Yield-centricism

How to attract TVL to the chain

As native DeFi users, we've studied the market for a long time and we found that there is one big pitfall in trying to expand new ecosystems: yield.

Usually yield comes in bootstrapped forms, lately in points and point-based campaigns that might or might not be converted into on-chain assets later on.

This created friction and a sense of FOMO initially, but then once the initial hype dies down, it created a feeling of friction as the promised yields aren't defined in a finite, clear, on-chain form, they're just a promise.

We want to change this and offer a new, standardised way of disbursing yield via on-chain LP incentives.

Liquidity provision and LP incentives

Having healthy liquidity for trading pairs is of utmost importance in early-stage ecosystems. However, these ecosystems mostly fail to attain this and as a result, they fail themselves.

As an economically sound solution, we're proposing on-chain token yields to incentivise LP activity, from the inception of the Taraswap Protocol.

We have mediated with many individuals and ecosystem players in Taraxa and we're happy to announce that all pools created on Taraswap will have substantial yields at least for the first quarter after protocol launch.