Tadpole Finance is an open source platform providing decentralized finance services for saving and lending. Tadpole Finance is an experimental project to create a more open lending markets, where users can make deposits and loans with any ERC20 tokens on the Ethereum network.
Who is behind this project?This project was initiated by Indodax and Tokenomy, then released to the community as an open source project.
What is TAD?TAD is an ERC-20 token used for governing and paying listing fees in Tadpole Finance. In Tadpole Finance, anyone can add any ERC-20 tokens into the markets to allow people to deposit or borrow the token with some interest. The TAD token also allows holders to vote on proposals for updates or changes to the Tadpole Finance protocol.
What happens to the TAD that is spent on the listing fees?The token will be burned and removed from the circulation. What is the distribution of TAD? Total supply of TAD is 1,000,000 TAD.
Genesis Mining: 200,000 (20%) (30 days period) Platform Liquidity Mining: 500,000 (50%) (2 year period) DEX Liquidity Mining: 200,000 (20%) (1 year period) Developer Rewards: 100,000 (10%) (1 year period)
How to get TAD?There are few ways to get TAD token, through Genesis Mining program, Platform Liquidity Mining, DEX Liquidity Mining, Developer Rewards program, and buy it in Uniswap.
Genesis Mining program is the initial TAD distribution that will be distributed to TEN holders. To participate this program, you need to hold some TEN tokens and stake them through https://tadpole.finance. This program will last for 30 days.
Platform Liquidity Mining (upcoming) is a reward program to motivate saving and borrowing activities in Tadpole Finance. In addition to saving interest, a number of TAD is distributed to both savers and borrowers according to the size of the savings & the loan portion.
DEX Liquidity Mining (upcoming) is a reward mechanism to ensure the liquidity of TAD and the supporting tokens are always maintained on decentralized exchanges. You can get TAD token by staking Uniswap LP tokens.
Developer Rewards program (upcoming) is distributed to all developers that are involved in developing Tadpole Finance platform.
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