Tempus Token $TEMP Fair Launch Schedule
Tempus is a permissionless market for AMM-powered interest rate swaps. The project is excited to announce that the core native governance token of Tempus will launch through a Balancer LBP via Copper
DETAILS:
- Approximately 70M TEMP tokens available for sale
- Starting price of $0.51 per TEMP, declining gradually over the course of 48 hours
- Participate with USDC
- Early participants may be whitelisted to mint Tempus Sers NFTs
- The auction starts on Tuesday 16 November 17:00 UTC
Fair launch auctions are a specific configuration of Balancer’s Liquidity Bootstrapping Pools smart contract. These are a special type of liquidity pool that adjusts pool weights over time, meaning they can support an unbalanced ratio of tokens. In a fair launch auction, the price of the token starts high and drops based on a pre-configured curve that can be resisted by buying pressure from auction participants.
Tempus will be using an LBP to distribute approximately 7% of the total token supply of its governance token TEMP, in a pool, running from Tuesday 16 November to Thursday 18 November.
ABOUT TEMPUS
Tempus is an open-source protocol that allows users to optimize their existing exposure to variable yield to better match their risk profile.
RESOURCES
Medium
