Tarot

Tarot is a decentralized lending protocol on Fantom Opera where users can participate as lenders or borrowers in isolated lending pools.

Lenders can supply tokens to any lending pool in the Tarot Protocol to earn passive yield without impermanent loss, while borrowers can deposit LP tokens in a lending pool to borrow additional tokens in the token pair. This enables borrowers to leverage their LP tokens for even more LP tokens, allowing for leveraged yield farming and enhanced liquidity providing rewards.

The following documentation provides a helpful overview of the core mechanics of the Tarot Protocol. For the latest developments, please join our Discord where the team and community are happy to help you embark on your journey into decentralized lending and leveraged yield farming.

Tarot is implemented as a set of smart contracts on Fantom Opera. These smart contracts enable non-custodial, permissionless markets for decentralized lending and leveraged yield farming.

Inspired by such groundbreaking projects as Aave, Compound, Impermax, and Uniswap, Tarot enables an entirely new DeFi experience. The core of Tarot is permissionless, non-upgradeable, and designed to operate with minimal governance.

The core contracts of the Tarot Protocol consist of the Factory and Deployers for each lending pool. Anyone can create a lending pool via the Factory, and all lending pools are isolated. If a borrower ends up getting liquidated in one lending pool, other lending pools are not affected.

The periphery contracts of the Tarot Protocol are designed to allow users to interact with the core contracts. These periphery contracts enable specific functions such as depositing LP tokens, supplying individual tokens to a lending pool, and creating a leveraged position.