What is Taco?
Taco is an onchain trading economy built by its traders. Trade the Magnificent Seven U.S. stocks and crypto majors with up to 1,000× leverage, no price impact, and no opening, closing or funding fees.
Every trade settles against the House LP, Taco's protocol-owned liquidity (POL) pool. Trading losses help build the House and mint TACO for the traders who incur them.
TACO is an ERC-20/BEP-20 token, freely transferable when unstaked and unlocked. Stake TACO to share in the protocol's distributable revenue, paid in USDT. Choose flexible staking or lock your tokens for greater distribution weight.
The principle is simple: the people who help build the protocol should have a way to share its success. Taco puts this into practice with the following: