Payouts are the part most distribution systems get wrong. An issuer sets an amount, then has no clean way to pay only the capital that actually stayed. @turtledotxyz Streams is the payout rail for that problem. Issuers, protocols, fintechs, and neobanks set eligibility and amounts for yield payments, incentives, dividends, points, or airdrops. TVL-based streams calculate the incentive from value and time held, with no added lockup. Deposit-based streams start a holding period with each deposit. Early withdrawal forfeits that period’s incentive. Principal and vault yield are not penalized. The same rails are now producing service revenue. In Q3 2026, group revenue across Turtle and Lunar Strategy reached $1.04 million, up from $898K in Q2. The figure is cash-in, rounded, and net of intercompany. During the quarter Creator Wire shipped, Streams became self-serve at https://t.co/dm9BltZ5Pq, and Hare launched with GSR. Q3 was the first quarter outside teams ran their business on those rails. Infrastructure that only promises distribution is common. Infrastructure that also invoices for the distribution is less common. @turtledotxyz
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