@cryptotexty
edited
more from that month
Telos raised more than $100K in 24 hours with T-Bond Sale
T-BONDS sale in the Telos ecosystem has been a massive success so far. T-Bonds are in these denominations: 1,000 TLOS | 5,000 TLOS | 10,000 TLOS | 50,000 TLOS | 100,000 TLOS. And at the moment of writing this article, some T-bonds are still available for same on https://tbond.areaxnft.com/ If you are planning to buy, use referral cryptotexty1 (this is my Telos account, and I will get some bonus) The amount of the funds raised can be easily checked by the monitoring admin.tbond TELOS account (which is controlled by multi-sig) and at the moment of writing these lines the account has 3.56264932 PBTC (wrapped BTC on the Telos blockchain). https://telos.bloks.io/account/admin.tbond **Suvi Rinkinen**, CEO of the Telos Foundation said that this sale proved that new financial instruments on the blockchain can be both simple and innovative. https://www.telosfoundation.io/ "*The T-bond success gives some serious firepower to the bounce raise and uniswap listing....the liquidity we can provide for the TLO ERC-20 markets is bigger than we all expected. The bigger the better though!*!" - commented Ben Mason Douglas Horn CEO of GoodBlock, dStor and Telos whitepaper author shared his thoughts for the future development with the community: *The following is entirely conjecture and not investing advice! I only want to share my vision for how T-Bond NFTs could rapid evolve the defi space overall and especially on Telos...* *The 1,000 TLOS T-Bonds are going to be the bulk of our secondary market, I expect. There will be less trading of 100k tlos bonds perhaps when tlos is $5 in a year but with a year to go still on the bonds. But they will be awesome to use as collateral for defi loans etc. The collateral potential of T-Bonds is going to blow people's minds I think. They are practically made for that. You will basically be able to lock up a T-Bond in a loan protocol and re-liquify a percentage to use for defi at a fee that's probably less than what you're earning* *Imagine pledging your T-Bond NFTs and getting liquid TLOS that you can ALSO deposit in REX for example or any other kind of yield farming that emerges on Telos.* You can learn more about Telos on **https://telos.net/** and speak with the community in **Telos telegram group** https://t.me/HelloTelos
No comments yet