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Tarot is a multi-chain, decentralized lending system that lets participants act as either lenders or borrowers within separate lending pools. Lenders can contribute tokens to any lending pool on the Tarot Protocol to receive passive yield, while avoiding impermanent loss. Borrowers may place LP tokens into a lending pool to borrow more tokens from the token pair. This approach lets borrowers use their LP holdings to scale into additional LP positions, supporting leveraged yield farming and stronger LP rewards.TAROT serves as the limited-supply governance token for the Tarot Protocol. Through TAROT, token holders can get involved in governance-helping steer the direction of Tarot and setting major parameters such as the interest rate model, fee rates, and how protocol fees and reserves are distributed to the Tarot Protocol. TAROT has no stated or implied value other than its role as a protocol governance token.
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