tDOT which is powered by Tapio aims to become the synthetic standard for the Polkadot ecosystem by unifying different formats of DOT derivatives to unleash maximum liquidity efficiency through:
Extremely efficient stable swap engine for DOT and DOT derivatives (ie. Staking DOT, Crowdloan DOT)
Competitive yield relative to market standard (ie. Yield on tDOT > yield on Staking DOT)
Highly composable across Parachains and applications (ie. Integrate tDOT on your Parachain or dApp to minimize liquidity fragmentation)
Naturally embedded cross Parachain swap mechanism
Tapio & Taiga Protocol is motivated to maximize liquidity efficiency by removing silos caused by DOT and KSM derivatives. We believe introducing a synthetic standard to unify different forms of DOT and KSM liquidity can help realize the multichain vision of Polkadot and Kusama!