Timeswap x LandX: Earn RWA Yields with xBASKET as Collateral
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.
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.
ARB Rewards Claim and Arbitrum Frontier Campaign Updates
The ARB rewards accrued until 27th December are now available for claiming on the Rewards page of the app. The Arbitrum Frontier campaign has ended and winners will receive Timeswap Pepe Astronaut NFTs and $TIME tokens.