TapiocaDAO, a decentralized autonomous organization (DAO) foundation registered in the Cayman Islands, is currently working on the development of an innovative omnichain money market that spans over 17+ EVM & non-EVM networks. The main objective of this project is to create a seamless platform where users can lend, leverage up, and borrow assets across multiple disparate chains, thus addressing the liquidity fragmentation present in the DeFi ecosystem. By doing so, TapiocaDAO aims to play a crucial role in shaping the future of DeFi with its omnichain approach.
To fund its ambitious project, TapiocaDAO has successfully raised $6 million in funding from various investors. As part of their upcoming token launch, they plan to introduce their native token called “TAP.” Early adopters who have actively participated in the testnet actions may have the opportunity to receive an airdrop when the TAP token goes live. However, it’s crucial to note that TapiocaDAO does not guarantee the airdrop and considers it speculative at this point.
TapiocaDAO Airdrop, the following step-by-step guide can be followed:
- Visit the TapiocaDAO testnet page.
- Connect your wallet and switch to available networks like Arbitrum Goerli and Polygon Mumbai.
- Obtain testnet tokens from the respective networks.
- Mint Tapioca test tokens through the testnet page.
- Access the “Mint” section and select the collateral for the network you’re testing.
- Deposit the token and mint USDO stablecoins.
- Explore the “Lend” feature to provide funds and earn interest with USDO.
- Utilize the “Borrow” option to request loans in various tokens.
- Experiment with the “Teleport” functionality, which allows transferring assets between different chains.
As TapiocaDAO gears up for the launch of its token, it’s important to stay updated on their official announcements to know if an airdrop opportunity will indeed be available for early testnet users. However, it’s essential to reiterate that TapiocaDAO has not confirmed the airdrop, and users should regard it as speculative until further notice.