token features
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Collect Incentives
Get incentivised in TIDAL tokens for your usage, activity, and contribution in Decentralized Autonomous Mutual Organization (DAMO).
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Stake
Provide liquidity in the tidal cover pool to earn additional incentive. Tidal cover pool is designed to mitigate the reserve shortage event.
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Vote
Vote on protocol governance proposals like guidelines and updates, validity and payment of submitted claims, % of fees to Treasury Wallet, LPs, and Guarantors.
How tidal works?
TIDAL allows users to Buy and sell over-leveraged covers across multiple chains
Tidal's enhanced capital efficiency attracts liquidity providers (LPs) who act as insurers while a competitive insurance premium attracts insurance purchasers.
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Over-leveraged insurance pools
Guarantor Fund
Non-native token Staking Pool
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Tidal Staking Pool
Auto-renewals
Investment of reserves
Token Ecosystem
TIDAL Protocol will feature two different types of native digital cryptographically secured utility tokens in its ecosystem.
TIDAL governance tokens as an additional incentive for participating in the TIDAL ecosystem.
Cover tokens with a notional value equal to the staked capital
Tidal Token (TIDAL)
TIDAL is the native protocol token of Tidal Finance.
It is a ERC-20 token that will in the future be migrated to a Polkadot-based smart contract platform.
Key Metrics
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LBP Start Price
$0.029
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LBP Current Price
$0.000
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Weight change
96:4 to 30:70
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Token Supply
20,000,000,000
Features
TIDAL token is the governance token that will govern all aspects of TIDAL Protocol.
Get TIDAL token
Submit and vote on protocol governance proposal
Assess claims and vote on disputed mutual cover claims triggered by cover token holders
Decide the payout of emergency reserve capital for payment of claims from the TIDAL Treasure Wallet.
Token Allocation
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%)
Token Distribution
Roadmap
Backed by industry leaders
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