TELOS T-Bonds sale has been completed as a huge success. In just over 10 days, all Telos T-Bonds were sold out, raising a grand total of 6.58184352 BTC. This amount was above the planned target and now the Telos team moves to the second phase two of the TULIP plan (Telos Uniswap Liquidity Implementation Plan) which will be the integration of TLOS with the Ethereum blockchain and the presale of ERC-20 TLOS tokens.
Telos ERC-20 Token presale on Bounce Finance opens March 1, 2021
The Bounce Finance TLOS presale will start at 17:00 UTC, on Monday, March 1st, 2021 at https://bounce.finance/
A grand total of 20 million TLOS will be on offer in a single tranche, which equates to approximately 10% of the circulating TLOS supply. The Uniswap launch will then take place no later than 24 hours after the close of the ERC-20 token presale on Bounce.
Strategic OTC purchases are available, please contact the Telos team about this.
More details about Presale, Uniswap, and the future of TLOS token.
The ERC-20 tokens available in the presale will be sold at a higher price than the native TLOS tokens currently available via exchanges. However, the presale price will represent a discount on the Uniswap listing price.
The price of TLOS ERC-20 tokens in the Bounce presale will be announced 24 hours prior to the presale beginning, as will the expected listing price on Uniswap.
Once the presale is complete, which could be a very short window, a Uniswap trading pool of ETH and TLOS raised from the presale will be locked for two years to ensure long-term liquidity on the Uniswap platform and ongoing liquidity for TLOS.
Presale buyers, and the Ethereum community, will then have up to a week to exclusively trade or add to the liquidity pools on Uniswap before the pTokens bridge opens allowing tokens to pass effortlessly between the Ethereum and Telos blockchains.
Native TLOS tokens will remain the system token that empowers millions of applications and thousands of high-speed transactions on the Telos network; and will be used within the vast Telos ecosystem for Telos DeFi, Rex Staking, and more.
Within 1 week of the Uniswap listing, the pTokens bridge will be live, and will allow the two-way trading of native TLOS tokens for ERC-20 TLOS tokens pegged 1:1; making it quick and effortless to redeploy your TLOS on the blockchain of your choice.
Some funds from the presale will be put towards listing fees for tier-one exchanges, such as Kucoin, and creating dedicated liquidity pools, ensuring TLOS will be available in more markets. Furthermore, a large pool of pETH and native TLOS tokens will be locked into the Tswaps DeFi platform on Telos, ensuring that high liquidity exists on both sides of the pTokens Ethereum-Telos Bridge.
Ultimately, the goal of the Telos blockchain is not to replace Ethereum, or any other blockchain, but to work in tandem – via the pTokens bridge that allows TLOS holders to put their TLOS to work in staking, DeFi, dapps and more cross-chain.