TapiocaDAO

The Unstoppable OmniDollar Ecosystem, Powered by LayerZero

WARNING This documentation is outdated and will be updated soon.

TapiocaDAO

TapiocaDAO is a decentralized autonomous organization (DAO) represented by a Cayman Islands Foundation, which created a decentralized Omnichain stablecoin ecosystem, comprised of multiple sub-protocols, which includes; Singularity, the first-ever Omnichain isolated money market, Big Bang, an Omnichain CDP Stablecoin Creation Engine, Yieldbox, the most powerful token vault ever created, tOFT (Tapioca Omnichain Wrapper[s]) which transforms any fragmented asset into a unified Omnichain asset, twAML, an economic incentive consensus mechanism, and Pearlnet, the self-sovereign Omnichain verifier network.

Omnichain interoperability focused on unifying DeFi's now trademark fragmented liquidity & UX, enabled through the LayerZero modular generalized messaging network, facilitated the creation of Tapioca's Omnichain CDP stablecoin creation engine, Big Bang, enabling users to mint Tapioca's unstoppable OmniDollar, USDO, with gas token & liquid staking token collateral from multiple networks in a chain agnostic manner. Current stablecoins are little more than store credits due to their lack of native interoperability, whereas USDO through the LayerZero OFT (Omnichain Fungible Token) super-standard can exist on any EVM or non-EVM. Tapioca's isolated money market, Singularity, also powered by LayerZero, empowers users on dozens of EVM & non-EVM networks to lend, borrow, and leverage up yield bearing assets. Pearlnet, a LayerZero Decentralized Verifier Network (DVN), allows the Tapioca ecosystem to achieve Omnichain interoperability & composability while minimizing trust and remaining self sovereign to avoid the costly mistakes of cross-chain protocols of the past.

USDO, or the OmniDollar, is the first over-collateralized, decentralized & censorship resistant Omnichain U.S. Dollar pegged stablecoin, built to conquer the stablecoin trilemma of price stability, censorship resistance, and scalability, as well as to fill the current void of a lack of a truly unstoppable and scalable stablecoin. USDO offers an entirely new paradigm to decentralized stablecoins by only employing decentralized gas tokens & liquid staking derivatives to remain censorship resistant while also being capitally efficient, and utilizes a novel incentive program, DAO Share Options (DSO), to self-perpetuate USDO. twAML or Time Weighted Average Magnitude Lock, is a novel economic incentive consensus mechanism used to power DSO's novel oTAP call option incentive. These call option incentives enable Tapioca to capture protocol owned liquidity (POL), which in turn is utilized by the Tapioca DAO to self propagate USDO's liquidity depth on the open market. This enables USDO to become a scalable & decentralized U.S. Dollar stablecoin.

Presenting the Unstoppable Omnichain Stablecoin Ecosystem, Tapioca DAO.