Tidal Governance Price

Tidal Governance is a decentralized cryptocurrency and governance token for the Tidal Finance protocol. It operates on the Ethereum blockchain and aims to create a customizable insurance market for digital assets across multiple chains. Key features of TIDAL include: • Allows users to create custom insurance pools for various crypto assets • Incentivizes pool creators with rewards to maximize capital efficiency • Promotes competition between insurance pools to improve overall efficiency • Current price: $0.00001897 • 24h trading volume: $68.66K • Market cap: $149.74K • Circulating supply: 7.89B TIDAL • Total supply: 19.83B TIDAL • All-time high: $0.05676 (March 25, 2021) • All-time low: $0.00001602 (July 2, 2021) Tidal Governance aims to make decentralized insurance more accessible and efficient in the growing DeFi ecosystem. Its customizable pools and incentive structure seek to address limitations of existing crypto insurance protocols.

Tidal Governance was created on March 22, 2021. The project launched its token on the Ethereum blockchain as an ERC-20 token. Since its inception, Tidal Governance has aimed to provide a customizable insurance market for crypto assets across multiple blockchain networks, similar to Balancer but built on Polkadot. The platform allows users to create custom insurance pools for one or more assets, incentivizing capital efficiency by rewarding pool creators with a portion of deposit yields.

The founders of Tidal Governance are Chad Liu and Yongxing Wang. Chad Liu, the CEO, has extensive experience in blockchain and financial technology, having previously worked at major tech companies. Yongxing Wang, the CTO, brings strong technical expertise in smart contract development and decentralized systems. They launched Tidal Governance in March 2021 with the vision of creating a customizable insurance market for digital assets across multiple blockchain networks. The founding team's background in both finance and blockchain technology has been instrumental in developing Tidal Governance's innovative approach to decentralized insurance.

Tidal Governance operates as a decentralized insurance protocol on multiple blockchain networks. Here's how it works: 1. Users can create customized insurance pools for various assets across different chains. 2. Pool creators are incentivized with a portion of deposit yields, maximizing capital efficiency. 3. The open market nature of Tidal Governance fosters competition between pools, further enhancing efficiency. 4. Users can select one or more contracts to create insurance vaults. 5. The protocol utilizes smart contracts to automate claims processing and payouts. 6. Tidal Governance token (TIDAL) is used for governance and staking within the ecosystem. 7. The total supply of TIDAL is 19.83B TIDAL, with 7.89B TIDAL currently in circulation. 8. Tidal Governance is built on Ethereum and has expanded to other networks like Polygon and Injective. 9. The protocol aims to provide flexible and efficient insurance solutions for the DeFi space. 10. Tidal Governance's current market cap is $149.74K, with a 24-hour trading volume of $68.66K. This innovative approach allows Tidal Governance to offer tailored insurance products while maintaining high capital efficiency in the rapidly evolving DeFi landscape.

Tidal Governance utilizes a multi-chain architecture built on Ethereum and Polkadot. Its core components include: 1. Custom insurance pools: Users can create tailored insurance pools for assets across multiple blockchains. 2. Capital efficiency mechanism: Pool creators receive a portion of deposit yields as rewards to maximize efficiency. 3. Open market structure: Promotes competition between pools to further enhance capital utilization. 4. Cross-chain compatibility: Supports assets and insurance across Ethereum, Polkadot, and other networks. 5. Smart contract-based vaults: Users can select multiple contracts to create insurance vaults. 6. Governance token (TIDAL): Used for protocol governance and incentives. This architecture allows Tidal Governance to offer flexible, efficient, and cross-chain insurance solutions in the decentralized finance ecosystem.

Tidal Governance has an ambitious roadmap focused on expanding its decentralized insurance ecosystem. Key milestones include: 2025: Launch of cross-chain insurance pools and integration with major DeFi protocols. 2026: Introduction of AI-powered risk assessment and claims processing. 2027: Expansion to additional blockchain networks and launch of tokenized insurance products. 2030: Development of a DAO governance model and establishment of a decentralized reinsurance market. 2035: Aim to become the leading decentralized insurance provider in the crypto space. The TIDAL token is expected to play a central role in governance and incentivizing participation. Price predictions suggest potential growth: 2026: $0.00002005 2030: $0.00004048 2035: $0.00007651 With its innovative approach to customizable insurance pools and focus on capital efficiency, Tidal Governance is well-positioned for long-term growth in the expanding DeFi insurance sector.