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Topic: Introducing Tadpole Finance - Defi Gems (Read 54 times)

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August 12, 2021, 12:58:02 AM
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Project Name: Tadpole Finance (TAD)
Website: https://tadpole.finance/
Cmc link: https://coinmarketcap.com/currencies/tadpole-finance/


Getting Started with Tadpole Finance

You can use the saving & lending platform at tadpole.finance. Currently, Tadpole smart contracts were deployed in the Binance Smart Chain network. You can save your BEP20 tokens and get interest or lend available BEP20 tokens you want while using another token as collateral. In addition, everyone can also add any BEP20 token by paying some TAD Token as the listing fee. Let’s join the next level of decentralized saving and lending system which is more transparent, immutable, and open for everyone!

Introduction

Tadpole Finance is an open-source platform providing decentralized finance services for saving and lending. Tadpole Finance creates a more open lending market, where users can make deposits and loans with any ERC-20 tokens on the Ethereum network.

Tadpole Finance is a DeFi lending protocol. In more technical terms, it's an algorithmic money market protocol. You could think of it like an open marketplace for money. It lets users deposit cryptocurrencies and earn interest, or borrow other crypto assets against them. It uses smart contracts that automate the storage and management of the capital being added to the platform.

What distinguishes Tadpole from other DeFi projects is that anyone can register any ERC-20 token with Tadpole into the lending protocol. Once a token is registered on the market, people can send some deposits into the protocol to earn interest or borrow the token by placing certain collateral and paying some interest.

TAD token

TAD is an ERC-20 token used for governing and paying token listing fees in Tadpole Finance. When the project is released to the public, TAD allows its holders to vote on proposals for updates or changes to the Tadpole Finance protocol. Furthermore, TAD gives access to anyone to add any ERC-20 tokens into Tadpole Finance money market by paying some TAD as the listing fee. TAD that is used to pay the listing fee will be burned and removed from the circulation.

What is the distribution of TAD?

The total supply is 1,000,000 TAD.

Genesis Mining: 200,000 (20%) (30 days period) (ended)
Platform Liquidity Mining: 500,000 (50%) (2 years period) (TBA)
DEX Liquidity Mining: 200,000 (20%) (1 year period) (ongoing)
Development Team: 100,000 (10%)

Exchanges

Here is a list of various exchanges where you can buy or trade TAD tokens:

Uniswap: uniswap.tadpole.finance
Bithumb Global: www.bithumb.pro/en-us/exchange/professional?q=TAD-USDT
Coinsbit: coinsbit.io/trade/TAD_USDT
Hotbit: www.hotbit.io/exchange?symbol=TAD_USDT
Indodax: indodax.com/market/TADIDR

To keep up with the latest news, join our telegram channel at t.me/TadpoleFinanceChannel and discuss with the Tadpole community at t.me/TadpoleFinance
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