What Is Tapio?
Tapio is a synthetic asset protocol designed to optimize liquidity fragmentation by unifying different asset formats into a highly efficient and usable standard.
Tapio Unique Features
Parachain Agnostic
Compatible with Substrate and EVM Parachains
Application Agnostic
Integrate synthetic asset with any dApps
Supports Uniform Assets
Stable Asset system supports any uniform asset pairs (ie. aUSD-USDC-USDT, DOT-LDOT, KSM-LKSM, etc.)
Standardized Yield Handling
Transparent aggregation and distribution of yield from underlying interest bearing assets (ie. LDOT, LKSM)
Roadmap
2021
- Stable Asset system design and implementation
- Stable Asset Web3 Foundation Grant Wave 9
- Acala Ecosystem Grant
2022
Q1
- Taiga launch on Karura Mainnet
- taiKSM (KSM-LKSM)
- Stable Asset Web3 Foundation Grant Wave 13
Q2
- Tapio launch on Acala Mainnet
- tDOT (DOT-LDOT)
- 3pool (aUSD-USDC-USDT)
- Taiga protocol upgrade
- taiKSM (KSM-vKSM)
- EVM+ Implementation
- Tapio/Taiga Dashboard
- Tapio/Taiga dApp
Q3
- Staking Assets Expansion
- taiKSM (KSM-vKSM)
- tDOT (DOT-vDOT)
- Token Launch
- Governance
- Staking
- Ecosystem Expansion
- Bifrost
- Litentry
- Moonbeam
Q4
- Crowdloan Asset Expansion
- taiKSM (KSM-LCKSM)
- tDOT (DOT-LCDOT)
- Synthetic Asset Use Case Expansion
- Protocol Owned Liquidity
Token economy
Token Governance
TAP token holders are delegated with voting rights and the ability to propose governance actions
Captures Protocol Economic Earnings
TAP token is designed to capture a portion of the earnings of the Tapio protocol through buyback of TAP tokens on the open market using protocol earnings generated through swap, mint and redemption functions. TAP purchased on the open market will be allocated to Community Treasury and redistributed to TAP stakers and synthetic asset users
Bootstrap Protocol Usage
TAP will be used as a token incentive for Liquidity Providers and bootstrap usage for synthetic assets
Direct Liquidity
TAP holders can direct synthetic liquidity to the designated project liquidity pool via vote staking power. A portion of the trading fees generated from paired liquidity pool is distributed to TAP holders for directing liquidity
Token Distribution
TBA
Token Release Schedule
This section will be updated prior to TGE.
Partners & Advisors
TBA
Team
TBA
Investors
Waterdrip Capital, PrimeBlock Ventures
