Timechain launches liquidity pools and agriculture on its DEX: details

Vladislav Sopova

Timechain, an Aggregator of Decentralized Exchanges on Binance Smart Chain, Fantom and Ethereum, Unveils New Liquidity Programs


Timechain upgrades its DEX TimechainSwapHere’s How To Use TCS In Regulated DeFi

Timechain, a leading cross-chain aggregator of decentralized exchange instruments, announced the upgrade of its proprietary DEX platform and the launch of staking pools. They will work with the most popular cryptocurrencies of all aggregated blockchains.

Timechain upgrades its DEX TimechainSwap

According to the official announcement shared by Timechain platform, known as a powerful aggregator for Ethereum, Binance Smart Chain and Fantom, its proprietary DEX, TimechainSwap, is going live with expanded functionality.

Namely, with the new update that has been released, TimechainSwap DEX supports an Automated Market Maker (AMM), liquidity pools, yield farming and staking functionality.

The launch of liquidity pools also changes TimechainSwap’s fee structure. Now, a fee of 0.3% is charged for each trade, with 0.2% being returned to liquidity providers and 0.1% being transferred to Timechain’s TCS Buyback program.

As with other high-end DeFi protocols, users can earn fees by providing their liquidity to TimechainSwap. Rewards are distributed equally among the user’s share of the entire liquidity pool; earned rewards can be redeemed instantly.

Here’s How To Use TCS In Regulated DeFi

Since launch, five pools are available to all traders: TCS/FTM, TCS/USDC, TCS/DAI, FTM/USDC and FTM/DAI. Initially, the yield farming program will be supported with a bonus of 20,000 TCS; APY boost initiatives are also on the menu.

Holders of TCS, a platform’s native token, have one more chance to earn. They can wager TCS in a single-token liquidity pool SSP and earn TCS rewards periodically.

Timechain is a unique Web3 platform regulated by Canadian monetary authorities. It also belongs to a small cohort of crypto services with valid Money Services Business (MSB) licenses.

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