Please also read:
- TEMP Fair Launch Announcement
- TEMP Fair Launch — FAQs
- TEMP Fair Launch — How to Guide

Since early 2021, Tempus has been laying the groundwork for deploying the most user-friendly and capital-efficient fixed rate protocol in DeFi.

• We have built a world-class team of engineers, and are backed by some of the most prominent VCs and market makers in the space.

• We have received grants from the Balancer Grants DAO and Lido Ecosystem Grants Organization (LEGO).

• We have successfully deployed Tempus Protocol on the Goerli Testnet (which you can try out here) and are planning to launch on mainnet this month.

As we get closer to mainnet, Tempus will begin its transition to a fully autonomous, decentralized organization that is governed and controlled by its community of users.

TEMP is the Tempus ERC-20 native token. It serves two main roles: governance, and staking to receive a share in network fees.

As Tempus moves towards full decentralization, TEMP holders will be responsible for governance.

TEMP holders can propose changes to the protocol, including adjusting protocol-level fees, and either minting, or burning TEMP tokens. If TEMP holders don’t want to participate in governance, they will have the opportunity to delegate their voting rights.

TEMP holders will be able to vote on how to spend funds that have accrued to the Tempus Treasury. Tempus will aim to participate as a liquidity provider in its own pools and build a significant treasury of diversified protocol-owned liquidity. This will also be controlled by TEMP holders.

Tempus will earn fees from underlying trading activity in its pools. TEMP holders will be able to enable fees on deposits, withdrawals, and swaps on Tempus.

A portion of these fees will accrue to the Tempus Treasury, while some of them will accrue directly to those who stake their TEMP for xTEMP. The exact staking and value accrual mechanism will be agreed upon by TEMP holders at a later date.

1 billion TEMP will be minted at genesis and will become made available over the course of three years. The initial three year allocation is as follows:

• 52.00% to Tempus community members (see more detailed breakdown below) 520,000,000 TEMP

• 26.00% to current and future team members with 3-year vesting (which starts after mainnet launch) 260,000,000 TEMP

• 22.00% to investors and advisors with 2.5 to 3-year vesting (which starts after mainnet launch) 220,000,000 TEMP

Token inflation of 2% per year can be triggered by governance after 4 years. This is to make sure there is long-term development and community support available for Tempus.

We are strong believers in decentralization and we have allocated 52% of our initial token supply to benefit the whole Tempus ecosystem. In addition, we find it extremely important to properly incentivize the early community, users, liquidity providers, and other partners.

The 520,000,000 TEMP which is allocated to Tempus community members will be divided as follows:

• 48.07% to liquidity mining and community incentives 250,000,000 TEMP

• 38.46% to the Tempus Treasury 200,000,000 TEMP

• 13.47% to our public token sale 70,000,000 TEMP

Stay tuned for more details about our public token sale!

We’re excited to bring this update to our community of more than 7,000 users! We will be announcing the details of our token launch very soon so please stay tuned for announcements on this.

In the meantime, to learn more about Tempus, read our resources here:

Discord | Github | Medium | Twitter | Website

Tempus will offer capital-efficient fixed rate yields and high variable yields on various assets. For example, Tempus will be the first team to release fixed rate ETH 2.0 staking through Lido. Tempus will also integrate with Compound, Aave, Yearn, and Rari.

Tempus is live on Goerli testnet and will be launching on mainnet next month. Join us on our journey to become the leading fixed-rate protocol in DeFi!