FAQ
Frequently Asked Questions about Tapir
What is Tapir Protocol?
Tapir Protocol is a risk protection marketplace tailor made for decentralized finance. It lets you protect yield-bearing assets against depeg events while keeping 100% of your capital productive and earning yield. You can buy protection (DP tokens) or sell protection for boosted yield (YB tokens).
What problem does Tapir solve?
Over $1.2 billion has been lost to depeg events in DeFi since 2021, yet less than 0.2% of yield-bearing assets are hedged. Traditional protection solutions force you to lock capital in idle reserves, losing yield. Tapir eliminates this tradeoff — both protection buyers and sellers keep their full base yield.
What are DP and YB tokens?
When you deposit a yield-bearing asset, Tapir splits it 50/50 into:
DP (Depeg Protected) — protected claim on the underlying asset. If a depeg occurs, DP holders are made whole first. Ideal for risk-averse investors.
YB (Yield Boosted) — yield-enhanced claim. Earns additional yield by absorbing depeg risk. Ideal for sophisticated investors.
Both tokens retain 100% of the base yield from the underlying protocol.
What is the coverage limit?
Tapir provides up to 50% loss coverage per pool. Depeg events up to 50% are fully covered for DP holders. Beyond 50%, partial protection applies.
Has Tapir been audited?
Yes. The protocol has published audit materials, and the core contract is intentionally minimal.
What do I need to start?
A self-custodial wallet (MetaMask, WalletConnect-compatible, etc.)
A supported asset in the currently active deployment
A small amount of ETH for gas fees
Connect your wallet at tapir.money to get started.
For detailed answers on token mechanics, oracle design, risk profiles, governance, and more, see the complete FAQ.
Still have questions?
Telegram: https://t.me/tapir_protocol
Twitter/X: https://x.com/tapir_protocol
Website: https://www.tapir.money/
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