taiKSM price

TAIKSM

taiKSM can be minted from KSM and/or LKSM which is designed to breakdown liquidity silos and enhance overall usability for KSM:

1. taiKSM enables highly efficient swap transactions (KSM-LKSM)
2. taiKSM maintains a stable peg against KSM
3. taiKSM unifies siloed KSM liquidity across Parachains
4. taiKSM maintains and distributes yields from underlying KSM derivatives to taiKSM holders (ie. LKSM)

taiKSM is powered by Taiga. Tapio & Taiga Protocol is motivated to maximize liquidity efficiency by removing silos caused by DOT and KSM derivatives. We believe introducing a synthetic standard to unify different forms of DOT and KSM liquidity can help realize the multichain vision of Polkadot and Kusama!