Teneo Finance (TEN)

What is Teneo Finance

Teneo is a sustainable incentive-backed ecosystem allowing holders to earn passively while opening new arbitrage opportunities for those who seek short-term gains.

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.

TenXXX Tokens are subject to “reflows” — a value-accrual process that redistributes fees collected directly to holders in the same cryptocurrency as the one initially minted.

Teneo aims to incentivize long-term holders by implementing a fee-based system every time someone transacts with a tenXXX Token, whether it is from the AMM or through the use of DEXs.

This way, holders of tenXXX Tokens can benefit from both inflows and outflows of capital by profiting off the increases in volume.