
TIDAL is a decentralized discretionary mutual cover protocol that offers the DeFi community the ability to hedge against failure of any DeFi protocol or asset.
| Sale Type | Past ICO listing |
|---|---|
| Token Symbol | TIDAL |
| Token Type | ERC-20 Etherium Blockchain |
| Token Price | 1 token = 0.02849 USD |
|---|---|
| KYC | No |
| Whitelist | Yes |
| Accepts | USDT ETH USDC |
| Distribution | Starting at an initial circulating supply of 1.6 billion, TIDAL tokens will be released over a period of two years. 30% of all TIDAL tokens are available to stakers and liquidity providers for participation in the insurance market.; Balancer Liquidity Bootstrapping Pool : 5%; Polkastarter Sale : 0.13%; Insurance Mining : 30%; Ecosystem Fund : 30%; Team & Advisors : 15%; Private Sales : 19.87% |
Tidal offers a number of innovative and unique features: Over-leveraged insurance pools A set of protocols all backed by a common over-leveraged reserve to increase capital efficiency. Guarantor Fund Funds allocated by core teams of protocols backed by Tidal to insure their users solely utilized for payouts related to their own protocol. Non-native token Staking Pool Holders of protocol tokens insured by Tidal can contribute to the Guarantor Fund to receive both premiums against insurances sold against that protocol and also Tidal Insurance Mining rewards. Tidal Staking Pool Tidal tokens can be staked in a pool to act as an insurer of last resort for Tidal staking rewards. Auto renewals Insurance purchasers can pre-fund their wallets and have their cover be auto-renewed on a periodic basis. Investment of reserves Capital efficiency is further enhanced by investing the funds present in reserves in a set of whitelisted protocols like Compound and funds like Metacartel, the LAO etc similar to traditional insurance businesses.
No, the Tidal Finance ICO is closed.
The Tidal Finance token uses the symbol TIDAL.
The token price for Tidal Finance is 1 token = 0.02849 USD.
Tidal Finance's KYC requirement is: No.
The official website for Tidal Finance is https://tidal.finance/, and the whitepaper is available at https://drive.google.com/file/d/1p3DWYTaRxX_8hO_vVe8HT5RcUGOClqDc/view?usp=sharing.