There are many places you can find out more about what Tempus does, the team, and the exciting plans ahead. Below are some useful links for you to explore further. You can also check out the community resources section as well.
TEMP is currently available on the following exchanges:
TEMP can be paired with ETH and USDC on one of the DEXs mentioned above. As a liquidity provider, you can earn a share of all trading fees from the respective DEX.
How to participate?
Effectively, fixing the yield means swapping all of the minted Yield tokens for Capital tokens. The amount swapped depends on the ratio of the tokens in TempusAMM.
For example, at the beginning of the pool, a user deposits 100 backing tokens to the pool. In return, he gets 100 Capital tokens and 100 Yield tokens. Let's say the Tempus AMM has a 100:3 ratio for Yield and Capital on a 6-month DAI pool. The user would get back 3 Capital tokens for the 100 Yield tokens they swap. In this case, the user ends up with 103 Capitals. Therefore, this results in a 3% fixed yield from the time of deposit until the maturity of the pool. As the deposit was initially made at the pool's inception, we get that effective Fixed APR of 6% with simple scaling.
A pool always has a certain amount of liquidity depending on the amount of assets Liquidity Providers have committed. This liquidity is then also split between Capital and Yield tokens, this is also referred to as the "pool ratio".
If a user wants to deposit more value than the pool can accommodate, the swap part of the AMM would fail.
If you see this message during deposit, try reducing the deposit amount.
Illustration of negative yield
When a pool is initialised, the share price at initialisation is set as the
base APR. If the prevailing yields fall cause the over yield to fall below the
base APRfor a consistent period of time, then that causes a negative yield within the pool.
If a pool experiences a negative yield then the AMM is halted and further deposits, swaps and mints will be disabled, however, users with deposits can still withdraw from the pool.
The variable APR is simply the APR of the yield-bearing token plus swap fees from the Tempus AMM. Occasionally, the variable APR can drop lower than the fixed APR due to a short-term drop in the variable yield with the yield source.
We believe in the wisdom of the crowd.
If you have a proposal on how to grow the Tempus community, ecosystem, and overall growth, please join the community and submit a proposal on the Tempus Forum.
Tempus Labs is currently leading the development of Tempus with the support of the Tempus community contributors. As the Tempus DAO matures and the community grows, we envisage an increasing number of DAO contributors will increase greatly.