Tempus launched its native token’s ICO on November 16, 2021. This future yield tokenization and fixed-rate protocol have great potential, and its token is trending currently. 70,000,000 TEMP tokens are available for sale for the price of $0.510000 during the initial coin offering. That is 7% of the total supply of the coins. The company accepts USDC in exchange for TEMP.
According to the team, most forms of yield farming will return a variable yield rate on this platform. That means that depositors will be subject to unpredictable fluctuations in their returns. Nowadays, the Defi market doesn’t offer an easy and efficient way to obtain a fixed yield or speculate on the receivable rewards. However, Tempus decided to change that. The company has three different use cases. Each of them offers a unique value proposition. For instance, users can fix their future yield by using any supported Yield Bearing Token. They will also be able to speculate on the rate of future yield of any such token. In addition, the platform will provide liquidity. Users will earn additional swap fees if they deposit any supported YieldBearingToken.
There is also TempusPool – the main smart contract in the protocol. Currently, it holds all locked Yield Bearing Tokens. And customers can use TempusPool to mint Principals and Yields on deposits, as well as to burn them on redemption in exchange for YieldBearingToken.
How do these pools work?
In Tempus, each pool has specific unique properties. The team defines them by the supported YieldBearingToken and the maturity time. According to the company, each token can have multiple pools with different maturities. Furthermore, each YieldBearingToken has a different underlying protocol (Compound, Aave, or Lido). On the other hand, each underlying protocol has a separate pool implementation. The team implements specific methods from TempusPool for each protocol. Currently, Tempus supports Compound, Lido, and Aave. However, the team is working on adding additional integrations.
The company also underlined that the TempusAMM smart contract is an essential component of its protocol. This contract allows customers to swap Yields and Principals for each other and provide liquidity to the platform. As a result, they can earn liquidity provider fees. The team pairs each TempusAMM with a corresponding TempusPool.
The company currently knows much less about the value of Yields at the initialization of a pool. However, it plans to check the exact value of yield that is accruing in a pool over time. By the time it reaches maturity, Tempus will know the total value.
The platform also implemented TempusAMM as Curve’s Stableswap type of AMM. It designed Stable pools specifically for swaps between stablecoins or coins whose value is equal.
What is Chainlist.finance, and how does it work?
Chainlist.finance is a relatively new platform that enables users to launch their NFTs on different blockchains. It is compatible with cross-chain blockchain, as well as cross-chain social media.
This company offers multiple new and updated features which are unique on the Defi market. Furthermore, this project explores different areas of improvement. Nowadays, social media isn’t confined to entertainment. Many people have gained thanks to it, and the number of such individuals is only increasing. Some users are already monetizing social media, and others create content only as a hobby. Chainlist.finance offers both categories to get a passive income opportunity through its platform.
Moreover, NFTs trading volume rallied in the third quarter of 2021, reaching $16.67B. That means an artist will be able to earn up to $50k on average on Chainlist.finance’s platform. Customers will also be able to convert their digital content into NFTs. And they won’t need to go through the hustle of creating a digital currency wallet at first or purchasing native tokens and utilizing them to create NFTs. The company offers users the ability to convert their digital content into non-fungible tokens quite easily.
Chainlist.finance plans to use its NFT bridge and offer its users interoperability. As a result, traders/customers will be able to buy and sell in various blockchain marketplaces without moving their coins to different crypto wallets.
The team also mentioned that after users authorize their social media accounts with Chainlist’s app, they will be able to mint, buy and sell NFTs. However, if users do not want to connect their social media accounts, they can directly convert their data into NFTs.
What about Chainlist’s features?
The company offers a wide range of interesting features. It provides metaverse with augmented and virtual reality. This metaverse will enable influencers and their followers to conduct and participate in virtual events. Customers will be able to request their celebrities for personalized content.
Chainlist.finance also offers to stake. Customers can use the company’s native token $Clist for that purpose. This platform is decentralized. That means token holders can use their native coin $Clist to participate in the governance structure of the platform.
In addition, token holders will be able to access multiple blockchains through the cross-chain interoperability feature by using the Chainlist NFT bridge. They will make transactions on different blockchains with a single wallet. Moreover, this wallet works through Chainlist NFT bridge. Using one wallet instead of multiple ones is a great advantage.
The company also has compatible applications for desktop and mobile sets. It aims to offer a better user experience to its users. Thus, the team decided to have its own open-source code on github. That means third-party platforms will be able to adopt scalability and usability within the open-source ecosystem. They will not have to write code themselves from the beginning. Instead, they will be able to adopt it from the open-source.
What about tokenomics?
The team has already minted Chainlist token on the Binance smart chain. The total token supply of Clist tokens is 1 billion. From that amount, 5% is set aside for private-sale, 30% goes to Pre-sale, and 20% is for the initial liquidity pool.
Chainlist aims to create an integrated space for blockchain and social media platforms. It wants to provide a source of passive income for social media users. The team plans to do that through non-fungible tokens and staking.
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