Ecosystem Integration

As of 02/01/2025

On the MultiversX blockchain, wTAO serves multiple purposes:

• Lending and Borrowing: wTAO can be used in lending and borrowing protocols, offering a versatile tool for financial activities.

• Liquid Staking: Through Hatom’s Liquid Staking Protocol, users can stake wTAO to earn rewards while retaining liquidity.

• Yield Farming and Liquidity Provision: wTAO can be used in decentralized exchanges across the MultiversX ecosystem, providing liquidity and generating swap fees or yield farming opportunities.

Hatom Lending Protocol

Both wTAO and swTAO (the Liquid Staking Derivative of wTAO) are integrated into the Hatom Lending Protocol. Users can supply these assets to earn interest, use them as collateral for additional incentives, or borrow against them. This flexibility allows users to access liquidity without selling their assets, thereby maintaining exposure to their holdings.

Hatom Liquid Staking

Through TAO Liquid Staking, users can earn staking rewards without fully locking their liquidity. This integration enables broader participation in DeFi and unlocks new opportunities within the MultiversX ecosystem.

Decentralized Exchanges

TAO is integrated into the leading decentralized exchanges within the MultiversX ecosystem, offering deep liquidity for efficient transactions. Users can provide liquidity for any pair associated with TAO to generate swap fees and explore various yield farming opportunities.

Hatom USH

Additionally, wTAO and swTAO can be used to mint USH, the first decentralized and over-collateralized stablecoin on the MultiversX ecosystem. This makes USH the first stablecoin to accept TAO as collateral, offering users a secure and efficient way to leverage their assets. By minting USH, users can maintain exposure to TAO while gaining access to a stable and versatile medium of exchange within the ecosystem.