Introducing the DeFi Treasury Management Solution on Tempus
Account for your Future Cash Flows
Today, much of the crypto industry is organized into Decentralized Autonomous Organizations (DAOs). DAOs are being used for a wide range of purposes, including social groups, collector and investor groups, talent agencies, research groups, media organizations and more. Most protocols are moving towards a more decentralized governance structure, and often let the community determine how they want the DAO’s funds to be used.
DAOs are a force to be reckoned with, with some DAOs managing treasuries as large as $1B. These treasuries fulfil a diverse set of needs, such as paying the contributors, managing assets (including NFTs) collectively, and paying for operations and other fixed costs incurred in the running of the DAO. DAOs require regular cashflows to ensure their future sustainability.
This is where Tempus steps in. Tempus helps protocols and DAO treasuries holding stablecoins and popular cryptocurrencies earn a fixed yield, account for future cash flows, and make appropriate financial decisions.
Fixed rates are important in DeFi:
Who needs fixed rates and why?
As mentioned before, DAOs need to fund their day-to-day operations, make payments to their contributors, and maintain their existing infrastructure. Most DAOs have a diversified treasury of various digital assets, including stablecoins.
Treasury management involves determining the budget for each quarter of the DAO or protocol and creating strategies, including trading derivatives, lending and borrowing, and staking activities. Interest rates are not fixed on DeFi, which can lead to substantial losses in the event of a sharp market correction.
To protect against the downside risk of falling interest rates and to create a solid foundation for the long term functioning of your organization, we recommend fixing your yield to help predict your cash inflows and outflows over the financial year.
Tempus aims to integrate with all lending, staking and yield aggregator platforms on multiple networks, allowing users to fix their yield on any chain where they hold cryptocurrencies.
Tempus is currently available on the Ethereum and Fantom networks and has integrated with Lido, Rari and Yearn Finance. Our short term pools benefit from high liquidity, reduced slippage, and low swap fees. Users can earn a fixed yield on their $ETH, $USDC, $DAI, $USDT, $WETH, and $YFI tokens. Your funds are also never locked on Tempus — you can withdraw from our pools at any time.
One of the significant advantages of depositing your treasury assets on Tempus is being able to earn sustainable high fixed yields, unlike other variable rate products where the yields vary as market conditions in DeFi change. You can find out more about the economics of Tempus and why it is the most capital-efficient protocol for fixed rates in the below deep dive:
Security
Security is our priority, and the Tempus team has taken multiple steps to increase the security of its smart contracts. Both Coinspect and Code 423n4 have audited Tempus. Tempus also has active bug bounty programs on Immunefi and Hats Finance. Sherlock has also agreed to provide $10mm protocol-level smart contract exploit coverage on all Tempus pools launched on the Ethereum network.
What next?
Reach out to us at bd@tempus.finance or message us on Discord to chat about or discuss how you can use our treasury management solution to obtain a fixed yield on your treasury reserves. We can also customize pools based on your needs.
For more updates on all things Tempus, visit the links below and follow us.
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Disclaimer
The information provided in this article is provided for informational purposes only and does not constitute, and should not be construed as, investment advice, or a recommendation to buy, sell, or otherwise transact in any investment, including any products or services, or an invitation, offer, or solicitation to engage in any investment activity. You alone are responsible for determining whether any investment, investment strategy, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. In addition, nothing in this article shall, or is intended to, constitute financial, legal, accounting, or tax advice. We recommend that you seek independent advice if you are in any doubt.
