A lot of people keep asking about what the utility of the $TET token is.
01 Sep 2023, 17:30
A lot of people keep asking about what the utility of the $TET token is. The $TET token is a bonafide utility token and here are its 6 main uses:
1️⃣ Mint Softnotes: The TET mint Softnotes, a groundbreaking transactionless product that enables instant, fee-free transfers. Currently, 1 TET equals 100 Softnotes, but looking ahead, it will represent just 1% of the Softnote face value, paid in TET.
2️⃣ Merchant Fees: All merchant fees are paid in $TET. As merchants accept Softnotes, they'll contribute to the vibrant ecosystem by utilizing TET for fees.
3️⃣ Tectum Layer 1 Gas Fees: The utility of TET extends to covering all Layer 1 gas fees within the Tectum ecosystem. Whether it's transferring $TET or any other project tokens launched on our blockchain.
4️⃣ T12 Token Standard Fees: Our upcoming Tectum T12 bridge for erc20 and bep20 tokens is set to revolutionize token standards. Transaction fees for bridged tokens will be paid in $TET.
5️⃣ Access to Pre-Seed Incubated Projects: By holding TET, you're not just a holder; you're part of our incubated project ecosystem. TET unlocks exclusive access to pre-seed project sales by Tectum Labs
6️⃣ Access to Tectum Products: Holding TET grants you exclusive access to our innovative suite of products, including TIA, XFA, and QuanMed AI and many more!
The TET token is more than just a token—it's the key to many possibilities within the Tectum ecosystem.