What is Tempus? Tempus is a DEFI protocol that allows users to stake assets that yield optimized returns and fixed future interest rates.
To understand more about Tempus, people can read some of the articles below:
- What is Lido Finance (LDO)? Overview of Electronic Conveniences Lido Finance
- What is Algofi (BANK)? Algofi Cryptocurrency Overview
- What is Compound (COMP)? Compound Cryptocurrency Overview
What is Tempus?
Overview of Coinwind
Tempus is a DEFI protocol that allows users to stake assets that yield optimized returns and fixed future interest rates. However, in the current crypto market context, most protocols that increase profits for users have a variable interest rate in terms of unpredictable price fluctuations.
Currently, protocols have not yet developed specific solutions to this user problem, so users cannot own fixed profits and ensure safety when participating in investments. Investing and Tempus is the solution to this problem and is also a favorite for any investor looking for a protocol that can solve the shortcomings of the Impermanent loss problem.
Mechanism of action of Tempus
Tempus’s mechanism of action includes the following products:
- Tempus Pool: TempusPool is the main Smart Contract in the Tempus protocol. A place Handles deposits and conversions (via TempusController). By tracking the exchange rate of the underlying yielding token, it generates capital and yield on deposit and burns them on redemption in exchange for yielding tokens.
- TempusController: Lis the main entry point of the Tempus Protocol, allowing used to trigger all user actions within the protocol, such as depositing and redeeming gifts. It is also used to simplify the interface for users when they want to use complex operations such as some of the following transactions ( Deposit and provide liquidity, Deposit and collect fixed profits on the protocol, Exit TempusAMM and exchange for supporting or profitable tokens,… )
- Tempus AMM: allowing users to swap profits and capital with each other or provide liquidity to the platform to earn fees from liquidity providers. Each TempusAMM is paired with a corresponding TempusPool (initialized concurrently).
The Tempus Difference
Tempus’s differences include the following factors:
- The protocol helps users solve the Imperial loss problem of the decentralized market
- Optimize future fixed profit interest rates for users
Tempus development roadmap
Update…
Investors
- July 2021 Tempus successfully raised $1.90M in capital through Seed Round at a price of $0.01
- 11/2021 Tempus successfully raised $4M capital through Strategic Round at a price of $0.125
- 11/2021 Tempus successfully raised capital of $27.90M through Public Sale at a price of $0.3079
Core Team
- Founder David Garai: CResponsible for providing strategic, financial and operational leadership at Tempus. Before founding Tempus with Đorđe, he worked as a structured finance lawyer in London and Tokyo.
- Co-Founder Đorđe Mijović: CResponsible for technology oversight at Tempus. Before co-founding Tempus with David, he worked as a core Solidity compiler developer at the Ethereum Foundation.
Tokenomics
Information about Tempus tokens
- Token Name: Tempus Token
- Ticker: TEMP
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0xa36fdbbae3c9d55a1d67ee5821d53b50b63a1ab9
- Total Supply: 1,000,000,000
Tempus Token Allocation
- Current & Future Team: 26%
- Treasury & Liquidity Incentives: 45%
- Investors & Advisors: 22%
- Fair Launch Investors: 7%
Token Release
- Team: Gradually distributed over 3 years after mainnet.
- Investors & Advisors: Gradual allocation over 3 years after mainnet.
Token Use Case
- TEMP holders can submit governance proposals and vote to decide the future of Tempus.
- Allows fixed usage of profits and speculation on future profit rates of any token that yields profits
- Provide liquidity to earn more trading fees
- TEMP holders capture value from products developed by Tempus, including early access to any new products and their tokens
Exchanges
Currently $TEMP token is being traded on the following exchanges: Uniswap v3, Balancer v2
Project Information Channel
- Twitter: https://twitter.com/TempusFinance
- Telegram: https://t.me/tempusfinance
- Medium: https://medium.com/tempusfinance
- Discord: https://discord.com/invite/uBZt4XyQbZ
- Github:
Summary
Tempus is a DEFI protocol that allows users to stake assets that offer profit optimization and fixed future interest rates and is also a solution that can solve the major shortcomings of the Impermanent problem. loss brings to decentralized market investors.
Through this article, you probably have some basic information about the Tempus project to make your own investment decisions. Please leave comments and suggestions for me in the next articles. !