Hourglass is thrilled to announce the first-ever marketplace for trading Time-Bound Tokens (TBTs). TBTs are a growing class of tokens that represent staked assets in DeFi protocols that are committed for a period of time. From Lido’s withdrawal queue to Frax’s $200m+ of locked liquidity, TBTs are expanding faster than ever as protocols seek long term liquidity.

Pitch is expanding its scope and mission from exclusively supporting time-bounded governance tokens to encompassing time-bounded tokens of all forms.

Governance, yield, and deep liquidity in the Frax ecosystem that natively integrates with Pitch's vote-incentives platform.

Everyday life is filled with problems. Lenders are insolvent, dollars are inflating, and the very foundation of web3 is being ridiculed by some of the world’s biggest leaders. But while Crypto Twitter is more bearish than ever, builders across the ecosystem are still heads down creating the future. There is noise in the signal if you listen closely enough.