Teneo Finance
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Introduction
tenXXX Token Ecosystem
Teneo Token Ecosystem
Interface Guide
⛓⚖️ AMM ⚖️⛓
Explains the Automated Market Maker of the tenXXX Tokens.
⚖️Automated Market Makers⚖️
🌟🔥 Mint/Burn or Lock/Unlock 🔒🔓
Every time someone locks a XXX Token into the AMM there will be minted a tenXXX token.
Every time someone unlocks a XXX they need a tenXXX which is burned at this moment.
There is also a fee (at the beginning minting: 1.6% burning: 0.6%) for the DAO Wallet. This fee will be taken away after minting or before burning a tenXXX token.
That means there will never be more tenXXX Tokens minted than locked XXX tokens in the AMM.
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