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 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.

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.

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.

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.

In response to the compromised Ledger libraries, the frontend for Timeswap has been temporarily taken down as a security measure. The integration of the ledger wallet on Timeswap poses a risk until the issue is resolved. Timeswap reassures that its smart contracts are safe, secure, and audited.

Timeswap has launched the Timeswap OP pool on Optimism, offering triple-digit APR for lending OP or borrowing OP against USDC collateral. The pool has a total reward of 2.4 million TIME tokens and rewards will go live at 1 PM UTC. Non-liquidatable leverage is available until February 19, 2024.

Time Travelers community members have the chance to win a Mascot Gloves NFT by suggesting their favorite tokens to be listed on Timeswap. The suggested tokens can be used as collateral or for lending and borrowing. After the event ends, the seven most interesting suggestions will be chosen for a voting poll. The reward will go to the users who suggested these tokens first.

Timeswap has reintroduced the Timeswap X Quickswap pool, but this time with a yield-bearing version called dQUICK. Users can use dQUICK as collateral to borrow USDC at a fixed 2% APR and earn staking yield of approximately 20.5%. The borrowing can be done with no downside risk for 40 days until January 8, 2024. With 2.5x leverage, users can earn around 44% APR. The more loops done, the higher the returns.