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TaiChi is a decentralized reserve currency protocol on the Binance Smart Chain (BSC). It is based on the mechanism pioneered by Olympus (OHM) to bootstrap protocol liquidity and forks the protocol code to create a BSC-native version. TAC is backed by a basket of assets like BUSD, wBNB, and BUSD-TAC liquidity tokens. This gives TAC a price floor it theoretically cannot fall below.
TaiChi does not pretend to reinvent the auto-compounding mechanism of Olympus, but rather suggests that deploying it on Binance Smart Chain provides users with a more affordable option to participate in yield maximization. That is why the protocol aspires to be the “zen approach to wealth creation.” TaiChi claims to put the community first by being “a comfortable place to invest your money whether you’re putting in one hundred dollars or one million.”