# Overview ![](/files/-M_SDGFPAiM6r0wbXaoG) ## **About TimeWarp** TimeWarp is a DeFi staking program for [TIME](https://coinmarketcap.com/currencies/chrono-tech/), the native token of the [Chrono.tech ecosystem](https://chrono.tech/ecosystem). By locking [TIME](https://coinmarketcap.com/currencies/chrono-tech/) token in the TimeWarp smart contract, it will generate regular staking rewards. ## **TimeWarp Mechanism** [Chrono.tech](https://chrono.tech/) generates profits from business activities throughout its [ecosystem](https://chrono.tech/ecosystem) of products and services. A proportion of these profits will be used to buy [TIME](https://coinmarketcap.com/currencies/chrono-tech/) 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](https://coinmarketcap.com/currencies/chrono-tech/) tokens will be distributed between users who have staked their [TIME](https://coinmarketcap.com/currencies/chrono-tech/) tokens in the TimeWarp smart contract. ## Benefits for TIME holders * Weekly staking rewards. [TIME](https://coinmarketcap.com/currencies/chrono-tech/) will be purchased from the open market using revenues generated by [Chrono.tech ecosystem](https://chrono.tech/ecosystem) projects and distributed to stakers. * Potential increase in the value of [TIME](https://coinmarketcap.com/currencies/chrono-tech/) token due to the additional demand on the open market. * Attractive benefits in [Chrono.tech services](https://chrono.tech/ecosystem), including [Premium](https://laborx.com/premium) Account status and Job mining for [LaborX](https://laborx.com/) users. # Staking FAQ Frequently Asked Questions ## **How does TimeWarp work?** [Chrono.tech](https://chrono.tech/) generates profits from business activities throughout its [ecosystem](https://chrono.tech/ecosystem) of products and services. A proportion of these profits will be used to buy [TIME](https://coinmarketcap.com/currencies/chrono-tech/) 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](https://coinmarketcap.com/currencies/chrono-tech/) tokens will be distributed between users who have staked their [TIME](https://coinmarketcap.com/currencies/chrono-tech/) tokens in the TimeWarp smart contract. ## **How to start staking?** To start staking, install the [MetaMask.io](https://MetaMask.io) wallet browser extension for Google Chrome. (Apple's Safari browser for instance does not support interacting with DeFi applications at this point. And there are a few tutorials on YouTube about how to use MetaMask.) Once set up, send [TIME](https://coinmarketcap.com/currencies/chrono-tech/) and some ETH (to pay for transaction fees) to the displayed MetaMask wallet address. Now go to the [TimeWarp pools](https://timewarp.finance/pools) site and MetaMask should either automatically ask you to connect and unlock your wallet or, if it doesn't, click on **Connect wallet** on the top right of the screen. When you have your wallet connected, decide which pool you want to stake TIME in, open the **Staking** drop down menu and click **Deposit**. Choose the amount of TIME and the period you want to stake (Longer periods offer greater staking rewards) and click **Approve**. Your MetaMask wallet should now ask for a confirmation to approve that deposit. Confirm it and once the transactions has been mined, **repeat the process,** same amount and period and this time click **Deposit**. Confirm in MetaMask, wait for the transaction to be confirmed and done. Your TIME are now staked and will generate weekly staking rewards. ## Which staking pools are available? There are currently two staking pools available on the Ethereum network, a TIME pool, which allows users to stake TIME directly and a TIME-ETH pool, which allows users to stake the LP-TIME-ETH token one receives for providing liquidity in the [TIME/ETH market on Uniswap](https://v2.info.uniswap.org/pair/0x1d474d4b4a62b0ad0c819841eb2c74d1c5050524). Both pools share the same rewards which are distributed according to the total amount of TIME staked in each. Example: There are a total of 30 TIME staked, of which 20 TIME are staked in the TIME pool and 10 LP-TIME-ETH staked in the TIME-ETH pool. Therefore 2/3 of the staking rewards will be distributed within the TIME pool and 1/3 within the TIME-ETH pool. There are also another two staking pools available on the Binance Smart Chain network which essentially have the same characteristics as their respective Ethereum pools. ## **Is it possible to stake TIME from TimeX exchange or LaborX?