An allocation from the Telcoin treasury pool, totalling 1 billion TEL, has been reserved for eligible $TEL holders and stakers who support the network. If you hold or stake $TEL, an allocation is already reserved for you.
https://x.com/telcoin_fnd_/status/2106939165036400970
Who is eligible
Eligibility is based on your participation in the Telcoin ecosystem.
- $TEL stakers securing the Telcoin Network are included at the snapshot.
- TELx liquidity providers receive an allocation from the pool.
- $TEL holders across Ethereum, Polygon and Base are eligible, weighted by balance and duration.
How your allocation is determined
Your allocation is calculated from your $TEL position:
- Allocations are based on a single input: your $TEL balance at the snapshot.
- A larger balance reaches a higher tier and a greater share of the pool.
- Reducing your balance before the snapshot reduces your allocation accordingly.
The tiers
Each tier scales the size of your allocation.
- Copper: the entry tier, open to all eligible holders, approximately 6 to 7%.
- Bronze: holders maintaining a steady position, 7 to 9%.
- Silver: committed long-term holders, 9 to 11%.
- Gold: larger holders, 11 to 13%.
- Platinum: the largest holders, 13% and above, receiving the greatest allocations.
What's Next?
Once you claim, your allocation is credited directly to your own wallet, where it can be held, staked on the Telcoin Network, or supplied to TELx to take part in future distributions. The treasury pool reflects Telcoin's ongoing commitment to returning value to the holders and stakers who support the network.
