“Time Zero” gives you a unique opportunity to support TimeDAO and get rewarded for it. Get your NFTs and your $TDAOs tokens before it’s too late.
“TIME ZERO” lIMITED SERIES
NFTs FUNDRAISER – Nov. 26, 2021
On the 26th of November 2021, the “Time Zero” series sale opens.
The sale is being held on Opensea.io and accessible from timedao.org
“Time Zero” limited series is a unique NFT Fundraiser sale accessible to everybody. An equal opportunity to support the project at a very early stage and later get rewarded for it through AirDrops.
LIQUIDITY BOOTSTRAPPING POOL
$TDAO TOKEN PRICE DISCOVERY – DEC. 2021
The objective of a Liquidity Bootstrap Pool is to ensure the project has ample time to distribute its tokens, while securing a healthy treasury. It is also a resilient mechanism designed to ensure a smooth price discovery, with no incentive for whales to profit from a rug-pull or another trading technique that would lead to immediate price volatility.
The pool resembles liquidity pools usual pairs, but the ratio of the $TDAO to the DAI dollar-pegged coin is 80:20%. Gradually, the ratio of the token increases until there is 80% DAI in the pool to 20% of the token, reaching the full price discovery.
PROTOCOL OWNED LIQUIDITY & PUBLIC SALE
PUBLIC SALE – JAN. 2022
At the end of the LBP phase we will use a percentage of the funds raised in the previous phases to create Liquidity pools on DEXes such as Uniswap and later on, after we develop bridges to Polygon and BSC, QuickSwap and PancakeSwap.
We will then launch a liquidity mining program adhering to the POL pattern.
POL(Protocol Owned Liquidity) is a new concept in DeFi. It has been pioneered By OlympusDAO earlier in 2021 and, in our opinion, is a total game changer as it provides an organic income source to protocols without them having to sell a service.
POL essentially transforms a liability into an income source. Thanks to POL, Protocols no longer need to pay out high incentives to rent liquidity.
How does it work
Instead of staking their LP (liquidity provider) tokens for farming rewards in a pool 2, users can exchange their LP tokens for the protocol’s governance tokens at a discounted rate. This is done through a process called Bonding . As the protocol never sells these LP tokens, the liquidity is effectively locked within its treasury and,more interestingly, starts generating LP fees for the DAO!
- Migration to Layer 2 xDai chain
- Update of the existing smart contracts and binaries to use xDai
- Development of new features on the POC
- Development of TimeCapsule POC
- Preparation for the ICO
- Creation of the $TDAO token
- Incorporation of the company
- NFT fundraising (Nov. 26, 2021)
- LBP (End of Dec, 2021)
- POL/Public Sale (Jan, 2022)
- Recruitment of team
- Foundation of the DAO
- External audit of the smart contracts
- Beta release of the TimeCapsule
- Development of TimeCapsule App for iOS/Android
- NFC-chipped objects extension for TimeApps
- NFT integration for credentials safeguardings
- Beta Release of TimeWallet
- Partnerships with brands and retail stores