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πŸ›πŸ‘› DAO Wallet πŸ‘›πŸ›
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.
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