Use Cases and Advantages

The Tao Bridge enables several key functionalities and benefits for its users:

  • Enhanced Liquidity: It bridges wTAO from user’s TaobaoChain account to the TAO Network, and vice versa, making staked assets more liquid, so users can timely seize market opportunities or cope with market changes.

  • Increased Accessibility: The bridge creates a low entry point for those Ethereum users who want to participate in the TAO Network by making contributions to its security and governance.

  • DeFi Integration: On-chain bridged wTAO can now be used throughout many different DeFi protocols on Ethereum, creating new utility and potentially more profitable strategies for users.

  • Governance Participation: Bridging assets to the TAO Network allows users to help to govern the Gradient protocol, shaping the direction of its development.

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