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Timeleap Finance

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News

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Ramil Ventura Palafox, CEO of Praetorian Group International, pleaded guilty to wire fraud and money laundering in a Ponzi scheme that defrauded over 90,000 investors, resulting in losses of at least $62 million.

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ASIC Provides Regulatory Relief for Stablecoin Distribution

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ASIC has announced regulatory relief for stablecoin intermediaries, allowing distribution of stablecoins from licensed providers without separate financial services licenses.

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SafeMoon CEO Convicted, Raising Concerns Over DeFi Accountability

SafeMoon CEO Convicted, Raising Concerns Over DeFi Accountability

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Braden John Karony, CEO of SafeMoon, was convicted on fraud and money laundering charges, prompting increased scrutiny of token promoters in the U.S.

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What is Timeleap Finance?

Timeleap Finance — a farming revolution, powered by the Polygon platform, built for safe defi finance farming.

Contents:

Timeleap Finance

Description of Timeleap Finance

Timeleap — a farm with maximum supply and endless farming, but no additional layers. Usually the maximum supply would mean that token issuance and farming would stop. To ensure that farming continues even after all tokens have been minted, an automatic way to replenish the Masterchef (MC) contract was created - by buying TIME in the market and placing it in MC.

Distribution of awards:

1. 50% of the total purchased TIME is replenished by MasterChef and paid as a farm reward (the farm never ends even after reaching the maximum stock).
2. 50% of all TIME bought back is deposited in the treasury, which is set aside for future protocol use.

To participate, simply select your favorite farm and make a deposit, for example. Smart contracts handle all LP creation, cracking and compounding operations in the background! The team provides services to partners by automatically compiling partner dividend pools. So place your bets and earn even more TIME LP and get rewards. There are many benefits here to increase liquidity and further contribute to buyback.

10% of the Time, allocated for the pool rewards, will go to the developer's address.Timeleap Finance

These fees will be used for marketing, partnerships and future development. Once the maximum supply is reached, TIME will no longer be minted. Hence, TIME will not go to the developer's address either.

More about the staking decentralized app

An introductory document is available on the site. With its help, each participant can study the features of the project. The site operates on the Polygon (Matic) blockchain RoadMap marks updates until 2022.

If you want to stay up to date with all innovations, subscribe to the community on these social networks:

You can verify the integrity of the crypto platform and check the audit of the smart contract here.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.