Degen

G♾️M Degens! 🎩

Degeneracy and Leverage are the two things that run through the nerves of the entire DeFi ecosystem. 

With Timeswap, you can unlock both in a non-liquidatable manner!

🎩 Non-liquidatable leverage for $DEGEN 🎩

Read-on! 👇

Gm Time Travelers 🧑‍🚀  @degentokenbase degens 🎩

First ever lending/borrowing market for DEGEN token on @base! 🔵

🎩 Lend/Borrow $DEGEN or use as collateral to borrow USDC 🎩

Let's dive in 👇

Timeswap's $DEGEN token pool have become one of the top 50 holders of the token in <24hrs of the launch.

Timeswap has also processed over $50k in lending/borrowing volume for $DEGEN!

Read more on the launch here:

Like uniswap, but for lending & borrowing 👨‍🚀⏳
https://link3.to/timeswap_labs

Leverage $DEGEN 📊

Timeswap pools offer non-liquidatable loans, which can be utilised for opening leveraged positions on the collateral token ($DEGEN in our case!).

📈 USDC/DEGEN pool -> Long $DEGEN
📉 DEGEN/USDC pool -> Short $DEGEN

Long $DEGEN 🐂

Step 1: Use $DEGEN as collateral, Borrow USDC
Step 2: Use the borrowed $USDC to buy more $DEGEN
Step 3: Repeat!

⏳ Outcome:
- Leveraged long $DEGEN
- No liquidations till 12th Feb!
- Fixed borrow costs.

LONG here -> app.timeswap.io/#/borrow/base/cef9aaeb-e9ab-47e7-8841-065db8606671

Short $DEGEN 🐻

Step 1: Borrow $DEGEN using USDC as collateral
Step 2: Swap your $DEGEN for USDC
Step 3: Repeat!

⏳ Outcome:
- Leveraged short $DEGEN
- No liquidations till 12th Feb!
- Fixed borrow costs.

SHORT here ->app.timeswap.io/#/borrow/base/ee4a9c88-6732-4e13-9789-30fb47549921

Benefits of Non-liquidatable leverage:

Having the security of not getting liquidated for a fixed duration allows you to position your trades without having to worry about the short term volatility!

Given the volatility of $DEGEN, the Timeswap pool makes an ideal venue to be!

TL;DR: Timeswap's $DEGEN pool allows you to take long/short positions in a non-liquidatable manner!

Like/Recast the quote below if you can:

TL;DR: Timeswap's $DEGEN pool allows you to take long/short positions in a non-liquidatable manner!

Like/Recast the quote below if you can:
https://warpcast.com/timeswap/0x44c6d50e

Timeswap's $DEGEN token pool have become one of the top 50 holders of the token in <24hrs of the launch.

Timeswap has also processed over $50k in lending/borrowing volume for $DEGEN!

Read more on the launch here:

https://warpcast.com/timeswap/0x6a0d7382