Lucrative Arbitrage Opportunities
Users are able to swap uniform assets with high efficiency and low slippage using Tapio protocol such as when swapping DOT to LDOT and vice versa. Also, when underlying assets temporarily lose their peg, traders are able to take advantage by exploiting arbitrage opportunities.
For example, in a volatile environment, users may be selling their LDOT for DOT, inducing a discount on LDOT, which can then be taken advantage of by depositing DOT and receiving more than 1 DOT worth of LDOT in return - while tDOT maintains it’s peg throughout.
Enter dApp