TAO: TEL Distribution Levels

The purpose of the TAO is to produce and administer a variety of collective goods and services on behalf of the Telcoin Association.

The TAO is financed by TEL issuance which originates from the TEL Treasury and distributes to the TAO gnosis safe each block.

An initial TEL airdrop and an on-going Sablier stream of TEL flows to the TAO finance set-up costs and its purposes according to rules that are set by the Platform and Treasury Council using the TELIP process.

Initial TEL Distribution Levels

• Component | Mechanism | Initial Inflows | Destination
• TAO Safe | Airdrop | 20,000,000 | Exchanged to pay for audit, Association and TAO costs for the first year.

On-going TEL Distribution Levels

• Component | Mechanism | Y1 | Y2 | Y3
• TAO Safe | Sablier Stream | 50,000,000 | 45,000,000 | 40,500,000