TaoPad

TaoPad is a cryptocurrency protocol designed to synergize with the BitTensor network's native token, $TAO. It introduces a novel rewards mechanism, leveraging multiple revenue streams to reward its holders with $wTAO (Wrapped TAO) tokens. This approach aims to create a mutually beneficial relationship between Taopad and $TAO, enhancing value for holders and supporting the growth of decentralized AI.

TaoPad allows users to enjoy the benefits supporting $TAO without having to invest effort in the cumbersome task of procuring and managing BitTensor network mining and validator equipment.

TaoPad is building DeFi for $TAO and has built the first Bittensor-focused launchpad.

The first project launching on TaoPad is TaoBank, a protocol that accepts $wTAO as collateral and provides immediate liquidity to the asset holders while allowing them to retain ownership of their $wTAO.