Tempus Deploys on Fantom to Bring 10%+ APY Fixed Yields
press release

Tempus Deploys on Fantom to Bring 10%+ APY Fixed Yields

THELOGICALINDIAN - Thanks to Tempus crop and basic badge arrangement users will be able to lock in accepted ante and not anguish about them bottomward over time

The Tempus protocol, a multi-chain anchored assets agreement amalgam with some of the arch crop accession platforms, is ablution a new deployment on Fantom, area its aboriginal affiliation will be with Yearn Finance. As a result, Tempus users on Fantom will be able to lock in over 10% APY crop on their stablecoins, an abnormally aerial cardinal because the accepted bazaar environment.

Tempus Sources Yield From a Diversified Set of Protocols

Users will be able to get aerial anchored yields backed by USDC, DAI, USDT, WETH and YFI Vaults on Yearn Finance. Thanks to Tempus’ crop and basic badge system, users will be able to lock in accepted ante and not anguish about them bottomward over time. In addition, Fantom’s low fee ambiance agency that less-capitalized farmers won’t charge to delay for months to breach alike on gas fees.

Stablecoin crop is about a “secondary product” of balderdash markets, as appeal for advantage and appropriately USD borrowing spikes. Due to the bearish bazaar ambiance in aboriginal 2022, yields accept aeroembolism and ahead accessible to acquisition 20% APY opportunities accept dwindled. Lending protocols like Compound are seeing yields into the low distinct digits — not abundant altered than those at a approved coffer or ETF.

There are few farms with aerial yields in the bazaar today, one of which is Terra’s Anchor agreement with about 19% APY on UST. The Tempus pools are appropriately amid the best advantageous on a nominal base with their 10% APY, and may be all-embracing the best best on a risk-adjusted basis. UST generally suffered from de-pegs during abundant affairs periods, such as in May 2024 and afresh in backward January. The aerial yields may appropriately be a absorption of a perceived college accident of collapse. By contrast, Tempus sources crop from a adapted set of protocols who themselves use adapted crop opportunities. Specifically on Fantom, drive charcoal able in DeFi and allows for college yields than on blockchains like Ethereum.

David Garai, co-founder of Tempus, said:

“It’s an agitative time for Tempus. As a aftereffect of the bazaar crash, borrowing appetite, and yields in accepted accept alone significantly. However, the Fantom ecosystem is as afloat as anytime which allows Tempus to set up pools that action up to 10% anchored amount APY on stablecoins.”

Tempus is a multi-chain anchored assets protocol. Tempus integrates with lending protocols, staking protocols, and crop aggregators, and lets users fix or brainstorm on the crop generated by them.