10/18/24 Incident Post Mortem
Incident SummaryAt 10:09AM UTC, October 18, 2024, Tapioca DAO suffered a security breach as a result of a social engineering attack targeted at a core contributor, which resulted in the loss of approximately 605 ETH and 3.1M USDC totaling $4.65M USD. These stolen funds are currently being held across several known addresses, with the primary address of the hacker being 0x69d91e56ca80f2a4d7b808b59053ea5c5505ffe2, where (as of time of writing) $3.915 million USD in cryptographic assets are bein...
10/18/24 Incident Post Mortem
Incident SummaryAt 10:09AM UTC, October 18, 2024, Tapioca DAO suffered a security breach as a result of a social engineering attack targeted at a core contributor, which resulted in the loss of approximately 605 ETH and 3.1M USDC totaling $4.65M USD. These stolen funds are currently being held across several known addresses, with the primary address of the hacker being 0x69d91e56ca80f2a4d7b808b59053ea5c5505ffe2, where (as of time of writing) $3.915 million USD in cryptographic assets are bein...
-1,+1 (twL)
In 2022 we released two now pivotal pieces in Tapioca lore and DeFi itself- R.I.P. Liquidity Mining which described Tapioca’s evolution of the stagnant & broken DeFi economic model (fka “flywheels”) into a value capture maximized, aligned, and sustainable call option incentive model, and the twAML (time weighted average magnitude lock) whitepaper. twAML was designed to be a dynamic consensus based liquidity locking system. twAML supported both Time Weighted TAP or twTAP, and Call Option TAP o...
-1,+1 (twL)
In 2022 we released two now pivotal pieces in Tapioca lore and DeFi itself- R.I.P. Liquidity Mining which described Tapioca’s evolution of the stagnant & broken DeFi economic model (fka “flywheels”) into a value capture maximized, aligned, and sustainable call option incentive model, and the twAML (time weighted average magnitude lock) whitepaper. twAML was designed to be a dynamic consensus based liquidity locking system. twAML supported both Time Weighted TAP or twTAP, and Call Option TAP o...
Introducing TAP
OverviewTAP is the heart of Tapioca DAO, an omnichain stablecoin ecosystem. It serves three roles within the Tapioca ecosystem- voting power within Tapioca DAO ecosystem governance, a claim on Tapioca ecosystem fees, and as an economic stimulus through Tapioca’s pioneering call option incentive model. The TAP token is a LayerZero OFTV2 (Omnichain Fungible Token), an omnichain extension of the ERC-20 token standard which supports both EVM’s & non-EVM’s. The TAP token will first be deployed on ...
Introducing TAP
OverviewTAP is the heart of Tapioca DAO, an omnichain stablecoin ecosystem. It serves three roles within the Tapioca ecosystem- voting power within Tapioca DAO ecosystem governance, a claim on Tapioca ecosystem fees, and as an economic stimulus through Tapioca’s pioneering call option incentive model. The TAP token is a LayerZero OFTV2 (Omnichain Fungible Token), an omnichain extension of the ERC-20 token standard which supports both EVM’s & non-EVM’s. The TAP token will first be deployed on ...
R.I.P. Liquidity Mining: Abridged
After the two infamous installments of R.I.P. Liquidity Mining, the purpose of this final edition is to distill the data & information from both works down into the definitive scripture of the life and unforeseen demise of our dearly departed, Liquidity Mining, and to articulate the next chapter of economic models in the book of DeFi, brought to you by Tapioca.HistoryLiquidity Mining’s humble beginnings can be traced back to October 1st, 2017, with IDEX. IDEX rewarded IDEX tokens to users who...
R.I.P. Liquidity Mining: Abridged
After the two infamous installments of R.I.P. Liquidity Mining, the purpose of this final edition is to distill the data & information from both works down into the definitive scripture of the life and unforeseen demise of our dearly departed, Liquidity Mining, and to articulate the next chapter of economic models in the book of DeFi, brought to you by Tapioca.HistoryLiquidity Mining’s humble beginnings can be traced back to October 1st, 2017, with IDEX. IDEX rewarded IDEX tokens to users who...
R.I.P. Liquidity Mining: Epilogue
Liquidity Mining $$October 1st, 2017 - October 19th, 2022$$ $$[Epilogue - October 19th, 2023]$$LIMBOBy the supreme edict of your el jefe, the Obituary of the Death of Liquidity Mining was expertly forged by the flourish of my pearl inlaid quill, and swiftly dispatched upon the blockchain. My loyal Pearl Labs interns, laboring tirelessly under my scrutinous gaze without luxury of recompense, accomplished this feat precisely one year ago. The solemn and somber Obituary was subsequently graced b...
R.I.P. Liquidity Mining: Epilogue
Liquidity Mining $$October 1st, 2017 - October 19th, 2022$$ $$[Epilogue - October 19th, 2023]$$LIMBOBy the supreme edict of your el jefe, the Obituary of the Death of Liquidity Mining was expertly forged by the flourish of my pearl inlaid quill, and swiftly dispatched upon the blockchain. My loyal Pearl Labs interns, laboring tirelessly under my scrutinous gaze without luxury of recompense, accomplished this feat precisely one year ago. The solemn and somber Obituary was subsequently graced b...
