Here's what you're getting into when lending into our pools.
Currently, two pools are active: 1) Transition price of $0.8 (lending $USDC; long $ARB) 2) Transition price of $2 (lending $ARB; short $ARB)
6/ 1) Transition price of $0.8 (lending $USDC; long $ARB)
- If $ARB price at maturity is < $0.8, borrowers may default
- You will then receive $ARB as a lender (similar to a buy limit order at #0.8)
- If $ARB price at maturity is > $0.8, you get your $USDC principal and yields
7/ 2) Transition price of $2 (lending $ARB; short $ARB)
- If $ARB price at maturity is > $2 borrowers may default
- You will then receive $USDC as a lender (similar to a sell limit order at $2)
- If $ARB price at maturity is < $2, you get your $ARB principal and yields
8/ What's next?
Secure your yields. ๐
Share with frens. ๐ซ
Stay tuned for our [redacted] rewards. ๐ช
Make money together. ๐ฐ
We promise you, all that Time Traveling will be worth it!
Like and RT the first tweet if you found this thread helpful!
Timeswap will be launching on @arbitrum this Thursday (March 23; Airdrop day), bringing the first ever lending/borrowing market for the $ARB token! (๐,๐งก)
Are you ready to earn yield/ lever up your $ARB exposure? ๐โณ
How is Timeswap the only DeFi protocol to have an $ARB marketโ
The Timeswap AMM allows pools to have its own rate discovery model for any token without the need for Oracles. โ๐ฎ
This allows our pools to stay independent of any short-term $ARB price manipulations(very likely).
What do users getโ๐ค
Get access to leverage your $ARB without worrying about liquidations. ๐
or
Take the other side of the trade and earn yield whilst betting against $ARB ๐