This article is for informational and educational purposes only and the author is not a financial advisor.
Introduction to Telos
Telos is a fast, cost-effective, green, and honest blockchain. It boasts its own native blockchain and Ethereum Virtual Machine (EVM) that can handle up to 10,000 transactions per second with no gas fees. The blockchain is fully decentralized and operates under community governance, where the community decides on all matters relating to Telos. The team behind Telos is fully documented and competent.
Telos Tokenomics
Telos has a total supply of 355 million tokens, of which 243 million are in circulation, and 112 million remain to be brought into circulation. The new circulation consists of multiple parties such as developers, the Telos Foundation, and an ecosystem fund. Telos tokens (TLOS) can be purchased on multiple exchanges such as gate.io, kucoin, pancake swap, Sushi swap, and uni swap.
Telos EVM and Native Blockchain
Telos is the first EVM-compatible blockchain built on EOS IO and allows for the deployment and running of Ethereum apps using the Telos EVM for the best performance and secure DApp available today. Telos also has its own native blockchain built on C++, leading the way for high-throughput decentralized applications.
Staking Telos
Telos token holders can stake their tokens and earn rewards, as well as ST TLOS, a liquid token proof of their staked TLOS. ST TLOS can also be staked for additional rewards. The current APY (Annual Percentage Yield) of Telos is impressive compared to other larger blockchains. To stake Telos, simply go to their website telos.net, navigate to the "Ecosystem" section, and follow the instructions for staking.
In conclusion, Telos is a fast and scalable blockchain with great decentralization protocols, no front-running, and community governance. With its eco-friendly approach and impressive tokenomics, Telos is definitely worth checking out.
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