** No, TimeWarp is designed to be a standalone, self-custodial DeFi yield farming application. TIME held on TimeX or LaborX need to be transferred to a self-hosted wallet capable of interacting with decentralized applications (We recommend using [MetaMask](https://metamask.io)). TIME staked on TimeWarp will count towards a user's [Premium](https://laborx.com/premium) account status on LaborX. P.S: **Definitely check out** [LaborX.com](https://laborx.com), our decentralized Jobs platform built upon a smart contracts architecture. LaborX features MetaMask login, too. ## **Will there be a minimum amount to be staked?** No, there is no minimum amount of [TIME](https://coinmarketcap.com/currencies/chrono-tech/) needed to be staked. ## **Will TIME be moved to a smart contract upon staking?** Yes, when a user chooses to stake [TIME](https://coinmarketcap.com/currencies/chrono-tech/), a transaction will be made to the TimeWarp smart contract and TIME will be locked there. Those TIME will remain on that contract, linked to the deposit address, as long as the user does not choose to un-stake. Then TIME will be sent back to the user's deposit wallet. ## **When TIME is staked for a certain period, is there a possibility to un-stake early?** Upon staking [TIME](https://coinmarketcap.com/currencies/chrono-tech/), a user chooses the staking period, minimum one hour and maximum two years, before which a user will not be able to un-stake the TIME. We have opted for the one hour minimum staking period for security reasons. If this would not be implemented, TimeWarp could become the target of flash loan attackers. ## **If Ethereum upgrades, or generally if a new staking contract is needed, how will it be done?** In case there will be a new staking contract needed, all staked TIME will be released and users can immediately reclaim control of their TIME. Then, once the new TimeWarp staking contract is set up, users may get back to staking their token from there. ## **What does the APY depend on and where can I find statistics?** The APY for staking TIME depends entirely on the amount of revenues generated by the [Chrono.tech ecosystem](https://chrono.tech/ecosystem). Statistics regarding the revenues generated from products in the Chrono.tech ecosystem can be found across the TimeWarp website dashboards**.** Note that the APY calculator on the TimeWarp site also takes into account the change of price per TIME. ## **Is KYC needed to use TimeWarp?** No, TimeWarp does not require KYC and can be used entirely self-custodial, just like most other DeFi applications. ## **What does 'Harvest' and 'Compound' mean in the context of TimeWarp staking pools?** **Harvest** means that all currently acquired staking rewards will be withdrawn to the user’s wallet. **Compound** means adding the currently acquired staking rewards to the total amount of TIME already staked from that wallet. Example: If a user locks 100 TIME and those generate 15 more TIME, choosing **Harvest** means 15 TIME will be withdrawn to the user’s wallet and 100 TIME will remain staked. If the user chooses **Compound** instead, the total amount staked will be increased to 115 TIME, while no staking rewards will be withdrawn to the user’s wallet. ## **How often will the acquired staking reward numbers be updated?** Currently, staking rewards are set to be distributed and thus updated once a week. ## **Could staking become available through other DeFi platforms or exchanges?** This is possible. If you are a project manager looking to offer TIME staking through your platform, please contact us ## What is Chrono.tech? [Chrono.tech](https://chrono.tech/) provides blockchain-based solutions for recruitment, HR and payments processes, reducing the barriers to accessing work and transferring funds securely in the global labour marketplace. Founded in 2016, [Chrono.tech](https://chrono.tech/) has offices in Sydney, Australia, but has employees around the world. The company’s suite of services is hosted on the Ethereum blockchain, and includes [LaborX](https://laborx.com/), a peer-to-peer freelancer marketplace; [TimeX](https://timex.io/), a Plasma-based cryptocurrency exchange; [AUDT](https://audt.to/), an Australian dollar-backed stablecoin; and [PaymentX](https://paymentx.io/), a crypto invoicing and payroll solution. ## How many TIME tokens are there? There are a total of 710,113 [TIME](https://coinmarketcap.com/currencies/chrono-tech/) tokens – far less than the supply of tokens for most other major blockchain platforms. ## Where can I buy TIME? Time can be bought on [TimeX](https://timex.io/buy-time), [KuCoin](https://trade.kucoin.com/TIME-BTC), [Uniswap](https://info.uniswap.org/token/0x485d17a6f1b8780392d53d64751824253011a260) and [Pancakeswap](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x3b198e26e473b8fab2085b37978e36c9de5d7f68\&outputCurrency=WBNB\&use=V2). ## How