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Staked TAROT XTAROT
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Acerca de XTAROT
Staked TAROT refers to the act of staking bTAROT tokens in the Tower pool within the Tarot lending protocol. By staking bTAROT tokens, users can earn rewards in the form of emissions that incentivize the supply of TAROT tokens in the lending pools. The Tower pool has a 7-day duration and offers APR boosts with minimal emissions. This allows users to earn additional tokens while providing liquidity to the Tarot lending pools.
What makes Staked TAROT unique?
Staked TAROT is unique compared to other cryptocurrencies due to several factors. Firstly, it introduces The Tower, a powerful system for direct supply incentives in Tarot lending pools. By staking bTAROT in a Tower pool, users can earn rewards and boost their APR with minimal emissions. This incentivizes supply in Tarot lending pools and promotes participation.
Additionally, TAROT II, the new token that powers the omnichain future of Tarot, offers a seamless migration process and addresses the vulnerabilities caused by the Multichain exploit. This demonstrates Tarot's commitment to security and innovation in the DeFi space.
Furthermore, Tarot introduces The Other, a novel DeFi primitive for liquidity providers. This allows LP tokens to be supplied to The Other pools, creating a unique and efficient liquidity provision mechanism within the Tarot Protocol.
Overall, Staked TAROT stands out by offering innovative features like The Tower, TAROT II, and The Other, providing users with unique opportunities for earning rewards, seamless migration, and efficient liquidity provision.