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Author Topic: Speculation ? YES Meet Tempus The New Competitor to YFI  (Read 133 times)
Godofeth (OP)
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September 05, 2020, 07:31:16 AM
 #1

By the time you see this post, pre-sale is already over for Tempus Token but keep in mind you way way too early


                                                                       TEMPUS TOKEN                      


Telegram ---  https://t.me/tempustoken
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Tempus ($TEMP) is a deflationary staking game where early users are rewarded for time spent in the system. A Game where small fish have leverage over big whales.



                                                                  How it Works
Deflationary
Deflation occurs in two places: Firstly there is a 1% tax on all transfers. Second, every 6 hours 2% of the uniswap pool is drained. 50% of the drained tokens are burned, the remaining are rewarded to stakers.

Rewards
Rewards will be distributed using a time weight token metric we call Token Time. This was designed to reward users who join early and stay long term. Your share of the rewards is determined by how many tokens you have and how long you have been staking for. The Token Time formula: (number of tokens) x (time staked) = Token Time. Your token time is then used to determine your percent of the rewards.

Fair Reward System
Staked users will be rewarded based on the number of tokens they have and how long they have been staked for. This gives gives people with not a lot of tokens (fish) an advantage over people with a lot of tokens (whales). Being early in the game with few tokens is better than being late in the game with a lot of tokens.

The below table shows examples of how different token balances and different time staked effects the share of the rewards for each user. User A has 12% of the staked token supply, but due to how long they have been staked for they will be receiving 32% of the rewards.

                                                              What is the max supply of $TEMP
The max supply is 10 million tokens

4,320,000 tokens will be sold in the presale at a price of 21600 $TEMP per 1 $ETH, this will be a 30% discount to the listing price of 15950 $TEMP per 1 $ETH

Presale price: 21600 $TEMP / 1 $ETH
Uniswap price: 15950 $TEMP / 1 $ETH


The pre-sale funds raised along with 3,190,000 million tokens will be sent to uniswap as liquidity.
Our pre sale contract is based on $TEND's contract, once the hard cap is reached the addLiquidity() function will be callable, which will send the tokens and ETH to uniswap

Every 6 hours the burn function can be called which will distribute rewards and burn tokens.
48% of the withdrawn tokens will be rewarded to stakers based on their Token Time. 2% will be rewarded to the burn caller.
The remaining 50% will be burned. This isnt the only burn which occurs, all transfers are subject to a 1% tax which is burned.

there will be a 7% exit tax and there is no fixed time, users can leave whenever they want

Example of first burn:

Uniswap Supply:            3,190,000
Withdraw (2%):             63,800
Burn (50%):                  31,900
Pool Reward (48%):       30,624
Caller Reward (2%):       1,276


                       tokens              time                reward
User A              21,000            7 days                32%
User B              100,000          1 day                  22%
User C              50,000           4 days                 44%


   isn't this interesting ?

for more info join our Telegram ---  https://t.me/tempustoken
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website --  https://tempustoken.com/

discord --- https://discord.gg/gVNQN8
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LbtalkL
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September 05, 2020, 01:12:53 PM
 #2

Competitor to YFI ? I don't think so,  a lot of this new projects trying to copy YFI hoping to get same success but most of them is like a bubble. This defi technology has been messed up by copycat projects which is only pump and dump. I have notice several projects with a huge drop like $4000 to $1 in minutes. Just be careful on these new projects they don't offer something new they just copy existing project and DYOR always, dig more details most of them have anonymous or fake teams.
Oceat
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September 05, 2020, 04:25:54 PM
 #3

What's the difference between this altcoin and the rest of shitcoins anyway? I have seen a lot of projects before and it never surprise me these days since they almost have no difference at all. Pump and dump as a classic getaway everytime investors trying to join in and before you know it viola~ your investment is gone. That's why it's always recommended to DYOR and look at the legitimacy of the team building this project you will be surprise if you happen to find out something.

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ryzaadit
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September 06, 2020, 10:07:13 PM
 #4

Oh, come on.

Just a copy-cat who always offering a reward from stacking, nothing different with a lending platform on 2017. IMO with the recent scam case on cryptocurrency like YAM, Sushi, Hotdog, and Kimichi make people think twice for right now entering all project with "DeFi" word who always or just offering a staking reward.
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