can I store TIME? [ERC20-TIME](https://etherscan.io/token/0x485d17A6f1B8780392d53D64751824253011A260) can be held in any regular Ethereum wallet. [MetaMask](https://MetaMask.io) can be used to connect to the Ethereum blockchain - and also works with TimeWarp - making this is a popular option for many users. [BEP20-TIME](https://bscscan.com/token/0x3b198e26e473b8fab2085b37978e36c9de5d7f68) can also be stored on MetaMask after [connecting it to the Binance Smart Chain network.](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain) # TIME Token ## TIME Token [TIME](https://coinmarketcap.com/currencies/chrono-tech/) is the native token of the [Chrono.tech ecosystem](https://chrono.tech/ecosystem), and can be used to secure discounts and other benefits throughout the company’s suite of blockchain products and services. TIME was launched in 2017 as an Ethereum ERC20 token with a total supply of **710,113 TIME**. In June 2021, support for Binance Smart Chain (BSC) was added, with the launch of a BSC version of TIME and a trustless bridge between the two blockchains. Since September 2021 TIME is also avaliable on Polygon. The total supply remained the same. TIME can be bought on [TimeX](https://timex.io/buy-time), [KuCoin](https://trade.kucoin.com/TIME-BTC), [Uniswa](https://info.uniswap.org/token/0x485d17a6f1b8780392d53d64751824253011a260), [Pancakeswap](https://exchange.pancakeswap.finance/#/swap?inputCurrency=BNB\&outputCurrency=0x3b198e26E473b8faB2085b37978e36c9DE5D7f68) and [QuickSwap](https://quickswap.exchange/#/swap?outputCurrency=0xb970Bc1BD4fCD639c37aa8eFD6713eaDc577252f\&inputCurrency=MATIC). TimeWarp offers staking and liquidity pools for all three available blockchain ecosystems. ## **TIME Utility** TIME can be staked in the [TimeWarp](https://timewarp.finance/) programme, earning regular rewards in proportion to the number of tokens locked in the smart contract and the length of time users commit to staking them. TIME distributed as rewards are purchased using a percentage of the revenues from Chrono.tech’s services, meaning there is constant demand for the token on the open market. Additionally, users can access [Premium Account](https://laborx.com/premium) status on LaborX by staking TIME in TimeWarp. The larger the user’s stake, the higher Premium tier they receive. Premium users earn fee rebates and cashback through Job Mining, and enjoy several other attractive benefits. ## Resources * [CoinMarketCap](https://coinmarketcap.com/currencies/chrono-tech/) * [Ethereum Token Address](https://etherscan.io/token/0x485d17A6f1B8780392d53D64751824253011A260) * [BSC Token Address](https://bscscan.com/token/0x3b198e26e473b8fab2085b37978e36c9de5d7f68) * [Polygon Token Address](https://polygonscan.com/token/0xb970Bc1BD4fCD639c37aa8eFD6713eaDc577252f) * [ETH-BSC-Polygon Bridge](https://timebridge.org) * [Chrono.Tech](http://chrono.tech/) # TimeWarp App ## **TimeWarp Mechanism** [Chrono.tech](https://chrono.tech/) generates profits from business activities throughout its [ecosystem](https://chrono.tech/ecosystem) of products and services. A proportion of these profits will be used to buy [TIME](https://coinmarketcap.com/currencies/chrono-tech/) 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](https://coinmarketcap.com/currencies/chrono-tech/) tokens will be distributed between users who have staked their [TIME](https://coinmarketcap.com/currencies/chrono-tech/) tokens in the TimeWarp smart contract. ## TIME locking mechanism To motivate users to hold [TIME](https://coinmarketcap.com/currencies/chrono-tech/), a token locking schedule will be implemented. The longer users commit to locking their tokens, the higher the reward multiplier for each locked [TIME](https://coinmarketcap.com/currencies/chrono-tech/) token. | Token lock time | Reward multiple | | ------------------ | --------------- | | 1 hour | x1 | | 30 days | x1.2 | | 180 days | x1.3 | | 365 days (1 year) | x1.5 | | 730 days (2 years) | x2 | *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.* ## Staking Pools **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](https://v2.info.uniswap.org/pair/0x1d474d4b4a62b0ad0c819841eb2c74d1c5050524). **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](https://exchange.pancakeswap.finance/#/swap?inputCurrency=BNB\&outputCurrency=0x3b198e26E473b8faB2085b37978e36c9DE5D7f68).\ \ **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. ## Fees 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 ## **APY** 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.
