TapiocaDAO (TAP)TapiocaDAO is a decentralized autonomous organization (DAO) focused on the development of full-link decentralized financial (DeFi) products in order to establish a seamless and compatible cross-chain future. Seed Round: $6M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is TapiocaDAO
TapiocaDAO is a decentralized autonomous organization (DAO) represented by a Cayman Islands Foundation, creating a decentralized stablecoin ecosystem which includes the first-ever Omnichain money market & censorship resistant U.S. Dollar stablecoin across preeminent EVM networks, through leveraging the modular LayerZero generalized messaging network.
Omnichain interoperability enables the Tapioca protocol to become a first of its kind decentralized chain agnostic money market that empowers users on dozens of networks to harness their liquidity without borders. Tapioca leverages LayerZero through Pearlnet, Tapioca's own cross-chain messaging network, which enables Tapioca to offer seamless native cross-chain borrowing, lending, and leverage across many disparate networks in a trust minimized fashion, streamlining the currently disjointed and fragmented DeFi user experience, while also achieving previously inaccessible levels of capital efficiency through defragmenting DeFi's currently isolated liquidity across dozens of networks and ecosystems. Through Tapioca's Omnichain money market, Singularity, which is employed in tandem with Tapioca's Yieldbox, enables users to leverage the top interest bearing assets across dozens of networks to magnify yields.
DetailsPre-sale token supply: 15,000,000 TAPToken supply: 100,000,000 TAP Raised: 6,000,000 USD LegalBlockchain Platform: Layer ZeroRegistration country: Virgin Islands (British) Registration year: 2023 Office address: Box 3159, Road Town, Tortola, British Virgin Islands | Token infoTicker: TAPType: Utility-token Token standard: OFT20 Token distribution: 15% - Tapioca Foundation 3,5% - Early Supporters 13,5% - Supporters 5% - Liquidity Bootstrapping Pool (LBP) 2,5% - Call Option Airdrop 52,5% - DAO Share Options (DSO) 8% - Tapioca DAO Treasury |