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TOKEN EXCHANGE SYNTHETIC
Assets pairs getting tokenized is not a new thing. It has always excited in the regular financial market with assets have derivatives and these derivatives being sold to invesors. But with cryptocurrency and the amazing solution the TES developers have brought, these leveraged asset pairs on TESECOSYSTEM are built on Ethereum, and the security procedure to register and be a part of the system is simple.
What is Token Exchange Synthetic?
These are tokens created in pairs that can be leveraged – and these pairs behave much in the same way as ETFs. What this means is that there are sets of assets that are tokenized and paired, and then given to investors, or better yet, members of the TESECO community to invest in and make commissions from.
Before we move any further, it is imperative we explained what ETF means. This way it is easier to grasp the concept behind TESECO.
ETF means Exchange Traded Fund. This is a security that tracks a sector, or another asset, but can be purchased or sold as a stock on the stock market.
Still doesn’t make sense?
Imagine an orange is the main asset. Then somebody creates an orange juice off that orange, such that whatever happens the orange juice is inevitably what will happen to the orange, or nearly similar thing will happen to the orange.
So, while the orange juice is good, it is not the orange, just something derived off the orange and used as tracker for whatever happens to the orange, which is the main guy.
WHAT MAKES TES SPECIAL?
This question is one of the most asked question when investing in the cryptocurrency space. The rate at which new solutions are popping up in the cryptocurrency space, it is only normal to ask,
what makes thus different?
NO KYC: This is security procedure that helps cryptocurrency platforms verify their customers identity. KYC stands for Know Your Customer. When cryptocurrency platforms such as Binance wants to confirm the identity of each user. But with TES, you don’t have to verify your identity.
This gives you absolute anonymity.
There is no rebalancing:
In many leveraged tokens, the platforms require some form of rebalancing so as to reach a margin. Rebalancing means that the orginal structure of the portfolio is restored. With TES, you don’t need to rebalance your portfolio.
Liquidity providers Drive the growth of the community:
As a community, when people stake or add to the pool, the value of the community’s token increases.
When you leverage trade, your assets will never be liquidated:
As an investor, the value on which each asset pair is hinged on – ETH – means that you will never lose out when you leverage your TES asset pairs.
Lifetime liquidity for token pairs:
Risk is redistributed since tokens act as forecast: There are two major tokens: long token, and short token. You can use these tokens are a forecaster for the main cryptocurrency on the platform: Ethereum. As a forecaster token, you can predict the rise of Ethereum based on how well a token – whether ETHLONG or ETHSHORT — rises. If ETHLONG rises by 30%, for example, you can forecast a possible rise in Ethereum’s value on the platform, and vice versa.
For more information kindly access the links below
Website:
https://tes-token.com
Whitepaper:
http://tes-token.com/TES_WP.pdf
Twitter:
https://twitter.com/TESyntetic
GitHub:
https://github.com/TESECO/TES-token
Author : Dulo Wegner
Btt Profile:
https://bitcointalk.org/index.php?action=profile;u=2166415
Tes Address:
0x216CB84Fea07eB219c27AE40d7049Fd627344aBC