[PRESS RELEASE – Hong Kong, Hong Kong, May 28th, 2024]
Time period Construction, a non-custodial fixed-income protocol that gives mounted charges, mounted phrases, and peer-to-peer borrowing and lending on Ethereum, is happy to announce important updates and upcoming options because it gears up for the upcoming Mainnet launch. These developments show Time period Construction’s dedication to revolutionizing liquidity and threat administration and introducing modern options in DeFi.
Fastened revenue refers to investments that pay returns on a set schedule, sometimes within the type of common curiosity funds. This gives traders predictable revenue streams. For instance, if a consumer spend money on a fixed-income token with a 5% annual yield, he’ll obtain a further 5% of the identical sort of token annually.
To allow customers to earn extra factors and staking rewards by looping their liquid staking tokens (LSTs) and liquid re-staking tokens (LRTs), the protocol will enable these tokens for use as collateral. Customers will quickly be capable to borrow them at their most popular charges and select from 5 to six mounted maturity dates. This integration is poised to make fixed-rate and fixed-term borrowing and lending extra accessible and versatile, catering to a broader vary of consumer wants in DeFi.
Moreover, Time period Construction will launch some extent system, incentivizing consumer engagement via lending and borrowing in Main Markets and shopping for and promoting tokens in Secondary Markets on the protocol. This level system will reward customers for his or her lively participation and contribution to the ecosystem, with different perks similar to bonus factors for referrals and early individuals.
As well as, Time period Construction has efficiently accomplished the trusted setup ceremony for zkTrue-up, its custom-made zero-knowledge-proof system, in collaboration with main audit companies similar to ABDK, HashCloak, and Bware Labs. The system’s safety is ensured as a result of all individuals have discarded the “poisonous waste,” which is information that might doubtlessly trick the system into accepting pretend proofs. This successfully prevents anybody from gaining management over zkTrue-up.
Because the anticipation for the Mainnet launch builds, these updates underline Time period Construction’s dedication to innovation and safety in DeFi. By constantly bettering its platform and interesting with its group, Time period Construction is ready to supply dependable fixed-returns options for the crypto group.
About Time period Construction
Time period Construction introduces a definite ZK Rollup answer democratizing fixed-rate and fixed-term borrowing and lending in addition to mounted revenue buying and selling by providing low transaction charges. Backed by Cumberland, HashKey Capital, Decima Fund, Longling Capital, and MZ Web3 Fund.
For extra info, customers can go to Time period Construction’s web site at https://ts.finance/ and observe Time period Construction’s social media updates:
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