Tethereum [OLD]

1. Summary

Ranks

Liquidity

-

Developer

-

Social

94

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000501267 0.0%

Market Cap

$0.00 (#8549)

Supply

/

Tags

BNB Chain Ecosystem

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Price
52W High price	$0.000171454400
52W High date	3rd Jun 2024 (5 months ago)
All Time High (ATH) Date	18th Nov 2024 (6 days ago)
All Time Low (ATL) Date	18th Nov 2024 (6 days ago)

Supply & Trading Volume
Trading Volume (24h)	$140.00

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Description

What is Tethereum?

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What is Tethereum?

Tethereum is a decentralized exchange native to BNBChain, allowing users to swap tokens without intermediaries. It shares similarities with platforms like UniSwap, Sushiswap, and Pancakeswap, but specifically focuses on BEP20 tokens, developed by Binance, for compliance with the broader Binance ecosystem.

Understanding BEP20 Tokens

BEP20 is a token standard developed by Binance that ensures compatibility with the ecosystem's decentralized applications (dApps), wallets, and other services. This standard is a checklist of functions that enable new tokens to function seamlessly within the Binance environment.

How Does Tethereum Work?

Tethereum operates on an automatic market maker (AMM) system, requiring no order books or intermediaries for trading. Liquidity pools, provided by investors from around the world, facilitate trading by matching supply and demand. With this system, users can trade instantly without needing to wait for order matching. #### Governance Token - T99 The T99 token gives holders governance power over the Tethereum project. Specifically, 1,999,999,999 T99 tokens in a wallet grant 20% governance power and voting rights for the project's development and marketing. This governance mechanism allows users to participate in decision-making and contribute to the growth of the project.

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