FAQ

What is Tapio?

Tapio is a Self-Pegging Asset Protocol with StableSwap AMM.

What makes Tapio unique?

Tapio has several unique features:

• Low slippage trading optimized for pegged asset pairs

• Permissionless pool creation without approval requirement

• Sophisticated governance with a multi-layered role system

• Advanced buffer system for loss absorption and market shock protection

• Multi-layer fee mechanisms for maintaining asset pegs during market stress

What is SPA?

Self-Pegging Assets (SPAs) are stable assets that automatically maintain their value relative to underlying assets while generating returns for holders. Users deposit correlated assets into pools and receive SPAs that use advanced mechanisms to stay stable and efficient.

What is the fee structure?

Tapio has three primary types of fees:

• Mint Fee: Charged when adding liquidity to a pool

• Swap Fee: Applied during token swaps, serving as the main yield source for LPs

• Redeem Fee: Charged when withdrawing liquidity

What challenges we are facing in the LST space?

The LST (Liquid Staking Token) space faces several challenges, including:

• Limited liquidity for LST-ETH trading pairs

• High slippage during large trades

• Impermanent loss risks for liquidity providers

• Inefficient price discovery mechanisms

Is Tapio audited?

Yes, by two industry-leading security experts, Mixbytes and FuzzLand.