TOKEN EXCHANGE SYNTHETIC REVIEW
Introduction
Decentralized assets are fast becoming the norm, with many investors looking for a platform where they can make commissions from making these tokens available in a liquidity pool. This growing need for a safe space for transacting decentralized assets, especially with utmost anonymity was the reason behind the Token Exchange Synthetic (TES).
With TesECO, there are several benefits, but the one that readily stands out is the uselessness of KYC.
Yes, with TesECO, you can transact several tokens and provide liquidity for community users without going through KYC.
LET’S GET DEEPER INTO TesECO
The increasing number of investors looking for a place where they can easily leverage ETFs led to the creation of TesECO.
TesEco completely takes out a lot of the risks investors bore in the past when they (investors) wanted to trade and leverage on decentralized tokens.
HOW DOES TesECO WORK?
The working mechanism of the platform is simple: when traders and investors want to use EFT – whether to trade or provide liquidity for people – they can easily run to TesCo because it assures them of both identity security and assets security from fluctuating prices in the ETH marketspace.
There are several pair assets that investors can invest on, and traders and trade with.
When cryptocurrency assets are paired, there is a tendency that the price falls when the coin it’s pegged against falls. But not TesECO. The team at TesEco designed the solution such that the frequency and number of activities carried out by investors on the platform is the determining factor for maintaining price stability of the pairs.
HOW TesECO CHANGED THE GAME COMPLETELY
TesEco has been able to, since their inception change how liquidity pools and staking are done.
Token pairs on the platform are not isolated, i.e., their financial value on the platform are not tied to just one collateral sources. Instead, the value of each liquidity pair is hinged on the volume of liquidity people in the platform provides.
When it comes to collateral pool, the number of assets that you can create as an investor is eneormous. You can create as many token pairings as you want, whether it is long or short tokens.
When you stake your tokens on liquidity providers, at the end of every month, you get a commission from the pool.
How does it work, you ask?
Let’s see the liquidity pool as a big bowl where people drop their tokens into, and then from this big bowl, people who need quick loans ae given loans.
Now, as a person who added to the big bowl, whatever commission and dividend that comes from those loans, you get a part of it.
So, your reward for “helping” people are the commissions you are given at the end of every month.
When you have accumulated interest, you can easily withdraw the interest while “your contribution” is not affected. So, let’s say for example the interest your “staked token on the pool” is $500, you can withdraw the $500 while the “staked asset” still remains.
For the system to mint tokens for you, you need ETH.
When you engage in leverage trading on the TesECO platform, you can rest assured that you bear no risk. The platform bears all the risk, and you get all the gains.
All assets on the platform have 100% lifetime liquidity. This means that you can rest assured that the value of the assets are not disappearing anytime soon, and their pairs will be on the platform for life.
For more information kindly access the links below
Website:
https://tes-token.com
Whitepaper:
http://tes-token.com/TES_WP.pdf
Twitter:
https://twitter.com/TESyntetic
GitHub:
https://github.com/TESECO/TES-token
Author : Dulo Wegner
Btt Profile:
https://bitcointalk.org/index.php?action=profile;u=2166415
Tes Address:
0x216CB84Fea07eB219c27AE40d7049Fd627344aBC