on yield
Integrated with Aave, Compound and Lido
What can you do
on Tempus?
Tempus is a protocol that lets you optimize your exposure to yield based on your risk profile.
Speculate on where yield will go in the short or longer term.
Deposit your yield bearing tokens for additional yield.
Lock in a fixed yield on your yield-bearing token.
Core Team
Angels & Advisors
David Garai
Đorđe Mijović
Lazar Mitić
Yuval Weiss
Pujeet Manot
Jorma Rebane
Daniele Damiani
Alex Beregszaszi
Jack Herrick
Angel investor
Thomas Bailey
Angel investor
Freddie Farmer
Angel investor
Richard Dai
Angel investor
David Choi
Angel investor
What is Tempus?
Tempus is a trustless and decentralized protocol that allows speculation on yield for profit, or optimizing your future yield based on your risk appetite. Tempus also functions as a yield aggregation tool that aims to deliver additional APY on yield bearing tokens (YBT).
How does Tempus work?
Tempus allows users to deposit various yield bearing tokens (YBT) such as stETH (Lido Staked ETH) or aDAI (Aave Interest Bearing Dai) into contracts with select maturities. For ease, users will also be allowed to deposit the Backing Token (BT) such as ETH for direct deposit onto another platform through Tempus.
Tempus then separates the YBT into a Principals and Yields and allows users to:
  1. Trade them against each other through an AMM - users can swap back and forth between Principals and Yields for a profit, sell all your Yields to hold only Principals for yield farming at a fixed rate, or play around with the Principals/Yields ratio to get an alternative exposure to the underlying yield
  2. Provide liquidity to earn additional yield.
How do I join the Tempus community?
You can join our Discord, follow us on Twitter or subscribe to our Medium.
What are yield bearing tokens (YBT)?
Yield bearing tokens (YBT) are derivatives that appreciate in value as a result of their participation in some form of yield farming. Some examples of YBT are aDai (Aave Interest Bearing Dai), XSushi (staked Sushi) or stETH (Lido staked ETH).
What are Principals?
Principals are split out of YBT together with the Yields. The Principal is a zero-coupon bond that is redeemable for face value on maturity.
What are Yields?
Yields are split out of YBT together with the Principals. The Yield is a zero-coupon bond that is redeemable for the amount of yield that accrues on each unit of Principals on maturity.
How are rates on Tempus determined?
The exchange rate (ratio of reserves on both sides) between the Principals and the Yields in each TempusAMM determines the market implied APY for each pool.
What are the fees for using Tempus?
Tempus does not charge any protocol fees. However, there are two kinds of fees that users pay. The first one is swap fees, all of which go to liquidity providers (LPs) who provide liquidity to each TempusAMM. The second one is gas fees you generally pay for using the Ethereum network.
What tokens are available on Tempus?
Tempus will first integrate with Lido, Aave and Compound, but we are always working on further integrations. Please join our Discord for updates.
Will new tokens be added in the future?
Yes, we will be monitoring demand for new integrations and will be introducing new pairs. Please join our Discord for updates.
Is Tempus audited?
Tempus is scheduled to undergo its first comprehensive four-week audit commencing in August 2021.
How can Tempus provide minimal counterparty risk?
Tempus does not use leverage in the traditional sense and doesn’t require the use of collateral - what happens is that users redistribute risk among each other by trading two derivatives (the Principals and the Yields) of the yield bearing token (YBT) against each other.
What are the risks associated with using Tempus?
Tempus is an early-stage, experimental protocol. There is no equivalent product in traditional financial markets - DYOR!
Divergence Ventures
Supernova Fund
LAUNCHub Ventures
Q3 2021
Q4 2021
Q1 2022
Seed Round Financing
Audit Readiness
Aave Integration
Ethereum Testnet Launch
First Audit
Series A Financing
Ethereum Mainnet Launch
Compound integration
Lido integration
Second Audit
Further Integrations
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