TELx: Products
TELx is a network of AMM liquidity pools, which are smart-contract based token reserves used for automated, self-custodial TEL digital asset exchange and on-chain FX powered remittances. Liquidity miners provide TEL and other assets to TELx liquidity pools, stake their liquidity provider tokens in TELx, earn fees from trades through their pool, and harvest TEL from TELx.
TELx: Liquidity PoolsLiquidity pools are smart-contract based token reserves on DeFi protocols used for automated, decentralized, self-custodial exchange. They are AMM pools that are produced by liquidity miners, who provide TEL and other assets as liquidity, stake their liquidity provider tokens...TELx: Consumer ProductsTELxchange: A network of TEL, digital asset exchange markets used for trading TEL with other blockchain goods (e.g. BTC, USDC), and the Send Money Smarter Network (SMS): A network of digital cash markets enabling on-chain FX and remittances.TELx: TEL Levels200M 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 Council.TELx: TEL Levels200M 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 Council.