.timechainapp $TCS launches yieldfarming on high-performance DEX TimechainSwap and launches new liquidity programs TimeChain
Namely, with the new update released, TimechainSwap DEX will support an Automated Market Maker , liquidity pools, yield farming and staking functionality.
The launch of liquidity pools also changes the fee structure of TimechainSwap. Now, each trade will be charged with a 0.3% fee, with 0.2% returned to liquidity providers and 0.1% transferred to Timechain's TCS Buyback program. As on other top-tier DeFi protocols, users can earn fees from providing their liquidity to TimechainSwap. Rewards will be distributed equally to the user's share in the whole liquidity pool; rewards earned can be redeemed immediately.Since the launch, five pools will be available for all traders: TCS/FTM, TCS/USDC, TCS/DAI, FTM/USDC and FTM/DAI. Initially, the yield farming program will be supported with a 20,000 TCS bonus; APY-boost initiatives are also on the menu.
Holders of TCS, a platform's native token, has one more opportunity to earn. They can stake TCS in a single-token liquidity pool SSP and earn TCS rewards periodically. Timechain is a unique Web3 platform regulated by Canadian monetary authorities. It is also among a small cohort of crypto services with valid Money Services Business licenses.
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