The TULIP airdrop has been confirmed, and Season 1 of its pre-launch loyalty program is currently live. Tulpea distributes rewards through two parallel systems: TULIP Bulbs, earned by depositing into the Bulbs vault within the Tulpea app, and TULIP Points, earned through the Golden Key campaign on Galxe. Both rewards will be convertible into $TULIP tokens at the Token Generation Event (TGE), although the exact date is yet to be announced. Currently, the vault is in Phase 2 (Deployment), where the Genesis Villa deal has already been financed on-chain, rental income is being generated, and APY is now active. Early participants benefit the most, as they receive TULIP Bulbs at a higher rate with a 5x multiplier until the vault reaches full capacity. Once the property is completely financed, this reward multiplier will decrease.
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