๐ฎ Timeswap Launches wMON/USDC Market
๐ฎ Timeswap Launches wMON/USDC Market
๐ฎ wMON lending arrives
Timeswap has launched a new wMON/USDC market on Monad, offering two key utilities:
- Lend USDC to earn yield
- Collateralize wMON to borrow USDC at fixed interest rates
The market uses Timeswap's AMM design to enable:
- Fixed-term lending
- Liquidation-free loan structures
This expansion brings Timeswap's oracleless lending protocol to the Monad ecosystem, allowing users to access DeFi lending without traditional liquidation risks.
๐๐ ๐ข๐ก๐๐ ๐ The ๐จ๐ฆ๐๐/๐๐ ๐ข๐ก market is available on Timeswap, powered by @monad Users can access the following utilities: โข ๐๐ฒ๐ป๐ฑ๐ถ๐ป๐ด: Users can lend USDC to earn yield. โข ๐๐ผ๐ฟ๐ฟ๐ผ๐๐ถ๐ป๐ด: Users can collateralise wMON to borrow USDC at fixed interest rates.
New ETH markets live on Timeswap
Timeswap has launched 4 new ETH markets. Users can enjoy rewards such as $TIME, $LIF, $ARB, $BTRFLY for staking or leveraging ETH. The pools for Cian's ciETH and Origin's OETH will go live today.
Timeswap mETH/WETH pool topped with $TIME rewards
Timeswap has announced that their mETH/WETH pool is now topped with $TIME rewards. Lending WETH can provide over 900%+ $TIME incentives, while borrowing WETH against mETH offers $TIME rewards. Users can enjoy non-liquidatable borrowing until February 16, 2024, and leverage staking yield of mETH, $TIME incentives, and Mantle Journey Points. Additionally, ARB rewards are now available for claiming on the ARB, PT-GLP, GM (SOL-USDC), wstETH, sJOE, and plsARB pools. More $ARB rewards are on the way to boost user yields.
Important Message for Lenders in Timeswap Pools
Timeswap reminds lenders to exercise caution when closing lend positions before pool maturity due to low liquidity caused by high borrowing demand. Lenders are advised to wait until pool maturity or when better liquidity is available. The protocol is functioning as expected.
Timeswap x LandX: Earn RWA Yields with xBASKET as Collateral
LandX finance has tokenized commodity yields in the form of xTOKENs, backed by actual farmlands. xBASKET, an index of commodities on LandX, is now available as collateral on Timeswap. Users have the opportunity to earn 19% APR on xBASKET. There are also rewards of $TIME tokens and LNDX on both Ethereum Mainnet and Arbitrum. Accumulating $TIME and $LNDX early is encouraged.