🏛👛 DAO Wallet 👛🏛

Explains the role of the DAO Wallet in the Teneo ecosystem

The collected fees in the DAO Wallet will be redistributed to the Teneo supporters as described in the following:

There will be buybacks which will be used to incentivize liquidity providers, the Teneo token price, and the development of the project.

Let's say there are 5 liquidity pools of a tenXXX Token. 10% of toFund goes to the development fund.

x = 90% of to fund

x/6 -> 1/6 is bought back and redistributed to the LP-Token staking program. 1/6 is bought back and redistributed to the LP-Token staking program. ... 1/6 is bought back and redistributed to the LP-Token staking program. 1/6 is bought back and redistributed to Teneo single staking program.