Introduction
An open letter to all yield farmers out there.
We're yield farmers, just like you, and we were always in search of greener pastures where we can earn high APYs in a safe and sustainable yield farms.
Let's be honest, there's a lot to love about Polygon chain:
- Low gas fees
- Faster transaction processing speeds
- Variety of yield farms launching
Times were good, farmers got good yields, discussed about impermanent loss, yield optimizers, and discussed price stability through mechanisms such as locked staking.
In June 2021, there were two main catalysts that inspired us to make Polygon great again:
- 1.The complete collapse of the TITAN token and Iron Finance, or what was described by their dev team as "the world’s first large-scale crypto bank run". Read the news and an excellent interpretation of what exactly happened.
- 2.The PolyGold rugpull: The yield farming platform had experienced tremendous growth in total value locked, but its contracts were suddenly changed to reduce the minting of Polygold and dividends to zero, and Timelock period to two hours. Its lead developer had proclaimed "it's over".
Then it dawned upon us, why don't we create something that we can finally trust? Something that keeps inflation at bay, something that we can retire into.
Timeleap Finance is a Farm Revolution on Polygon that’s built by yield farmers, for yield farmers.
We’ve been challenging the concept and standards of typical yield farms since we launched in late July 2021. Currently, we have 3 key features that differentiate us:
With the end of Oct 2021, Phase 1 of Timeleap’s DeFi infrastructural features have been completed. We’ve achieved our initial goal of building an L1 farm that never stops farming even with a fixed max supply. All done through Buyback-and-Make, a never-before-seen innovation in the yield farming space.
Our next phase (and our roadmap ahead) is focused on Timeleap Industries - an action RPG metaverse that allows for social and competitive gaming, empowers gamers with assets that have real value, and provides a sustainable, play-to-earn experience.
Last modified 1yr ago