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Chrono.tech generates profits from business activities throughout its ecosystem of products and services. A proportion of these profits will be used to buy TIME tokens from the open market, which will be stored in a dedicated wallet: the Time Fund. At regular intervals (currently once a week) these TIME tokens will be distributed between users who have staked their TIME tokens in the TimeWarp smart contract.
Example Alice has 100 $TIME, which she locks in the TimeWarp smart contract with no restrictions on withdrawals (zero days lockup). Her share of rewards will be subject to the 1x coefficient (100x1 = 100). Bob has 150 $TIME, which he locks in the TimeWarp smart contract for 730 days. His share of rewards is subject to the 2x multiple (150x2 = 300). Bob will therefore receive three times the rewards that Alice does.
Ethereum Network - TIME Pool - TIME-ETH LP Uni Pool
There are currently two staking pools available on the Ethereum Network, TIME pool, which allows users to stake TIME directly and a TIME-ETH LP token pool, which allows users to stake TIME-ETH LP token one receives for providing liquidity in the TIME/ETH market on Uniswap.
Binance Smart Chain - TIME Pool - TIME-BNB LP Pancake Pool - TIME-CGU Pool
There are currently two staking pools available on the Binance Smart Chain, TIME pool, which allows users to stake TIME directly and a TIME-BNB LP token pool, which allows users to stake TIME-BNB LP token one receives for providing liquidity in the TIME/BNB market on Pancake. Polygon Network - TIME Pool - TIME-WETH Pool There are currently 1 staking pools available on the Polygon Network, TIME pool, which allows users to stake TIME directly.
There are no platform fees on TimeWarp. However, user need to pay dynamically changing fee to cover gas costs for staking and withdraw.
Deposit fee: gas cost + 0.1% additional fee This fee serves as a mechanism to encourage early stakers. Users who will lock TIME earlier than others will get higher bonuses. This 0.1% fee will be distributed among those who have already deposited their tokens. Withdraw fee: 0%, only gas cost Harvest fee: 0%, only gas cost Compound fee: 0%, only gas cost
Users who stake their TIME in the TimeWarp smart contract earn weekly rewards based on several different factors, meaning their Annual Percentage Yield (APY) is variable rather than fixed. Relevant factors include:
- The amount of revenues generated by Chrono.tech each week
- The value of the TIME token at the point the buybacks occur
- The amount of time users commit to locking their TIME
- Whether users choose to withdraw or compound their rewards.
Because the APY changes dynamically with these factors, it is not possible to guarantee (or even estimate) a simple yield when tokens are staked.