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.

Quickswap TELx Liquidity Mining Incentives Schedule 7/7 - 9/29
DFX TELx Liquidity Mining Incentives Schedule 7/7 - 9/29
Balancer TELx Liquidity Mining Incentives Schedule 8/18 - 9/29

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

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: https://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: https://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: https://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