Are you afraid to trade in volatile markets? You just want to safely HODL – but not miss profits from trading either?

Teneo will solve this issue for you.

There are thousands of cryptocurrency projects competing for investors and users’ attention. They have little value and only function when there are more people joining. When the price is high enough, the first investors sell – leading to a falling price, which leads others to sell, and a downward spiral begins. This is a typical pump-and dump pattern in which users compete with one another.

It doesn’t have to be that way. With Teneo’s pegged tokens it’s a different game. You don’t play against each other. It does not matter if other users sell – in fact it’s good for you, as you even make a profit through transaction fees, while you can always get your underlying assets back.

What does this mean?

Let’s explore the Teneo ecosystem. You can choose from two types of tokens.

Fixed tenXXXX tokens

TenXXXX tokens provide a protection against crypto market volatility.

A tenXXXX token can be pinned to any underlying asset such as WBTC or BTC. However, it is also possible to use every standard ERC20/BEP20 token. In this example we use ETH: Every time someone locks an ETH, Teneo’s Automated Market Maker (AMM) mints a tenETH token, and every time an ETH is unlocked a tenETH gets burned. With an exchange ratio near 1:1, you can change your tenETH safely back to Ethereum.

Because there is an (insignificant) transaction fee at 1.2%, it is not nearly 1:1. The whole system benefits from this fee – it is:

● redistributed to tenXXX holders● redistributed to liquidity providers● used to buy back the Teneo token

However, why would anyone want to trade a token with fees and not just keep it for the reward?

That’s where arbitrage traders come in: If ETH goes up somewhere, they buy tenETH for the still lower price, change it to ETH and sell it at a higher price at the other exchange. Accordingly, if ETH goes down. This changes the value of tenETH from ETH. Because the token is tied, wealth can’t be taken out. This is a contrast to other tokens.

Teneo token (TEN).

Teneo token powers Teneo ecosystem with many advantages for stakers and holders.

Teneo tokens receive buybacks from every tenXXXX token, which results in lower supply and higher prices.

You can also stake your Teneo tokens in different pools – getting additional rewards. Because Teneo tokens can be bound to a certain price, these pools have a maximum price limit. Higher prices will be achieved if there are more pools.

Furthermore, Teneo tokens add governance functionality and are used to mint the project’s upcoming NFTs.

Win-Win-Win

Teneo is a system that benefits various groups.

• Transaction fees are paid to holders of 10XXXX
• Arbitrage opportunities for traders are created by market volatility
• Projects with a tenXXX version of their project token don’t have to emit new tokens to holders/stakers, because the rewards are coming from transaction

Security

Security is a top priority in the project. Teneo contracts were audited by Zokyo, with a score above-average of 99.6%

https://teneo.finance/zokyo_audit.pdf

Teneo launches

Interested? Teneo will launch on 22.2.22. If you’re lucky, you may still be able to get in with these launchpads.

TruePNL (Whitelist closed): https://launchpad.truepnl.com/whitelist_project/22Lithium (Sold out): https://launchpad.lithium.venturesMoonstarter (17 February 2022, 12 PM UTC): https://moonstarter.netSynapse (15 February 2022, 9 AM UTC): https://app.synapse.networkDuckDAO (22 February 2022): https://duckstarter.io

Get More Information

Understand Teneo in 3 Minutes: https://www.youtube.com/watch?v=GtYA2BV_RtQ

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For more information, contact

Email: marketing@teneo.finance

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