Introducing Teneo — the next project to launch on TruePNL
We’re thrilled to announce the next sale on the TruePNL platform: the Whitelist for Teneo opens today, January 26th at 17:00 GMT on the TruePNL Launchpad.
Teneo — is a multi-layered yield generation protocol based on the trading of pegged-tokens. Users can swap tokens for their ten-tokens counterpart and start earning fees generated from trading activities. Traders and arbitrageurs can earn from price deviations between ten-tokens. Liquidity providers for ten-tokens earn $TENEO, the token powering the protocol.
Teneo is a sustainable incentive-backed ecosystem allowing holders to earn passively while opening new arbitrage opportunities for those who seek short-term gains. Teneo’s built-in automated market maker (AMM) allows investors to lock in their cryptocurrencies and mint an equal amount of tenXXX Tokens, which is pegged to the original token and can always be redeemed at the pegged price — minus a small transaction fee.
TenXXX Tokens are subject to “reflows” — a value-accrual process that redistributes fees collected directly to holders in the same cryptocurrency as the one initially minted. Teneo aims to incentivize long-term holders by implementing a fee-based system every time someone transacts with a tenXXX Token, whether it is from the AMM or through the use of DEXs. This way, holders of tenXXX Tokens can benefit from both inflows and outflows of capital by profiting off the increases in volume.
Project Litepaper is available here.
Video Guide on how Teneo operates is available here.
Incubated by Ferrum Network and is supported by Certik, Crypto Society, Project Inverse, Unvest, Blue Horizon, MilestoneBased, OpenDAO, GovWorld, Babylons.
How to apply for the Teneo sale on TruePNL:
How to apply for the Public round:
- Register on https://truepnl.com/ and confirm your email address
- Open https://launchpad.truepnl.com/app
- Log in and Connect your wallet
- Press the “Join the Whitelist” button
Complete all actions:
- Follow TruePNL on Twitter
- Follow Teneo on Twitter
- Join TruePNL Telegram group
- Join Teneo Telegram Chat
- Pass the KYC procedure before sale starts to be eligible to claim tokens
Choose the PNLg pool or the Lottery pool. To enter the Lottery pool, you only need to join the social channels from above and enter your usernames into the Whitelist form.
Some useful links for new TruePNL Launchpad users:
Lottery Pool details
🔸 Pool size: $25 000
🔸 Token name: $TENEO
🔸 Min. allocation: $100
🔸 Max. allocation: $300
🔸 Vesting: 25% at TGE, then 42 days linear unlock
PNLg Pool details
🔷 Pool size: $50 000
🔷 Token name: $TENEO
🔷 Min. allocation: 0.2%
🔷 Max. allocation: 3%
🔷 Vesting: 25% at TGE, then 42 days linear unlock
➡️ Whitelist is now closed. The public sale starts today 16th February at 9 AM GMT.
How to buy out your allocation if you got in the Whitelist
⏰ All WHITELISTED users can get their allocations during the first three hours after the Public Sale begins 16th of February 2022 at 9 AM GMT (09:00).
Teneo Whitelist Winners: https://bit.ly/3oSvcDw
Eligible users will be able to find their allocations in the «My Investments» section.
Please note, users can only purchase the whitelisted allocation in the full amount, and cannot buy out only a portion of the allocation.
FCFS round is scheduled for 12:00 PM GMT if there is any $TENEO left!
More information on FCFS rounds on TruePNL can be found here.