
About
TeaDAO is a decentralized metaverse reserve currency for GameFi, offering instant liquidity for NFTs through the NFT-as-Bonding-Assets mechanism. It allows GameFi projects to create an NFT Liquidity Pool by providing liquidity (stablecoins) into the TeaDAO treasury. These stables are used to mint TEA. Users can then sell NFTs into the pool and receive TEA (which is backed by stables that the GameFi projects have deposited into the treasury) in return. Once NFTs are sold into the pool, they are under the control of the GameFi projects.
Founded
2021 · 5y
History
2022
Jul 10, 2022security incidentmajor
TeaDAO exploited for $1.4M
$1.40M
Mar 22, 2022token launchmajor
TEA token IDO on Polkastarter
2021
Jan 1, 2021founded
Founded
funding
Funding Round
Jsquare, Mapleblock, Digital Finance Group






















