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Tapio
Tapio is a capital-efficient DEX for correlated assets like LSTs, LRTs, and stablecoins. It allows users to mint Self-Pegging Assets (SPA) to enhance DeFi utility and promote network adoption.
Distributed
Description
For asset issuers, Tapio offers a programmable oracle through its StableSwap AMM, which removes dependency on external price feeds. It ensures price stability with a self-pegging mechanism and provides DeFi-as-a-Service to bootstrap utility, with customizable parameters for liquidity growth. For traders and liquidity providers, Tapio enables efficient trading of correlated assets with low slippage. LPs can earn diversified yields from staking, trading fees, and protocol rewards by minting Self-Pegging Assets (SPA). These SPAs can also be used as effective collateral for borrowing in Pike lending markets, unlocking capital efficiency.Grant Funding
VC Funding
None
2022
$0
$4M