What is TimeSwap?— The Fully Decentralized Lending and Borrowing Protocol in DeFi
- TimeSwap is a fully decentralized lending and borrowing protocol in the DeFi (Decentralized Finance) space. It uses a three-variable AMM (Automated Market Maker) to enable fixed-maturity, oracle-less lending and borrowing in a completely self-sufficient manner.
- TimeSwap aims to provide a better user experience for lending and borrowing in the DeFi space, with features such as fixed-maturity lending and oracle-less borrowing.
- TimeSwap has been live on Polygon Mainnet since March 2022, and a “Testnet version is currently available for users to try out”.
Understanding Timeswap’s Three-Variable AMM
- TimeSwap’s AMM works on the basis of 3 variables: Principal Pool (X), Interest Rate Pool (Y) and Collateral Factor Pool (Z).
- The interplay of these variables determines the interest rate and other lending and borrowing terms on the platform.
- Timeswap’s AMM allows for more flexibility and control over lending and borrowing terms compared to traditional AMMs.
FAQs
TimeSwap is a fully decentralized lending and borrowing protocol in the DeFi space that uses a three-variable AMM to enable fixed-maturity, oracle-less lending and borrowing.
- What sets TimeSwap apart from other lending and borrowing protocols in DeFi?
TimeSwap offers a better user experience with features such as fixed-maturity lending and oracle-less borrowing.
- How does TimeSwap’s AMM work?
Timeswap’s AMM works on the basis of 3 variables: Principal Pool (X), Interest Rate Pool (Y), and Collateral Factor Pool (Z). The interplay of these variables determines the interest rate and other lending and borrowing terms on the platform.
- Is TimeSwap live on mainnet?
Yes, TimeSwap has been live on Polygon mainnet since March 2022.
- Can I try out TimeSwap on testnet?
Yes, a testnet version of TimeSwap is currently available for users to try out.
- How does TimeSwap’s three-variable AMM compare to traditional AMMs?
TimeSwap’s AMM allows for more flexibility and control over lending and borrowing terms compared to traditional AMMs.
Please keep in mind that the information provided is based on what is available on TimeSwap Medium publication.
Discord:https://discord.gg/timeswap
