The first Telcoin ecosystem rewards pool is going live on Uniswap V2!
As we approach the release of our live global remittance product, one of Telcoin’s main priorities is to make TEL exchange and transfer costs lower than any existing remittance product in the world. While initial remittance corridors are being turned on as fiat-only, we are of course also rolling out fiat-crypto rails in parallel with the objective of these eventually merging. An important requirement for them to merge is a stable and liquid market for the TEL token.
By incentivizing TEL holders with rewards, we aim to bootstrap the necessary liquidity to minimize transaction costs — such as slippage — in an additive, long term, and sustainable way that builds durable value for TEL and the Telcoin platform. read more