Timechain DEX Introduces Liquidity Pools & Farming Features on Its Automated ...
Decentralized financial ecosystem, Timechain announced the launch of new features to its decentralized exchange (DEX), this Monday, bringing the world of decentralized finance (DeFi) to its users. The new DeFi features include staking, liquidity pools, yield farming, and permissionless lending and borrowing. Additionally, users will be able to swap thousands of cryptocurrencies on multiple blockchains including assets on Binance Smart Chain, Ethereum, and Fantom ecosystems. Since the start of 2020, the DeFi ecosystem has soared exponentially in value as developers introduced new ways for....
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The automated protocol will launch with new features allowing bitcoiners to create their own liquidity pools, fees, and perform trustless swaps.
With UNI farms closing on Nov.17, the community has discussed what comes next. The world’s largest decentralized exchange, Uniswap, has just conducted its first community call primarily to discuss which direction to take when UNI farming concludes on November 17.But the call ended with no clear direction from Uniswap, and no proposals submitted for extending UNI farming or launching new pools, so next week may well bring a lot of volatility to the space. Uniswap has been running four ETH-based liquidity pools since September 17 that have been earning 583,333 UNI per week, per pool. The....
Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and financial tools for institutional clients to explore. Moreover, its offerings are of a higher level than other Canadian crypto service providers, giving Timechain a solid....
Matthew Roberts and Elías Snær Einarsson, two developers who have been active in the crypto space, recently proposed and published a new technology known as timechain. Simply put, the timechain is a chain of keys that can be used by anyone to encrypt any information for a certain period of time. It introduces proper incentives for the people who create and maintain the chain, hence the system is considered a decentralized autonomous company (DAC). The idea received quite some attention, as it claims to offer genuine security improvements for the crypto space. A lot of people have made....
Liquidity pools offer passive income opportunities to investors — but how do they work? How can I join DeFi liquidity pools?The exact procedure for joining DeFi liquidity pools varies according to the platform. In general, one would need to set up an account on the platform of choice and then connect an Ethereum wallet such as MetaMask or other Web 3.0 wallets from the homepage. After that, tokens can be deposited into the relevant liquidity pool.On platforms, such as Uniswap, one would need to search for a specific pair they want to provide liquidity to and then connect the wallet. After....