# Chrono.tech Ecosystem Chrono.tech ecosystem consists of a suite of blockchain products and services. A proportion of the revenues generated by these will be used to buy back TIME and distribute it to users who stake th ## About [Chrono.tech](https://chrono.tech) was founded in 2016 with the aim of making short-term employment opportunities as easy to access as any other online service. The company provides blockchain-based solutions for recruitment, HR and payments processes, reducing the barriers to accessing work and transferring funds securely in the global labour marketplace. ## **Products** [LaborX](https://laborx.com/) - blockchain-based freelance jobs platform with digital work agreements and cryptocurrency payments. [TimeX](https://timex.io/) - Plasma-based hybrid cryptocurrency exchange, combining the speed and privacy of a centralised system with the security and transparency of a decentralised solution. [PaymentX](https://paymentx.io/) - cryptocurrency payroll solution to automate businesses’ crypto payments for employees and contractors. [AUDT](https://audt.to/) - compliant stablecoin backed by AUD reserves. ## **TimeWarp and LaborX Premium accounts** Users who stake their TIME tokens in the TimeWarp smart contract will automatically receive [Premium Account status](https://laborx.com/premium) on LaborX. The more tokens staked, and the longer users commit to staking them, the higher their Premium tier. Premium users enjoy a series of attractive benefits on LaborX, including Job Mining rewards (rebates on fees and bonuses for Freelancers and Customers respectively, paid in TIME tokens), increased referral bonuses, reduced dispute resolution fees, and highlighting in the search results.
# Smart Contract ## Resources * [GitHub](https://github.com/Chrono-Tech/timewarp-sc) * [Ethereum Contract Address](https://etherscan.io/address/0xa106dd3bc6c42b3f28616ffab615c7d494eb629d) * [BSC Contract Address](https://bscscan.com/token/0x3b198e26e473b8fab2085b37978e36c9de5d7f68) * [Polygon Contract Address](https://polygonscan.com/address/0xD9286F3211B00232c0d782F382507929738d131e) # How to buy TIME TIME can be purchased on a number of centralized and decentralized cryptocurrency exchanges such as [TimeX](https://timex.io), [KuCoin](https://kucoin.com), [Uniswap](https://uniswap.org), [PancakeSwap](https://pancakeswap.finance/swap?outputCurrency=0x3b198e26E473b8faB2085b37978e36c9DE5D7f68) and [QuickSwap](https://quickswap.exchange/#/swap?outputCurrency=0xb970Bc1BD4fCD639c37aa8eFD6713eaDc577252f\&inputCurrency=MATIC). We recommend using [TimeX exchange](https://timex.io), developed by Chrono.tech. If you don't have an account on TimeX yet, sign up, log in, click the '**Balances**' tab in the top right of the page and, if you already have Bitcoin or Ethereum, deposit them to your account. If you don't have any BTC or ETH yet, go to [Deposit USD](https://timex.io/private/manage-balance/deposit?currency=USD) in your TimeX account and follow the instructions to top up your account using a credit card or bank transfer. Once you have BTC or ETH, you can use it to trade TIME on the [TIME/BTC](https://timex.io/private/trading/TIMEBTC) and [TIME/ETH](https://timex.io/private/trading/TIMEETH) market. If you have USD on your account, remember to trade it for BTC or ETH first. Full list of exchanges: # How to provide liquidity for TIME on Uniswap [Uniswap](https://uniswap.org) is a decentralized exchange protocol that let's anyone swap ETH or any ERC-token for another without relying on a centralized entity. Liquidity providers can earn trading fees for locking their tokens in a pool. To start, visit [Uniswap.org](https://uniswap.org) in your browser and [click launch App](https://app.uniswap.org/#/swap). Click '**Connect to a wallet'** in the upper right side of the window, choose your preferred wallet application (We use Metamask in this example) and confirm the operation displayed. ![](/files/-Mb_wpgWkdLfivYIeuLG) Now Click '**Pool'** and '**Add V2 Liquidity'.** (Make sure that you are using [Uniswap v2](https://app.uniswap.org/#/pool/v2))**.