Tao Dao leverages the value of the protocol to ensure consistency and scarcity of prices in an endless supply system.
Contents:
Description of the Tao Dao project
TAO is always supported by one BUSD or one TAO, supported by one BUSD. The DAO oversees policy instruments that allow us to loosen to increase profitability and volatility, or tighten to increase stability and predictability. The new TAO is created by direct sales to the market. These sales grow linearly with market margins and generate profits for the stakers.
TAO — a floating algorithmic currency. This means that it has mechanisms to ensure stability and predictability without being directly tied to any asset. However, the developers took it one step further by introducing a regulated policy. The DAO can move certain variables up and down to achieve target growth and profitability, or stability and predictability.
Some features:
| 1 | Each TAO has a support of BUSD and TAO-BUSD LP in the Treasury. This intrinsic value cannot be diluted to provide fundamental inflation control. |
| 2 | TAO has a configurable policy state that allows the DAO to tune its settings and optimize for stability or growth algorithmically. |
| 3 | TAO is the first DAO project, actively working to distribute the system to the community fully. |
The TAO redundancy system allows for new implementations of many DeFi primitives. Possible interest-free leverage and loans, options and derivatives without counterparties, bad lending with insufficient collateral, and much more.
Additional information
You can get information about the project on the main page of the site. Features and benefits are available there. Also, there is an introductory document. Subscribe to the blog to read the latest articles and news.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- discord.
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract doesn’t have an audit.