Incentive farm on timeswap is here
up to 680% apy
Incentive Incentive Incentive is what farmer like me loves the most
and pre-mining of @TimeswapLabsis here
Get ur Pickaxes ready for timeswap's up to 680% apy
📍No bullshxt TLDR
▫️ Time incentive emission is NOT linear, is better to farm early
▫️ Capture potential apr spike as Timeswap apr is fixed once u entered the position.
With STIP incentives +premine some whale position might move the apr
▫️Potential Farming Strategies
Although the fixed yield is only 2.3%
The rewards apy is 683% tho
( i have entered a bit myself, check debank )
The APR should show in 1 hour from now i heard from the team should be gud
Do keep note the tokens are non-transferable TIME tokens which is to be claimed later after the TGE.
Something interesting about this farm is that the TIME emission rate of each pool linear decrease over time. meaning the first few days the emission will be highest
TLDR is the earlier you go in, the more emission reward you get.
But please don't just ape because of the incentive
let me show how does everthing work.
📍How does lending work
Terms:
▫️Maturity 4 Dec
( pool expiry date )
▫️Transition price 0.5
( The price borrowers expected to repay the loan or not )
▫️APR 1.75%
( The interest rate you earn to provide, its fixed once u deposit )
📍Explain to you easily
As a lender it means
I will buy X [ USDC you deposit ]
If the the price goes above 0.5 [ Trasition price ]
on 4 Dec [ Maturity ]
i will get 3,006 USDC [ Case 1 ]+apr
if price goes under 0.5 [ Trasition price ]
i will get 6,012 ARB [ Case 2 ]+apr
If you enter this position it means your market view is
I think ARB will not be blow 0.5usd per token on 4th Dec
I am happy to buy it at 0.5usd if it does.
i will also earn apr while doing this
Which is my strategy.
📍How does borrowing works
Terms:
Maturity 4 Dec
( pool expiry date )
Transition price 0.5
( The price borrowers expected to repay the loan or not )
APR 1.01%
( The interest rate you borrow to its fixed once u deposit )
Debt to repay & Collateral to lock
📍Explain to you easily
As a borrower it means
if price goes under 0.5 [ Transition Price ]
on 4 Dec [ Maturity ]
i will keep the 1000usd and not repay my loan
if price stays above 0.5 [ Transition Price ]
on 4 Dec [ Maturity ]
i will keep the return 1,001usd to redeem ARB
If you enter this position it means your market view is
I want to hold ARB but in case if it doesnt drop pass 0.5 on maturity date i want at least have taken 1000usd profit.
And i am willing to 1.01% interest for this
Now that you understand
How it works
What does each position means
so what is the "Capture potential apr spike as Timeswap" i mention above means?
📍 Capturing Potential high apr spike
if u joined medium rare early u would hv been part of the medium rare product driven ama n understood
timeswap's apr are fixed with sizable trade it will cause apr to spark
and it can be an opportunty for you to captaure it!
Full transparency im now working with timeswap because i like their team n product.
talking to @archipelabro about how to improve product experience,
Small UI improvements
right amount of incentive to get users makes me bullish
n Yes i did shill about them in my disclosure lmao
An AMA recap i did with the team + more detail breakdown into the protocol tutorial