Telcoin (TEL) Price

Info

Contract Address

ETH 0x467bccd9d29f223bce8043b84e8c8b282827790f

POL 0xdf7837de1f2fa4631d716cf2502f8b230f1dcc32

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About Telcoin (TEL)

The Telcoin (TEL) Token is the native token of the Telcoin Platform, and the gas fee token of the Telcoin Network. Miners stake TEL as a production and harvesting input on the Telcoin Platform, earn TEL fees from transactions and harvest from flows of TEL issuance. The quantity of TEL a miner has staked on the platform determines both their TEL earning power and their political power within their Miner Group in Telcoin Platform governance.

Telcoin Network is an EVM-compatible, public blockchain secured by GSMA Operator Member Mobile Network Operators globally using proof of stake consensus. The system serves as underlying blockchain architecture securing private property rights over digital assets and enabling on-chain protocols and applications such as TELx.

TEL is the native gas token of Telcoin Network. Consumers pay TEL gas fees to have their transactions included in blocks and secured to the Telcoin Network blockchain. A portion of all TEL gas fees paid each block on Telcoin Network are destroyed and regenerated equally to the TEL Treasury, tying Telcoin Network blockspace demand to the sustained yield of TEL for future generations of miners.