** ![](/files/-Mb_yTEhXMwUuiGYSWiz) Now choose for which pair you want to provide liquidity, in our case it’s the [TIME-ETH](https://app.uniswap.org/#/add/v2/ETH/0x485d17A6f1B8780392d53D64751824253011A260) pair. To choose TIME, paste the token contract address in the search field: **0x485d17A6f1B8780392d53D64751824253011A260** Choose how much token you want to lock to act as liquidity, click '**Approve TIME'** and confirm the transaction in your MetaMask wallet. *Note that you will always need the same dollar-amount of TIME token and ETH at the time of deposit*. Now that you have approved the amount of TIME and ETH to be added to the pool, **repeat the process** in the Uniswap interface with the same amount but this time click '**Supply'**. Confirm the transaction in your MetaMask wallet and once mined, your token will be added to act as liquidity and generate rewards in form of trading fees. # Bridge: How to swap ERC-TIME to BEP-TIME and back Users can now swap their ERC-TIME to BEP-TIME and vice versa using Chrono.tech's own [Tokenbridge](https://timebridge.org). **Note that the maximum supply of TIME across both networks remains capped at only 710,112 TIME**. Chrono.tech has recently introduced a [TIME token on Binance Smart Chain](https://bscscan.com/token/0x3b198e26e473b8fab2085b37978e36c9de5d7f68), in addition to the already existing [TIME token on Ethereum Network](https://etherscan.io/token/0x485d17A6f1B8780392d53D64751824253011A260#balances). This opens our ecosystem to a huge new community of crypto enthusiasts while also allowing for a much lower cost in transaction fees for token transfers and/or staking transactions, due to Binance Smart Chain usually being less congested than the Ethereum network. To swap your TIME to Binance Smart Chain or back to Ethereum Network, please visit [TimeBridge.org](https://timebridge.org) and connect your wallet by clicking on the **Connect Wallet** on the top right of the screen and follow the instructions given by your wallet application. Once connected, you can choose the direction in which you want to transfer TIME between the Ethereum or BSC network using the **⇄** symbol in the middle of the page**.** ![](/files/-McBm6JtWKLTdxzt1dD9) Submit the amount of TIME to be transferred to the other blockchain network and click **Swap** in the center of the page. A window will pop up in your wallet application to confirm the transaction; do so and the transaction should appear in the **Pending Transactions** below the Swap button. ![](/files/-McBikDCM5Q-ZyCodlK0) Once the transaction has been confirmed (*usually 12-15 block confirmations, depending on the network*), you can claim your tokens by clicking the **Claim** button in the **Pending transactions** section, which should automatically lead to your MetaMask wallet asking for confirmation to switch the blockchain network. Switch the network (see information on how to switch your MetaMask between Ethereum and Binance Smart Chain [here](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain)), click the **Claim** button again and confirm the transaction in your wallet application. Congratulations, you have now successfully swapped your tokens between the Ethereum and Binance Smart Chain network! # How to get Premium status on LaborX LaborX is a blockchain jobs freelance platform, developed by Chrono.tech Users’ Premium status is determined by the amount of TIME they lock in TimeWarp. [LaborX Premium](https://laborx.com/premium) account status includes many benefits for users and can be obtained by having at least 10 TIME staked in any TimeWarp.finance pool. ### Adding MetaMask to LaborX To add an active stake to count towards your LaborX Premium, go to the **Settings** section of your [LaborX](https://laborX.com) account and choose [Wallets](https://laborx.com/settings/wallets). Click **Add Wallet** and choose **MetaMask -** this should also be the one connected to your TimeWarp deposit. ![](/files/-Mcex-i9Kv4jOJScd-kn) Follow the instructions given by your MetaMask browser extension and allow your TimeWarp staking wallet to connect to the LaborX site, when asked for. Then, give the wallet a name that it should be referred to in your LaborX account, and click **Add Wallet**. ![](/files/-MceyVL4mBNZOV_xSWMz) Congratulations, you have successfully connected your TimeWarp staking wallet to your LaborX account. Now stake your TIME tokens and get Premium status. *Note that the wallet does **not** need to be selected as default wallet in order for it to count towards your Premium account status.* # Team TimeWarp was created by [Chrono.tech](https://chrono.tech), a leading blockchain company based in Sydney. Chrono.tech was founded in 2016 by entrepreneur Sergei Sergienko with the mission of using blockchain technology to revolutionise recruitment and HR processes, making it easier than ever before for anyone to connect with work opportunities, no matter where they are in the world, and get paid with cryptocurrency. Chrono.tech currently has a team of over 30 experienced professionals, located in Australia and dispersed around the world. # Socials Interested in being a part of Chrono.tech's global community? You came to the right place! List of official communication channels: Twitter: \ Blog: \ Discord: \ Telegram Community Chat: \ Telegram Announcements: \ Facebook: \ LinkedIn: \ YouTube: