Introducing xTAROT

With xTAROT, stakeholders will govern and shape the future of Tarot. This includes the ongoing maintenance of key parameters, fees, and rates in the Tarot Protocol, as well as determining the distribution of fees accrued to the protocol’s own reserves.

 

Benefits of staking TAROT for xTAROT:

  • Earn TAROT rewards from protocol revenue
  • Enhanced yield by supplying staked TAROT in lending pools
  • Increased liquidity across multiple lending pools
  • Collateralization via the composable xTAROT token
  • Participation in Tarot DAO governance
  • Stake xTAROT in partner-incentivized pools for additional rewards

 

 

Staking TAROT for xTAROT

Users can stake TAROT to receive xTAROT, which represents a share of the xTAROT staking pool. The xTAROT/TAROT exchange rate increases over time as staked TAROT is supplied to multiple lending pools, and further increases as protocol fees are used to buy back and distribute additional TAROT rewards to xTAROT holders.

Tarot

Tarot is a decentralized lending protocol on Fantom Opera where users can participate as lenders or borrowers in isolated lending pools.

 

Source

https://tarotfinance.medium.com/introducing-xtarot-unlocking-the-true-value-of-community-driven-governance-25d6761cfe4d

Cheersland Partnership with Medabots

Medabots and CheersLand will have cooperations as cross-marketing, staking, tournament organisations, competitions and any kind of other organisations to grow both communities and support each other’s projects in multiple ways….

Tarot Governance Guide

Tarot DAO governance follows a four-step process: Pending Proposal A pending proposal can be made whenever you want to present an idea to the community. Anyone in the Tarot community…

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