Saakuru-MetaOne-logo
Embeddable SDK
Cashback
dApp Store
Referrals
Help
Saakuru-MetaOne-logo
Saakuru-MetaOne-Discovery
Discovery
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Explore Web3 & Metaverses intuitively with Saakuru App
Created by
Saakuru-MetaOne App logo
Saakuru-MetaOne-Discover
Discover
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Saakuru-MetaOne-Saakuru-MetaOne-banner-logo
Saakuru-MetaOne-Saakuru-MetaOne-logo

Tidal Finance

Higher Yields Protocol Insurance Earn higher yields while securing and insuring the DeFi and blockchain economy
Category
Saakuru-MetaOne-Saakuru-MetaOne Category
Finance
Blockchain
Saakuru-MetaOne-Ethereum-badge-icon
Ethereum
Currency
Saakuru-MetaOne-currency-icon
TIDAL
Publisher
Saakuru-MetaOne-Saakuru-MetaOne-Publisher
Tidal Finance Team
Saakuru-MetaOne-play-button
Saakuru-MetaOne-play-button
Saakuru-MetaOne-play-button
Saakuru-MetaOne-play-button
Saakuru-MetaOne-play-button
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
What is Tidal Finance?
TIDAL is a decentralized discretionary mutual cover protocol that offers the DeFi community the ability to hedge against the failure of any DeFi protocol or asset. By directly leveraging up the reserve to cover multiple protocols at the same time, the enhanced capital efficiency attracts reserve providers while a competitive insurance premium attracts buyers. Tidal primarily consists of cover (insurance) buyers and reserve providers. Since pure peer-to-peer matching platforms on an individual bases have failed to gain traction in areas related to both lending and insurance, Tidal pools capital from reserve providers to offer covers to buyers. This allows for higher capital efficiency as the same reserve backs more covers than can be individually paid out and also eliminates a peer matching process resulting from double coincidence of wants. Capital pooling is known to be very efficient as well as effective as the probability of every protocol that an insurance provider covers is very low. However, this also requires proper risk management to reduce the chances of bankruptcy and consequent default on the insurer's front while also charging insurance purchasers an appropriate premium to account for the risk they transfer to the insurer.

Over-leveraged mutual coverage pools
A set of protocols all backed by a common over-leveraged reserve to increase capital efficiency.

Auto renewals coverage plan
Cover buyers can pre-fund their wallets and have their cover be auto-renewed on a weekly basis.

Guarantor Staking Pool
Each protocol in the mutual coverage pool has its own gaurantor staking pool. Protocol team and their token holders can stake tokens to compensate reserve providers under payouts solely related to their own protocol. In return, the guarantor pool recerives both premiums of cover sold against their protocol, as well as Tidal mining rewards.

Tidal Staking Pool
Tidal tokens can be staked in a pool to act as another compensation source to the reserve providers for Tidal staking rewards.

Reserve Provider
Reserve providers are users that are staking their stable coins (USDC) as insurance reserve capital with the intention to generate premiums on their capital in exchange for providing coverage for specified insured event(s), if there is no, or a low rate of, protocol failure.

Cover Buyer
Users or entities who wish to cover their assets (TVL) in TIDAL Insurance Coverage Pool. They are the equivalent of insurance policyholders, and are the beneficiary of the payout policy of the cover token purchase (in the event of successful claims assessment).

Guarantor
Guarantors will be able to stake in Guarantor’s Reserves to guarantee a given protocol. Such reserves will be used to compensate reserve providers in the event of paying out a valid claim against the guaranteed protocol, as well as receiving extra yield - a percentage of all the premium sold for the guaranteed protocol. Protocol teams will be incentivized to provide Guarantor Reserves for their own protocols.

TIDAL Staker
TIDAL token holders can stake TIDAL. The staking pool is designed to earn additional TIDAL token as well as supporting the platform's growth by taking certain risks of a payout event - Certain percentage of the staking pool will be used to compensate reserve providers whose capital were reduced during the payout.
Information
Type
Automated Market Maker
Blockchain
Ethereum
Currency
TIDAL
Platform
Windows, macOS
Publisher
Tidal Finance Team
FAQ
Tidal Finance is a project to establish a decentralized insurance marketplace in DeFi space to connect insurance sellers and buyers to cover smart contract hacks risk. Tidal offers the functionality to create custom insurance pools for one or more protocols. The main objective of the platform is to maximize capital efficiency and return to attract reserve providers, while offering competitive insurance premiums to attract buyers.
User can participate on tidal platform in the form of 4 roles:
Reserve provider: Provide USDC as insurance collateral to earn premium.
Cover buyer: Pay premium fee to get their TVL covered.
Guarantor: Token holders of the protocols in the mutual cover pool can stake their token as collecteral to earn premium.
TIDAL staker: Stake TIDAL token as collecteral to earn premium.
As DeFi becomes mainstream, individuals and institutions need assurances that their investment of value into these new protocols are protected. As any new technology, smart contracts are susceptible to hacks and manipulations. In order to increase adoption of DeFi instruments, confidence in these protocols must be increased. Tidal solves this problem in a way that is economically attractive to users of DeFi protocols, transparent, profitable, decentralized, and scalable.
The Tidal protocol is governed by its governance token holders. The public can submit changes to our code or parameters that guide performance of the protocol. Token holders can vote on these proposals in our normal DAO process using TIDAL tokens. At launch, all of the required parameters and selection of Assessors, etc. will be set by the Tidal team; however, all of this can be changed via the governing process.
It is in the best interest of Tidal token holders to support the value of the Tidal tokens. The value of these tokens in turn is directly related to the overall health of the Tidal protocol. Our claim voting process will reward token holders that vote in the majority. Tidal Assessors can also overwire the vote unless the super majority has voted in favor of denying the claims.
No, Tidal is non-custodial and doesn’t require KYC.
Tidal protocol is designed to help reserve providers to generate attractive returns while lowering the risk to their capital. Tidal functionality allows reserve providers to stake their capital to cover multiple protocols. At the same time, guarantor pool and staking pool is designed to compensate reserve providers when the loss insures.

Additional incentives to the reserve providers are provided in the form of TIDAL tokens.
No, you have full control over the capital staked to the protocol at any point of time. Nobody on the Tidal team has the ability to control your funds. There is a delay before you can withdraw your funds, to make sure any claim filed for the pool you are providing capital to can be covered.
Social Links
Saakuru-MetaOne-Twitter
Twitter
Saakuru-MetaOne-Discord
Discord
Saakuru-MetaOne-Telegram
Telegram
Saakuru-MetaOne-Medium
Medium
Saakuru-MetaOne-Youtube
Youtube
You Might Also Like