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TDOT

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Total supply: 0 TDOT
Self-reported circulating supply: 130.64K TDOT

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About tDOT

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!