Swap

TaoFi has deployed Uniswap V3 on Bittensor EVM, enabling users to swap between assets on the network. TaoFi has deployed a TAO-USDC trading pair, making it possible for users to permissionlessly buy and sell TAO. Swaps through this pool have a 0.3% fee, which goes entirely to liquidity providers.

Users can provide liquidity to the TAO-USDC pair to earn fees. Liquidity is allocated to a custom range. For example, a liquidity provider could provide USDC liquidity in the $400-450 price range, effectively serving as a permissionless limit order limit order.

TaoFi will be releasing additional pairs and tools for liquidity providers.