Announcing Teneo’s IDO on MoonStarter
Dear Community,
We are happy to announce that Teneo has selected MoonStarter as one of their launchpads for their IDO.
About Teneo
Teneo is a multi-layered yield generation protocol based on the trading of pegged-tokens. Users can swap tokens for their ten-tokens counterpart and start earning fees generated from trading activities. Traders and arbitrageurs can earn from price deviations between ten-tokens. Liquidity providers for ten-tokens earn $TEN, the token powering the protocol.
Teneo’s built-in automated market maker (AMM) allows investors to lock in their cryptocurrencies and mint an equal amount of tenXXX Tokens, which is pegged to the original token and can always be redeemed at the pegged price — minus a small transaction fee.
For more details, please refer to the litepaper HERE.
Token Metrics
- Initial market cap excluding liquidity: $152,000
- IDO: $0.095; 25% at TGE and 25% every 2 weeks thereafter
- Read More about the Tokenomics
IDO Details
- Chain: BSC
- Date: 17 February 2022 at 12 PM UTC
- Price per token: $0.095; 25% at TGE and 25% every 2 weeks thereafter
- Total allocation: $100,000
How to participate ?
Please refer to our Medium article explaining our Tier System to get more info about our 2 paths to secure an allocation for Teneo. In order to participate, you have to complete the Google Form HERE before February 15th, 2022 at 11:59 PM (UTC).
For the Galaxy Path, you will need to start staking MNST by February 13th, 2022, at 11:59 PM (UTC), at the latest.
Whitelist results will be published on February 16th, 2022 at 1PM (UTC).
For the Competition Path, you will have to perform tasks of Gleam Competition. You can start by clicking HERE.
Important! You will need to hold at least 1000 MNST to qualify for the competition.
For both paths, KYC is required and you need to have it approved by February 15th, 2022 at 11:59 PM (UTC) — KYC Link HERE.
About MoonStarter
MoonStarter’s mission is to be the single-stop multi-chain launchpad for selected projects without distinction of the blockchain used. While the current project landscape is scattered and dependent on the blockchain used, MoonStarter aims to offer the possibility to launch on one or multiple selected blockchains, using only one token on the Binance Smart Chain.
