TimeAlly is a Decentralized App (dApp) initiated by Team Era Swap, at first it was
only available through a web platform, but now TimeAlly is also available in the
form of an app through 1daap – Single App With Multiple Decentralized Platforms.
7.pdf This presentation captures many uses and the significance of the number...
WHAT IS TIMEALLY?
1. WHAT IS TIMEALLY?
TimeAlly is a Decentralized App (dApp) initiated by Team Era Swap, at first it was
only available through a web platform, but now TimeAlly is also available in the
form of an app through 1daap – Single App With Multiple Decentralized Platforms.
Let`s dive deep into TimeAlly. It is a staking medium for stakers who wish to
increase their ES Count in the period of time. TimeAlly is based on a pre-
defined set of rules through Smart Contracts and offers multiple benefits to users,
governs the generation & distribution of ES Newly released Token. You might think
but what is Dapp? What exactly it offers? Below is information in layman’s term, that
What is Dapp.
What is Dapp in Blockchain?
Decentralized Applications (dApp) is an open-source application that runs
autonomously on a decentralized public blockchain, which has existed since the
advent of P2P network uses distributed ledger technology which is neither stored in
centralized location nor can be controlled by single entity generates & uses tokens
by following a standard cryptographic algorithm.
Features of TimeAlly
TimeAlly uses Ethereum Virtual Machine (“EVM”), which can execute code of
arbitrary algorithmic complexity following standard cryptography with no
downtime and keeping all the created objects safe from modifications. Every
transaction triggered by users is recorded transparently & irreversibly in block
confirmation so that old transactions are preserved forever for all to see. TimeAlly is
an open-source application & can work even without any web interface.
Advantages of TimeAlly
Nomination: Appoint nominee, who will receive all the benefits of TimeAlly in the
time of sudden crisis.
2. Privacy: TimeAlly Smart Contract provides privacy to TimeAlly holder, using Smart
Contract and Blockchain technology
ES NRT Distribution: Governs the distribution of ES from NRT pool to users
Control: The private key stays with the users and the data stores with the only
rightful owner of it’s – the user.
How TimeAlly works
TimeAlly rewards TA holders for locking their tokens in TA smart contracts (TA
Time Vault) for the duration of one or two years as per their choice.
Vesting for 1 Year: 13% (1.08% per month) of ES Tokens from NRT pool is allocated
to be distributed among TA Vestors
Vesting for 2 Year: 15% (1.25% per month) of ES Tokens from NRT pool is allocated
to be distributed among TA Vestors
All the Rewards will be distributed 50% in TimeAlly & 50 % in Liquid. A fixed
number of ES rewarded every month to users which is governed by TA smart
contract. The total number of ES tokens to be distributed among TA holders is pre-
defined, but which user will get how many ES tokens is not defined. It depends on
the number of token staked in proportion to their vesting plans.
In the case of more users
If more users opt for TimeAlly vesting then there will be a scarcity of liquid tokens
which will create more demand for ES. This way the value of ES held by users is
expected to go up as the price per ES shall increase with increasing demand.
In the case of few users
If few users opt for TimeAlly vesting then more tokens per user will be received. As
the number of tokens to be distributed every month is fixed but the number of
receivers is reduced. This way more ES will be received to these fewer members
More TimeAlly Products
3. There is an extended product line of TimeAlly Smart Contract for users. They are
TSGAP, TimeAlly PET and TimeAlly Loan for Era Swap Community As a TimeAlly
Smart Contract holder you can choose any of these add-on products, and start
increasing your ES count along with multiple rewards for discipline staking.
Stake ES Now on TimeAlly Web – https://www.timeally.io/
NOW TIMEALLY IN YOUR POCKET -
https://play.google.com/store/apps/details?id=com.eraswaponeapp&hl=en