Timeless Finance

Timeless Finance

A perpetual yield token protocol.

Share

Timeless Finance Introduction

Timeless is a yield tokenization protocol that offers Perpetual Yield Tokens (PYTs), which give their holders a perpetual right to claim the yield generated by the underlying principal. Timeless also offers Negative Yield Tokens (NYTs), a protocol-native way to short yield rates. Unlike existing yield tokens offered by Element / Pendle / APWine, Timeless PYTs and NYTs are perpetual ERC20 tokens that never expire. This makes them far easier to buy, hold, & use, far easier for other protocols to integrate, and far easier to provide deep liquidity for. Timeless offers an innovative automated market maker (AMM) that is optimized for trading PYTs and NYTs. It enables deep liquidity for both PYTs and NYTs, allows liquidity providers to keep earning yield from the PYTs in their positions, and minimizes losses caused by arbitrage for liquidity providers.