July 16, 2023

Tapio Finance  

https://zealy.io/c/tapiofinance/invite/1fQMwNf87xPuJI4hBjXTI


What is tapETH in the context of Tapio Finance?

B) An LP token representing stable pools between LSTs and ETH, which is pegged to native ETH

How does Tapio Finance aim to provide excellent swap and arbitrage opportunities?

B) By dynamically adjusting the pricing curves of the LST-ETH pools

What is the primary role of Tapio Finance in the DeFi ecosystem?

A) To serve as a "middle layer" for liquidity between liquid staking protocols and downstream applications


Which of these wouldn’t be a tapETH pool?

C) USDC-ETH

What is the current limitation of LP tokens outside of staking?

B) They rarely have any utility and are not easily composable for DeFi

Why is acquiring a price feed for LP tokens challenging?

B) Because there is little to no demand to trade or swap LP tokens, making a price feed difficult

Why do "late" entrants face a challenging time gaining traction and adoption?

C) The novelty of fresh ways to wrap a native asset soon loses steam, and application builders prioritize category leaders due to the availability of liquidity

What challenge is mentioned regarding the proliferation of Liquid Staking Tokens (LSTs)?

A) The increasing number of LSTs is confusing users due to unique token models and reward accumulation methods