DeFi Integrations

While tapETH will of course be integrated into as many protocols and ecosystems as possible, the underlying pools themselves also are able to be integrated accordingly with varying degrees of revenue sharing for applications:

  • Offering frontend low-slippage swaps between LSTs and native ETH

  • Utilizing tapETH's pool on the backend to convert assets to and from LSTs

  • Instead of bootstrapping ETH/LST liquidity in-house, can instead use tapETH's TVL

  • LST protocols offering "instant unstake" functionality

DeFi Protocol Swaps:

In this example, Tapio's pools are populated by assets deposited by Liquidity Providers (who receive tapETH in return for doing so). Traders can then use these pools to carry out swaps just like on any other DEX, or through an aggregator like 1inch.

Being able to swap from one LST to another LST is a very valuable feature that protocols can make use of, without having to route through various Curve/Uniswap/Balancer pools - as tapETH's swap functionality is extremely stable, and with low slippage. Furthermore, Tapio is able to incentivize protocols to route volume (both on the protocol and user level), and engage in revenue sharing accordingly.

Instant Unstake Flow:

In this example, Tapio's pools are populated by assets deposited by Liquidity Providers (who receive tapETH in return for doing so). Users who wish to leave their LST position however can either simply swap back for ETH with exceptionally low slippage, or if an LST provider enables a "Instant Unstake" features, it can be facilitated by Tapio's pools as a swap.

LST protocols, especially those catering to whales and institutions specifically, can also integrate an "Instant Unstake" feature, which utilizes the tapETH pool on the backend. This is of course facilitated by our Stable Swap Engine functionality, earning fees for tapETH holders, and providing much-needed convenience for users of LST protocols.

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