Telcoin Platform
Telcoin Platform
TELx: Productivity of System
The productivity of TELx is the measurement of both the supply, volume, and fees paid to access the DeFi marketplace over time and the number TEL units that liquidity miners harvest from the system over time.
Summary
TELx is a market network that enables the generation of liquidity pools that are used for decentralized exchange and a set of systems that store, distribute, and enable the extraction of TEL units. The productivity of TELx is the measurement of both the DeFi marketplace and the TEL units it produces over time.
DeFi Marketplace
Liquidity miners produce liquid DeFi markets, earning fees each time users exchange their assets.
TEL Production
The TEL Treasury generates a flow of TEL to TELx, which then distributes as issuance to staking contracts. Liquidity miners harvest TEL from TELx staking contracts based on their pro-rata share of liquidity, according to harvesting rules that self-execute in code. The TELx Council possesses authority over TELx rules, and is responsible for ensuring rules are enforced as designed.
TELx: TEL Production
200M TEL distributes from the TEL Treasury to TELx in year 1, and Liquidity Miners harvest from a monthly flow of 16.66M TEL based on their pro-rata share of staked liquidity in TELx staking contracts, according to rules that are set and enforced by the TELx C...
TELx: Marketplace Productivity
The total exchange liquidity, volume, and fees paid to access TELx markets over time.