On the Solana blockchain, Solfarm is the first decentralized yield aggregator with auto-compounding vault techniques. It's made to take use of Solana's low-cost, high-efficiency blockchain technology. The total quantity of TULIP, Solfarm's native governance token, is 10 million. Solfarm launched at the end of April 2021 and TULIP was introduced after the public beta finished two weeks later. Farmers were compensated retrospectively for participating in the public beta phase.The TULIP token is intended to be used for governance. On-chain governance is currently unavailable, but the Solana Foundation is working on it. Once this is completed, the protocol's governance will be transferred to token holders.