Tapio Protocol

Tapio Protocol

Created using Figma
Efficient Liquidity Standard for Staking and Crowdloan Assets on Polkadot
Unifying fragmented liquidity into highly efficient and usable synthetic assets
Data is not available
To be announced
Token Details
Ticker
TAP
Additional Details
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Platform

About Tapio Protocol

Asset is the cornerstone of a crypto ecosystem. For example, up until September 2021 there are more than 80 billion worth of stablecoins and 10 billion worth of BTC assets on Ethereum. The ampleness of asset empowers the flourishing Decentralized Finance applications on Ethereum. However, Ethereum assets suffer from liquidity fragmentation problems. Stablecoins fall into three categories: fiat-backed, crypto-backed, and algorithmic stablecoins. For each category, there are more than ten protocols active on Ethereum. The fragmented liquidity makes it difficult for new assets to gain adoption and applications to expand coverage. Polkadot is likely to suffer from similar liquidity fragmentation problems as the Parachain ecosystem grows. Tapio protocol aims to unify liquidity in the Polkadot network and bridge the gap between new assets and applications.

Tapio Protocol Last News

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