TenEX (TENEX)

What is TenEX

Tenex represents the future of central marketplaces, customized specifically for trading and serving as a premier liquidity hub. Our next-generation Automated Market Maker (AMM) merges the robust, time-tested security of Uniswap with an advanced incentive mechanism, an intricate governance framework, and a refined, user-friendly interface to ensure a superior trading experience.

What we aim to achieve?

• Central Liquidity Hub: Tenex is designed to facilitate token swaps and generate fees from traders by attracting liquidity, offering traders low-cost swaps, providing liquidity providers with a sustainable and consistent yield, and enabling protocols to efficiently build and maintain liquidity for their tokens.
• Provide Sustainable Yields to Liquidity Providers: Each epoch, liquidity providers (LPs) receive $Tenex token emissions based on the votes their pools accumulate. Only staked liquidity within the protocol gauges qualifies for these emissions, ensuring a fair distribution of sustainable yields.
• Cost-Effective Solution for Protocols: Participants can lock their $Tenex to vote on the next epoch's emission distribution, becoming veTenex voters. This system allows protocols to build liquidity for their tokens without causing hyper-inflation.
• Incentivized Governance: veTenex voters are rewarded for their votes with 100% of the protocol trading fees from the previous epoch, plus any additional voter incentives from the current epoch. Rewards are proportional to the amount of $Tenex locked.
• Supporting New Protocols: Tenex provides the necessary tools for new protocols launching to bootstrap liquidity and sustain growth, fostering the continuous expansion of the De-Fi ecosystem.
• Open-Source and Modular: The protocol is entirely open-source and modular, removing integration barriers and encouraging widespread adoption within the De-Fi ecosystem.