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TapiocaDAO

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Category: DeFi

TapiocaDAO


Tapioca is an omnichain money market that utilizes the LayerZero V2 protocol to defragment liquidity and provide a chain-agnostic user experience. It allows users to mint, borrow, lend, and leverage assets across different blockchains. A key feature of the ecosystem is USDO, the first natively omnichain decentralized stablecoin. USDO is an over-collateralized CDP stablecoin, backed by decentralized gas tokens and liquid staking tokens (LSTs), and can be transferred across chains without fees, slippage, or wait times. The entire ecosystem is powered by LayerZero V2's modular, self-sovereign omnichain framework, aiming to provide a more secure alternative to traditional monolithic bridges.

Funding Rounds

Funding Round: Public Sale
Funding Date: 1 Jun, 2024
Raised Amount: $8.4M

Funding Round: Seed
Funding Date: 16 Jun, 2023
Raised Amount: $6M

Investors