On 1/21/2024, $TEC officially launched on the Harmony Protocol Blockchain. The main purpose of the $TEC token is to build a sustainable financial ecosystem that offers incentives to validator delegates, token and NFT holders, and liquidity providers. Furthermore, $TEC establishes a DAO community that allows token holders to be involved in the governance of the protocol.
SUPPLY AND DISTRIBUTIONS
Total Supply : 500,000,000
Circulating Supply: 250,000
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Developers: 75,000,000 (15%)
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Airdrops/Rewards: 75,000,000(15%)
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Treasury Reserve: 100,000,000 (20%)
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Community Liquidity Providers/Pools: 250,000,000 (50%)
CONTRACT ADDRESSES:
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TEC : 0x0DEB9A1998aAE32dAAcF6de21161c3E942aCe074 (Harmony)
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SWAP ONE/TEC LP : 0x9C1D229f2bF8436052ae294459061c06CF504e39 (Harmony)
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SWAP ETH/TEC LP : 0xd507dd1E888Cb3ad4854c7E23cE040AA529f6720 (Harmony)
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SWAP 1USDC/TEC LP : 0x3A3712ab4201820990A75967a1b73F21C478721A (Harmony)
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SWAP arbUSDC/TEC LP : 0x6d5423C9C76F5DdB3A2C8979152e5Eafe3ce54Da (Harmony)
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TEC Viva DAO Fund : 0x30A0Bb8F3e6AB88c08852E92e60f710a67417C8f (Harmony)
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TEC Rewards Safe (Multisig) : 0xFBD1b5568D029185DE9610ee53720EffBa81113c (Harmony)
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TEC Rewards Fund : 0x9E97e2365e068ca62F35E0c71c6af2679987eC8C (Harmony)
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TEC Treasury Reserve : 0x452d826821cC8C8E1ce133eb52ec2eCf8DEE4834 (Harmony)
How to get $TEC?
- Monthly AIRDROPS will be sent to delegates of the TEC Viva Harmony Validator. Check our Discord for the rewards-feed channel to monitor for snapshots and distribution schedules.
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NFT Holders (pending) will be eligible to receive promotional airdrops
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Community collaborations
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DEX: Swap.country
What is the utility of $TEC?
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Governance token - HODL for greater contribution to TEC protocol governance.
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Support the $TEC protocol by providing liquidity to the Community Liquidity Pools and earn trading fees and opportunities for rewards.
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Trading within the protocol owned liquidity pools will collect 50% trading fees for users that vote within DAO supported proposals. Trading fees will be converted to $TEC and sent to the DAO fund for governance administration. Fees collected will be distributed shortly after the conclusion of each proposal.