Hello everyone, today I would like to tell you about the interaction between Tempus and Fantom.
What is Tempus? Tempus — is a future yield and fixed rate tokenization protocol (How many projects have you met with a fixed rate? I think not, so this project will bring new opportunities to the crypto industry).
Most forms of income farming produce variable yields. This means that savers may be subject to unpredictable fluctuations in their earnings. Currently, there is no easy way to effectively use capital to earn a fixed income or otherwise speculate on the rewards received.
This is where Tempus comes into play. Tempus offers three different use cases, each offering a unique value proposition:
- Lock in your future returns using any supported return token (e.g. stETH, cDai).
- Speculate on the future yield of any supported Yield Bearing token.
- Provide liquidity to earn additional swap fees (in addition to the income earned through harvesting protocols) by depositing any supported Yield Bearing token.
Another of the main advantages of the project is that users can deposit or withdraw their money into or out of the pool at any time without any penalty interest.
What is Fantom Foundation? Fantom — is a high performance and scalable decentralized smart contract platform based on DAG (Directed Acyclic Graph). It is compatible with the Ethereum Virtual Machine and supports smart contracts and decentralized applications in the Solidity language.
Thanks to the ease of migration, fast and cheap transactions, the Fantom network has formed a vast ecosystem of dozens of blockchain projects, including decentralized exchanges, DeFi lending protocols, and NFT marketplaces.
In the fall of 2021, the Fantom ecosystem entered the top 10 blockchain platforms in terms of blocked funds, and the number of unique addresses in the network exceeded 1 million, which is why the Tempus project decided to go beyond the use of Ethereum and started working with this particular blockchain.
Another reason why Tempus started with Fantom is that as of today, Fantom’s TVL has exceeded $11 billion, surpassing Avalanche and Solana.
This month, TVL in the Tempus project exceeded $10 million, and the work on the Ethereum main network, which was launched on December 15, 2021 (and the work is already underway with the Fantom network), is a great indicator of the seriousness and competence of the project ideas in the DEFI field.
The project is growing and improving, it can be seen. Tempus brings everything new and new to its company, the team expands every week and connects professionals in their field. And if you are a professional in your field and are looking for development opportunities in a great team, then you can check out the vacancies — https://angel.co/company/tempusfinance/jobs.
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