.

Score breakdown

How Tulip scores

Security: n/a
Ease of use: n/a
Fees: n/a
Features: n/a

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Tulip?

Tulip is described as the first algorithmic stablecoin on Oasis Emerald, intended to track the price of ROSE through seigniorage. It is associated with the TULIP token. Details about the contract design, redemption terms, and current access point are unclear.

How Tulip works

Tulip is described as an algorithmic stablecoin on Oasis Emerald that targets a price of 1 ROSE. It uses seigniorage, a mechanism that adjusts token supply or incentives in an effort to maintain a target price.

The specific adjustment rules, redemption process, and protections against a lasting loss of the peg are unclear. A target price is not a guarantee that users can exchange Tulip for ROSE at that price.

1 features

Key features

ROSE price peg

Tulip is described as using seigniorage to target a value of 1 ROSE. Its operating details are unclear.

Pros and cons

What we like

The intended ROSE-linked peg is clearly stated.
The project is associated with Oasis Emerald, giving it a defined network context.

Watch out for

The peg mechanism and how it responds to market stress are not explained.
Redemption terms and the way users interact with the protocol are unclear.
No audits are listed.
The reported TVL is very small, which may mean limited liquidity.

Tulip fees

Tulip's protocol fees are not published. Check any protocol interface and transaction preview for charges before proceeding; Oasis network gas is separate.

Is Tulip safe?

No audits are listed for Tulip. The seigniorage mechanism, contract custody model, and safeguards against depegging are unclear, so smart-contract, liquidity, and peg risks cannot be assessed in detail. No licensing information is stated. Algorithmic stablecoins can lose their target value, and users should not assume that a peg guarantees redemption.

4 steps

How to get started with Tulip

1
Confirm that Tulip is still active and locate its official interface.
2
Verify the Oasis network and any contract addresses through trusted project channels.
3
Read the peg mechanism, redemption terms, and risk disclosures before committing funds.
4
Check transaction costs and liquidity, and start only with funds you can afford to lose.

Who Tulip is for

Tulip is mainly relevant to users researching Oasis-based algorithmic stablecoins who are comfortable assessing peg, liquidity, and smart-contract risks. It is not a good fit for anyone seeking a clearly documented stable-value asset or predictable redemption.

Tulip FAQs

What is Tulip?

Tulip is described as targeting a value of 1 ROSE using seigniorage. The full mechanism and how it maintains the peg during market stress are not explained.

Which blockchain is Tulip on?

Tulip is associated with Oasis Emerald. Its current access point and supported transactions are unclear, so verify the network and contract details before interacting.

Is Tulip safe to use?

No audits are listed for Tulip. Algorithmic stablecoins can lose their peg, and smart-contract or liquidity risks may also apply; only use funds you can afford to lose.

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