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:

Please find detailed information about each TELx market including the product they power and incentives schedules below.

210811_Quickswap_TELx_Liquidity_Mining_Incentives_Schedule_7_7_-_9_29.png

210811_DFX_TELx_Liquidity_Mining_Incentives_Schedule_7_7_-_9_29.png

210818_Balancer_TELx_Liquidity_Mining_Incentives_Schedule_7.png

Resources

For additional information about TELx markets and incentives review: 

  • The TELx Issuance Schedule here 

  • Review Addresses and Contracts for each TELx market here

  • TELx Market Participants & Incentives here 

  • TELx Ecosystem Assets & Protocols here

TEL/USDC on Quickswap

Overview

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

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

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

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

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

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

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

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