Journey through time with Trader Joe and @TimeswapLabs 🕰️

The $JOE market on @TimeswapLabs is now live, enabling you to activate time-based lending with your $JOE tokens. Borrow $USDC against your $JOE while you continue to collect the underlying sJOE yield. Or lend $USDC for a fixed-rate yield.

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⏳ How to Borrow on Timeswap

• Deposit $JOE

• Borrow $USDC

• Use that $USDC elsewhere

• Payback your loan before maturity 📅

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🫳 Lending Options: Earn with USDC

Rather not borrow? Become a lender of $USDC instead and earn a fixed-yield, paid in $USDC upon term completion.

Additionally, if any borrower fails to repay their position, you may also earn a portion of the collateral.

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⚠️ Risks

Everything in DeFi has risks. As a Borrower you must repay the debt before maturity, else their collateral will be forfeited. In the case of a Lender if a Borrower defaults on their position they may not receive back the original amount lent out and/or may receive back tokens that were not lent out.

Your capital is at risk and you should conduct your own due diligence before undertaking any yield farming in DeFi.

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