The hype around blockchain, DeFi and DEXs is massive. The modern world is moving into the digital space. Many seek decentralization, including the decentralization of finance. But how will these finances work and who will protect it?
Introduction. What is a Timeswap?
Timeswap is the first fully permissionless, oracle-less, non-liquidatable, fixed maturity lending & borrowing protocol for ERC20 tokens built on Ethereum. DeFi 2.0 is here, guys.
Some advantages:
- Each user can issue a loan or take out a loan of any ERC20 token with any other ERC20 token as collateral. Complete freedom and independence!
- Users can not worry about the liquidation penalty and now do not depend on the liquidators
- A unique approach — flexible interest rates and collateral factors.
- The ability to use your native tokens as collateral
The entire infrastructure is aimed for the convenience of users! The approach is very different from modern traditional banks, isn’t it?
Each lender controls its risks and the percentage rewards that he or she will receive. Very flexible win-to-win system. Plus, low transaction fees, no oracles or liquidators.
Scope of application.
“Timeswap aims to revolutionize money markets via its unique 3 variable constant product AMM”
- Insurance
- Bonds
- Debt security
The team also presents the Constant Product Automated Market Maker Algorithm — the principle of operation is to balance income and the number of tokens in the pools, the lower one indicator, the higher the other. In the good traditions of Uniswap.
Investors.
I am glad that these people appreciated the potential of Time swap.
I wish everyone to save and increase their money by using the opportunities provided by projects such as Timeswap.
To learn more about Timeswap, visit https://timeswap.io/
Join the Discussion in Communities:
Twitter: @TimeswapLabs
Telegram: https://t.me/timeswap
Discord: https://discord.gg/878hCSuEg2
Web: https://timeswap.io/
And one more thing: you can answer the introductory quiz and throw your results into Discord. Good luck!
https://onlinetestpad.com/ghoqhqlowh4p4