Introduction

TemplarDAO's Documentation

What is Templar?

Templar is the first decentralized reserve currency protocol available on the Binance Smart Chain based on the TEM token. Each TEM token is backed by a basket of assets (e.g. BNB, BUSD, TEM-BUSD LP) in the Templar treasury, giving it an intrinsic value that it cannot fall below. Templar also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

Growing the treasury so as to be able to increase dividend payouts to stakers is a key part of TEM's long-term strategy, so TEM can perhaps best be considered as a kind of crypto hedge fund. The only way new TEM can be minted currently is through bonding. Bonds are controlled by algorithms which incentivize or disincentivize bonding in the best interests of the treasury and, by extension, the project's stakers.

What is the point of Templar?

Our goal is to build a policy-controlled currency system, in which the behavior of the TEM token is controlled at a high level by the DAO. In the long term, we believe this system can be used to optimize for stability and consistency so that TEM can function as a global unit-of-account and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and wealth creation.

Without the use of fiat currencies, we intend to bring stability to the cryptocurrency economy through our protocol and granting everyone equal access by creating an inclusive platform for economic empowerment.

How do I participate in Templar?

There are two main strategies for market participants: staking and bonding. Stakers stake their TEM tokens in return for more TEM tokens, while bonders provide LP or BUSD tokens in exchange for discounted TEM tokens after a fixed vesting period.

We hear you! Take part in our protocol through the DAO. Governance participants can get involved on our community telegram.

How can I benefit from Templar?

The main benefit for stakers comes from dividends paid out in our interest-bearing stablecoin TM, though price exposure remains an important consideration.

The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is in TEM tokens and thus the bonder's profit would depend on TEM price when the bond (minted TEM) matures. Bonders benefit from a rising or static price for the TEM token!

Who created Templar?

Templar was born as a fork of Olympus on the Binance Smart Chain but has since radically differentiated its product from that of Olympus. Our team is mostly anonymous, born from the DeFi Community, but has been audited by Certik.

Who runs Templar?

No one. Templar is DAO-governed. All decisions are formed by community members on the forum and made by token holders through snapshot voting.