Introduction To TraDAO Protocol: A Breakthrough Into DeFi 2.0
Obtaining high profit from initial offerings — Earning enormous rebase rewards — Leveraging benefit from secondary bond marketplace.We proudly present to all Trava Knights our new product — TRADAO Protocol — a community protocol with high security, high user awareness, high capital efficiency and highly-optimized liquidity mining.
What is TRADAO?
TRADAO is the world’s first protocol supporting multi-chain deployment in DeFi 2.0, and also Web 3.0 compatible. TraDAO is protocol owned liquidity (POL), accumulating value through such activities of bonding and auto-compound staking which are regulated by Trava Treasury. As a product in Trava ecosystem, the liquidity owned by TRADAO protocol could be deposited in Trava Lending Pool to generate more profit and this profit will be shared among users in the entire Trava ecosystem.
TRADAO Protocol will issue a decentralized reserve currency — called TOD. The concept behind TOD token is that it is backed by a basket of assets in Trava Treasury that ensures it does not fall below its base value of $1. The TOD token will be released based on the “Mint & Burn” mechanism, managed by no one other than TRADAO protocol.
Why is TRADAO different compared to other OHM forks?
In comparison to other initiatives in the DeFi 2.0 space, TRADAO Protocol offers a number of unique advantages to users.
How does it work?
Our Bonding allows users to buy TOD at a discounted price compared with exchanges in other assets such as stablecoins, LP tokens, and so on. The number of TOD tokens that the bonder is entitled to will be vested in a certain term.
Bond Installment is a one-of-a-kind feature that allows users to buy more TOD with a little initial amount of assets, then leverage benefits in Staking Strategy, and pay off the debt. Your bond shall be automatically staked after you use Bond Installment.
Wallet Reputation will be integrated with this product in the form of a reference to decide which user will have more benefits (i.e, lower prepaid rate, lower interest fee rate, higher liquidation discount rate,…). For example, holding assets in the Trava Ecosystem can be considered as a condition to gain a high wallet reputation.
Our Staking allows bonders to stake their TOD token in our auto-compounding vault and earn rebase rewards, after receiving TOD tokens from bond sales. The rebase rewards are also from bond sales held in Trava treasury, or profit of the protocol.
Initial Development Vision (to be updated)
You don’t want to miss out these upcoming incentive program for the users:
Initial Users Offerings Event — We will open a public sale for any early users to gain huge benefits when first participating in the protocol. If you get whitelisted, you will have a lucky ticket in buying TOD Token at the cheapest price before it hits the official launch on DEX(es). The details about the event will be published very soon.
And other incentive programs along with the launch of TRADAO main features in Q1 that allow users to get high profits. To Loyal Trava Knights, we will have incentive programs in purchasing bonds and public sale TOD tokens.
About Trava.Finance
Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters such as borrow/supply interest rate, liquidation threshold, Loan-to-Value ratio, or a limited list of exchangeable cryptocurrencies, TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business. Trava is deployed on the Binance Smart Chain and allows for lending with BSC tokens first; we then enable cross-chain lending with various tokens on Ethereum and other blockchain networks.
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