TimeWarp is a smart contract created by the Australian company Chrono.tech to staking with the TIME token while TIME is a native token of the Chrono.tech ecosystem. TIME holders will have access to a Premium Account from LaborX, a platform belonging to the same ecosystem.
TimeWarp is a smart contract created by the Australian company Chrono.tech to staking with the TIME token. It represents an opportunity for those who wish to make passive profit by blocking this token. Since its creation, TimeWarp has not stopped growing, and now it becomes part of the Binance Smart Chain, one of the most important blockchains for decentralized finance.
TIME, a new token arrives on Binance Smart Chain
TIME is a native token of the Chrono.tech ecosystem. Currently, there are a total of 710,113 TIME tokens issued. Supply is limited, which helps preserve asset value and increase demand. With the launch of this token on Binance Smart Chain (BSC), holders can stack with TIME to receive great short- and long-term benefits.
On the value of the TIME token, Sergei Sergienko, founder of Chrono.tech and TimeWarp , notes that “because TimeWarp rewards are based on real-world income from Chrono.tech services, this offers investors from crypto a clear way to value the token, based on simple metrics such as price / earnings ratios “
How does TimeWarp work?
A part of the profits that Chrono.tech generates through its ecosystem of blockchain products and services is used for the purchase of TIME in the open market. These tokens are subsequently stored in a wallet, Time Fund. Once a week, the tokens are distributed to users who have staked with TIME.
The tokens that are blocked in TimeWarp are subject to a multiple of staking, which is determined according to the period of time that the user blocks TIME. For example, a user who blocked 100 TIME for a year will earn more than someone who blocked the same amount of TIME for a month. Thus, the longer the lockout time, the greater the rewards.
On the advantages of stacking with TIME on Binance Smart Chain, Sergei Sergienko says that “the low fees that come with using the Binance Smart Chain will allow holders to take home more of those gains.” But that is not all. Apart from the regular earnings mentioned above, TIME holders will have access to a Premium Account from LaborX, a platform belonging to the same ecosystem.
Chrono.tech is an Australian company founded in 2016, and its headquarters are located in Sydney. The company’s goal is to provide blockchain-based technology for the HR and recruitment sector. Chrono.tech products include:LaborX: a work platform with automated payments in cryptocurrencies. It relies on smart contracts to formalize agreements between freelancers and their clients.
TimeX – An Australian-based exchange that allows users to trade the most popular cryptocurrencies on the market with traditional payment methods.
PaymentX: a type of payroll that integrates with companies’ existing systems and facilitates them to make multiple automated payments in cryptocurrencies.
AUDT – A stablecoin pegged to the Australian dollar regulated by AUSTRAC, Australia’s financial intelligence agency.
Learn more about Chrono.tech by visiting their website or by writing to them at the following email address: firstname.lastname@example.org .
Disclaimer: The information expressed in this article are solely those of the author and do not necessarily reflect the views of CryptoDeFinance. Each and every investment and trading move involves high risk. You should always conduct your own research when making a decision in crypto investment.