Tempus is a fixed-income protocol on Ethereum and Fantom that integrates with lending protocols, staking protocols, and yield aggregators, and lets users fix or speculate on the yield generated by them.

What are the use cases of Tempus?

• Users can fix the future yield using any supported Yield Bearing Token (such as stETH, aUSDC, and yvDAI).
• Users can speculate on the rate of future yield of any supported Yield Bearing Token.
• Users can provide liquidity on any supported yield-bearing token pool and earn trading fees on top of the existing variable yield on the Yield Bearing Token.

How does Tempus provide efficient fixed-yields?

Tempus provides efficient fixed-yields on various yield-bearing tokens (YBT) on both the Ethereum and Fantom networks. The TempusAMM allows users to deposit their YBT into a smart contract, locking in a fixed rate with selected maturity dates. This eliminates the need to worry about falling interest rates and returns on your assets. 

What is the role of the $TEMP token?

The $TEMP token allows the community to propose and vote on key changes in relation to the Tempus protocol. 

Tempus is building the most important blocks of DeFi and Web3 in a way thats scalable and accessible to all.

Tempus is a London-based DeFi protocol founded by David Garai, a Hungarian entrepreneur and finance professional. Before founding Tempus in April 2021, he worked in corporate finance for Linklaters and served as Head of Operations at Interlay, a Bitcoin-focused DeFi protocol. Mr Garai is supported by CTO Đorđe Mijović, a Serbian software engineer with nine years of professional experience in computer vision, web applications, and compilers.

The 22-person strong team at Tempus has already raised more than $6 million in funding from investors like Lemniscap, Jump Capital, Distributed Global, GSR, Wintermute, Tomahawk.VC and others.

TEMP is the protocols native governance token that returns a share of network fees to its stakers. TEMP holders govern the protocol and can adjust protocol-level fees and propose changes by bringing forward governance proposals. Furthermore, holders can also vote on how the Tempus treasury spends its funds.

The total supply of TEMP is 1 billion according to the following token distribution:

• Community (52%): 250 million TEMP going to liquidity mining and community incentives, 200 million TEMP to the treasury, 70 million TEMP to the public token sale.
• Team (26%): according to a 36-month vesting schedule.
• Investors and Advisors (22%): according to a 30-month vesting schedule.

Tempus is built on Ethereum, one of the most popular blockchains and the go-to solution for many decentralized applications. Its proof-of-work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

Although TEMP has declined significantly from its launch price of $0.51, the project puts forward a legitimate use case and attempts to add value to the decentralized finance space. Macro conditions permitting, TEMP could see its token price appreciate to $1 at some point in the future.

TEMP is available on UniSwap(V3) and Balancer (V2).

If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.