Frequently Asked Questions
You can track the circulating supply on Dotmarketcap - https://www.dotmarketcap.com/coin/taiga-protocol
taiKSM can be minted from KSM and/or LKSM which is designed to breakdown liquidity silos and enhance overall usability for KSM:
- taiKSM enables highly efficient swap transactions (KSM-LKSM)
- taiKSM maintains a stable peg against KSM
- taiKSM unifies siloed KSM liquidity across Parachains
- taiKSM maintains and distributes yields from underlying KSM derivatives to taiKSM holders (ie. LKSM)
The ratio will be dynamic, given the underlying compositions have similar values, the overall value of taiKSM will be pegged to KSM.
As LPs, providing KSM liquidity to the taiKSM pool will offer a number of benefits, including:
- 1.Reduced impermanent loss
- 2.Earn swap and redemption fees, paid out in taiKSM* - 0.25% swap fees - 0.3% redemption fees
- 3.Earn yields generated from LKSM, paid out in taiKSM* - taiKSM retains the underlying staking yield generated from LKSM
- 4.TAI token incentives
As Traders, you will enjoy the most efficient swap execution for the KSM asset pairs. Taiga protocol is powered by the Stable Asset system, benefits include:
- Extremely efficient trading and low risk, using uniform, closely pegged assets (low slippage, fast execution)
*taiKSM accumulated via swap, redemption fees and yield generated from LKSM will be distributed in taiKSM which can be claimed weekly on https://app.taigaprotocol.io/.
No lockup period. taiKSM can be redeemed anytime back to KSM and LKSM.
3pool on Karura made of aUSD, USDC, USDT is the first stablecoin pool powering the Kusama ecosystem. Liquidity providers will get 3USD token after adding liquidity.
It serves as the very first stablecoin pool in the Kusama ecosystem with the goal of providing benefits for the following users:
- Liquidity Providers
- Traders
- Project Teams
- Parachains
No additional LP staking requirement, you can just hold to earn incentives and fees.
- 1.Earn swap fees, paid out in 3USD - 0.25% swap fees - 0.3% redemption fees
- 2.Earn Incentives - KSM subsidy from Kusama Treasury, paid out in LKSM and taiKSM - KAR token incentives - TAI token incentives
Users can add liquidity such as aUSD, USDC and USDT to 3pool to earn rewards. Please follow the guide.
- tDOT is a highly efficient stable swap engine for DOT and DOT derivatives (ie. LDOT)
- tDOT can provide a competitive and sustainable yield
- tDOT maintains a stable value peg against native DOT
- tDOT is composable across Parachains and dApps
- Earn swap and redemption fees, paid out in tDOT - 0.25% swap fees - 0.3% redemption fees
- Earn yields generated from LDOT, paid out in tDOT - tDOT retains the underlying staking yield generated from LDOT
- TAP token incentives
- LDOT incentives (TBD)
- tDOT will be minted on Acala as the hub
- Parachains that have enabled XCM with Acala can support the transfer of tDOT
Up to 2,500,000 TAI for taiKSM pool over a 1-year period (52 weeks). For the schedule details, please read here
Up to 2,500,000 TAI for taiKSM pool over a 1-year period (52 weeks). For the schedule details, please read here
Yes, the team will have the timestamp of the pool TVL, address interaction, etc.
TAI emission and LP fees will be tallied on a daily basis and claimable on a weekly basis. Users can claim via the Taiga dApp
Last modified 8mo ago