Time-bound token infrastructure https://hourglass.com/ https://twitter.com/hourglasshq
Announcing Hourglass Launch & $4.2M Seed Funding
Hourglass is thrilled to announce the first-ever marketplace for trading Time-Bound Tokens (TBTs). TBTs are a growing class of tokens that represent staked assets in DeFi protocols that are committed for a period of time. From Lido’s withdrawal queue to Frax’s $200m+ of locked liquidity, TBTs are expanding faster than ever as protocols seek long term liquidity. Starting today, Hourglass will support everything from the trading of locked frxETH to early exits from Lido’s withdrawal queue. Hour...
Announcing Hourglass Launch & $4.2M Seed Funding
Hourglass is thrilled to announce the first-ever marketplace for trading Time-Bound Tokens (TBTs). TBTs are a growing class of tokens that represent staked assets in DeFi protocols that are committed for a period of time. From Lido’s withdrawal queue to Frax’s $200m+ of locked liquidity, TBTs are expanding faster than ever as protocols seek long term liquidity. Starting today, Hourglass will support everything from the trading of locked frxETH to early exits from Lido’s withdrawal queue. Hour...
Pitch becomes Hourglass, the Time Layer of Crypto
TL;DR: Pitch is expanding its scope and mission from exclusively supporting time-bounded governance tokens to encompassing time-bounded tokens of all forms. Today, countless protocols, from Curve to Balancer, incentivize loyal governance with ve-style systems. This paradigm should be elaborated to incentivize loyalty at the protocol’s core: liquidity. Pitch’s expanded mission to support time-locked liquidity will be reflected in its new name, Hourglass. If you’re interested in trying it out, ...
Pitch becomes Hourglass, the Time Layer of Crypto
TL;DR: Pitch is expanding its scope and mission from exclusively supporting time-bounded governance tokens to encompassing time-bounded tokens of all forms. Today, countless protocols, from Curve to Balancer, incentivize loyal governance with ve-style systems. This paradigm should be elaborated to incentivize loyalty at the protocol’s core: liquidity. Pitch’s expanded mission to support time-locked liquidity will be reflected in its new name, Hourglass. If you’re interested in trying it out, ...
pitchFXS: Liquid, Programmable Governance
DeFi governance is expensive and time-consuming. It’s bad for the small fish: on-chain voting costs money every week, pricing out anyone who can’t afford Ethereum’s volatile gas prices. Additionally, vote-escrowed tokens, the most popular governance design today, don’t allow for vote delegation, creating an enormous problem of voter apathy and burnout. It’s bad for the big fish: large institutions who hold fiduciary obligations to investors (which demand reasonable liquidity) can’t meaningful...
pitchFXS: Liquid, Programmable Governance
DeFi governance is expensive and time-consuming. It’s bad for the small fish: on-chain voting costs money every week, pricing out anyone who can’t afford Ethereum’s volatile gas prices. Additionally, vote-escrowed tokens, the most popular governance design today, don’t allow for vote delegation, creating an enormous problem of voter apathy and burnout. It’s bad for the big fish: large institutions who hold fiduciary obligations to investors (which demand reasonable liquidity) can’t meaningful...
Introducing Pitch
Everyday life is filled with problems. Lenders are insolvent, dollars are inflating, and the very foundation of web3 is being ridiculed by some of the world’s biggest leaders. But while Crypto Twitter is more bearish than ever, builders across the ecosystem are still heads down creating the future. There is noise in the signal if you listen closely enough. For example, classical election systems are opaque and ripe with controversy, but individuals and institutions are actively designing digi...
Introducing Pitch
Everyday life is filled with problems. Lenders are insolvent, dollars are inflating, and the very foundation of web3 is being ridiculed by some of the world’s biggest leaders. But while Crypto Twitter is more bearish than ever, builders across the ecosystem are still heads down creating the future. There is noise in the signal if you listen closely enough. For example, classical election systems are opaque and ripe with controversy, but individuals and institutions are actively designing digi...
