Example of Tapi at Work
Once the Tapi Protocol is live, there will be multiple Banking Nodes running with multiple pools. A borrower can apply for a loan from any of these nodes. Lenders and stakers will be able to lend stablecoins, stake Tapi tokens, or do both, with any of these nodes.
Scenario 1:If John Successfully Completes the Loan
If John is successful in making each installment payment for the 36-month duration, the loan will be considered completed. With each repayment, the total asset value of the pool grows, and the ending asset value of the pool will grow by $11,313.35 as a result of this loan. The bnUSD/USD ratio will be 1.00226267. The staked/bonded tokens will receive 3,232.38 Tapi tokens (assuming the constant price of $1 per token), and upon completion, the Banking Node operator will have accrued $1,616.19 in interest.
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