Tapioca: Make DeFi Innovative Again
Tapioca has ambitious goals to shake up the DeFi money market sector. Can TapiocaDAO/USDO become the next MakerDAO/DAI?
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TLDR
- Money markets have been one of DeFi’s greatest successes. However, they are far from perfect as they continue to suffer from liquidity fragmentation, capital inefficiency, and a sub-par user experience.
- Tapioca looks to achieve a perfectly interoperable money-market solution that unifies DeFi markets/liquidity and pushes the space forward.
- Tapioca aims to achieve a sustainable ecosystem through a properly aligned incentive and economic growth model – DAO Share Options (DSO) - that does not rely on emissions or liquidity mining.
- Tapioca primarily differs from Aave or Maker in that each market within the omnichain lending engine – ‘Singularity” - is entirely isolated. This reduces systemic risk and opens up more opportunities for a wider range of markets.
- Tapioca has faced some issues in its early stages since launching last month, but a strong narrative could overcome such setbacks.
