Tapioca Foundation
@tapioca_dao
The Unstoppable OmniDollar Ecosystem, Powered by LayerZero
ID: 1476735911866118146
http://tapioca.xyz 31-12-2021 02:05:38
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TL;DR on the last Tapioca Foundation update: 📌Background: 1⃣After launch, Tapioca Foundation halted the protocol due to a problem with the consensus mechanism “twAML”. 2⃣A war room with the team & Enigma Dark was set up to assess the situation. mirror.xyz/tapiocada0.eth…
📌 Recap on last Tapioca Foundation taptalks 📌 1⃣ Chaos Labs report on $ZRO as collateral: 👉Volatility on $ZRO is slightly better than $ETH. A 53% LTV is recommended; this is, mint 53 USDO$ per 100$ worth of $ZRO. 2⃣ Risk management: 👉Since $ZRO is not enabled as collateral
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