Telcoin Platform

Telcoin Platform

Blockchain Goods and Services Production

The total supply, demand, and fees paid to access the blockchain goods and services produced by all three sub-systems of the Telcoin Platform over time.

Telcoin Platform: Blockchain Goods and Services Productivity

The productivity of the platform is a function of the total supply, demand, and fees paid to access goods and services produced by all three sub-systems of the platform over time. In other words,

  • Aggregate Supply: The total supply of goods and services produced by miners across all three layers of the system over time.
  • Volume: The sum total of volume transacted by users interacting with Telcoin mobile apps, TELx and Telcoin Network products over time.
  • Fees: The sum total of fees paid by users to access goods and services across the Platform over time.

    • TAN: Application Layer Productivity

    Developers and Stakers produce mobile applications and new users respectively, earning fees each time their users transact.

  • Mobile Applications, Users, Products: The total number of users, mobile applications and the variety of services offered to users, including TELx exchange and Telcoin Network transfer availability over time.
  • Volume: Total volume through mobile products, total exchange volume through TELx markets and transfer volume through Telcoin Network blockspace by mobile application users over time.
  • Fees: The total transaction fees paid by users, earned by Developers, and the referral fees, in TEL, earned by Stakers over time.

    • TELx: DeFi Marketplace Productivity

    Liquidity miners produce liquid, DeFi markets, earning fees each time users exchange their assets.

  • Exchange Liquidity: The total liquidity and assets available for exchange across TELx markets over time.
  • Volume: The total exchange volume through TELx markets over time.
  • Fees: The total exchange fees paid by traders to TELx liquidity pools over time.

    • Telcoin Network: Block Production and other Goods and Services

    Telcoin Network: Block Production

    Validators produce blocks to the Telcoin Network blockchain, earning fees from consumers who pay to have their transactions included in a block and processed through the blockchain. A portion of TEL fees contained in each block are destroyed and regenerated to the TEL Treasury in equal quantity.

  • Block Production: Total blocks(blockspace) produced and available for consumption over time.
    • Block Time: 1 block/6 seconds
    • Transaction Capacity: 5,000 per second; when the total number of transactions per block increases above the maximum threshold, the network congests
  • TVL: Total value of assets secured by the network over time.
  • Volume: Total transfer volume using Telcoin Network blockspace over time.
  • Fees: The total TEL in gas fees paid by users to transfer using Telcoin Network blockspace, the total gas fees earned by Validators and the total TEL burned and regenerated to the Treasury over time.

    • Telcoin Network: Blockchain Goods and Services Production

    Telcoin Network is composed of a built in Ethereum Virtual Machine (EVM) which enables the development of on-chain programs called smart contracts. These self-executing programs are programmed to facilitate any number of digital goods and services, such as infrastructure called protocols (e.g. DeFi protocols) and applications (e.g. a Telcoin mobile application).

  • Aggregate Supply: The total supply of smart contract-based, blockchain goods and services available on Telcoin Network to be consumed, enjoyed or harvested by actors over time.
  • Volume: Total volume through smart contract-based different goods and services systems on Telcoin Network over time.
  • Fees: Total fees paid to access smart contract based goods and services on Telcoin Network.
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