About TELx
TELx Markets
TELx is a global network of decentralized financial markets which serves as the liquidity engine of the Telcoin platform. In V1, TELx is built on a network of AMM DEX markets and incentives which make the system work and sustain itself over time.
AMM liquidity pools earn swap fees on every transaction through their pool and are designed to economically sustain themselves on fees over time. Issuance of TEL is used to incentivize decentralized exchange liquidity across TELx in the early phases to meet the liquidity required to enable two user-owned exchange products:
- Send Money Smarter Network (SMS): a user-owned, decentralized global remittance network.
- TELxchange: a user-owned, decentralized digital asset exchange.
Please find detailed information about each TELx market including the product they power and incentives schedules below.
Resources
For additional information about TELx markets and incentives review:
-
The TELx Issuance Schedule here
-
Review Addresses and Contracts for each TELx market here
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TELx Market Participants & Incentives here
-
TELx Ecosystem Assets & Protocols here
TEL/USDC on Quickswap
Overview
- Primary Product: SMS Network
- TELx Addition: July 7th, 2021
- Analytics: info.quickswap.exchange
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL & QUICK
- Issuance Period 1: July 7th-ongoing
- 1,500,000 TEL a week
- 56 QUICK a week
TEL/QUICK on Quickswap
Overview
- Primary Product: TELxchange
- TELx Addition: July 7th, 2021
- Analytics: info.quickswap.exchange
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL & QUICK
- Issuance Period 1: July 7th-ongoing
- 1,500,000 TEL a week
- 91 QUICK a week
TEL/wETH on Quickswap
Overview
- Primary Product: TELxchange
- TELx Addition: July 7th, 2021
- Analytics: info.quickswap.exchange
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL & QUICK
- Issuance Period 1: July 7th-ongoing
- 1,500,000 TEL a week
- 70 QUICK a week
TEL/wMATIC on Quickswap
Overview
- Primary Product: TELxchange
- TELx Addition: July 7th, 2021
- Analytics: info.quickswap.exchange
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL
- Issuance Period 1: July 7th-August 11th, 2021
- 1,000,000 TEL a week
- Issuance Period 2: August 11th-ongoing
- 500,000 TEL a week
TEL/AAVE on Quickswap
Overview
- Primary Product: TELxchange
- TELx Addition: July 7th, 2021
- Analytics: polygonscan.com
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL
- Issuance Period 1: July 7th-August 11th, 2021
- 750,000 TEL a week
- Issuance Period 2: August 11th-ongoing
- 500,000 TEL a week
TEL/wBTC on Quickswap
Overview
- Primary Product: TELxchange
- TELx Addition: July 7th, 2021
- Analytics: info.quickswap.exchange
Swap fees
- Total Fee: 0.30% total per swap
- Fee to LP: 0.25% paid to liquidity pool
Issuance
- Rewards Tokens: TEL
- Issuance Period 1: July 7th-August 11th, 2021
- 750,000 TEL a week
- Issuance Period 2: August 11th-ongoing
- 500,000 TEL a week
USDC/CADc on DFX
Overview
- Primary Product: SMS Network
- TELx Addition: July 19th, 2021
- Add Liquidity: app.dfx.finance/pools
Swap fees
- Total: 0.05% dynamically adjusted
Issuance
- Rewards Tokens: TEL & DFX
- Issuance Period 1: July 19th-August 21st, 2021
- 55,055 DFX/32 days
- 470,016 TEL/32 days
- Issuance Period 2: August 22nd-ongoing
- 47,395.8 DFX/month
- 470,016 TEL/month
USDC/xSGD on DFX
Overview
- Primary Product: SMS Network
- TELx Addition: July 19th, 2021
- Add Liquidity: app.dfx.finance/pools
Swap fees
- Total: 0.05% dynamically adjusted
Issuance
- Rewards Tokens: TEL & DFX
- Issuance Period 1: July 19th-August 21st, 2021
- 55,055 DFX/32 days
- 470,016 TEL/32 days
- Issuance Period 2: August 22nd-ongoing
- 47,395.8 DFX/month
- 470,016 TEL/month
USDC/EURS on DFX
Overview
- Primary Product: SMS Network
- TELx Addition: July 18th, 2021
- Add Liquidity: app.dfx.finance/pools
Swap fees
- Total: 0.05% dynamically adjusted
Issuance
- Rewards Tokens: TEL & DFX
- Issuance Period 1: July 19th-August 21st, 2021
- 55,055 DFX/32 days
- 470,016 TEL/32 days
- Issuance Period 2: August 22nd-ongoing
- 47,395.8 DFX/month
- 470,016 TEL/month
TEL/USDC on Balancer
Overview
- Primary Product: SMS Network
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/USDC
- Pool Weights: 80/20
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18, 2021-ongoing
- 750,000 a week
TEL/BAL on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/BAL
- Pool Weights: 50/50
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18, 2021-ongoing
- 750,000 a week
TEL/wETH/USDC on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/WETH/USDC
- Pool Weights: 60/20/20
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18th, 2021-ongoing
- 500,000 a week
TEL/BAL/USDC on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/BAL/USDC
- Pool Weights: 60/20/20
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18th, 2021-ongoing
- 750,000 a week
TEL/wBTC/USDC on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/wBTC/USDC
- Pool Weights: 60/20/20
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18th, 2021-ongoing
- 500,000 a week
TEL/wMATIC/USDC on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/wMATIC/USDC
- Pool Weights: 60/20/20
- Analytics: polygon.balancer.fi
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18th, 2021-ongoing
- 500,000 a week
TEL/AAVE/USDC on Balancer
Overview
- Primary Product: TELxchange
- TELx Addition: August 18th, 2021
- Pool Tokens: TEL/AAVE/USDC
- Pool Weights: 60/20/20
Swap fees
- Total: 0.20% dynamically adjusted
Issuance
- Rewards Tokens: TEL
- Issuance Schedule: August 18th-ongoing
- 500,000 a week