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TUTORIALS / 22 Jun 2021

Telos Token (TLOS)

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TLOS QUICK STATS:

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CREATION DATE:Dec 12, 2018
DEVELOPMENT STAGE:Fully released
CURRENT SUPPLY:270,123,443
TOTAL SUPPLY:355,208,370.6674
ALGORITHM:Delegated Proof of Stake (DPOS) - Independent L1 blockchain using EOSIO protocol
PROOF TYPE:DPoS
TARGET SPACING:0.5 secs (2 blocks/sec)

Telos token (TLOS) is the native token of the Telos blockchain, powering every transaction, dApps, staking, and more. Created in 2018, the total supply of TLOS is 355 million while the current supply sits at around 270 million tokens. 

TLOS holders, excluding exchanges, can also take part in the blockchain governance, powered by Telos Decide™– a governance engine for transparent, immutable, and user-friendly governance for any case. 

With the recent integration with CoinPayments, merchants can now store, accept, and receive $TLOS!

“This long-awaited integration brings Telos free and instant transfers to the CoinPayments, WordPress and WooCommerce communities. This is another great achievement for Telos. With its uncorrelated valuation, it will be of interest to Ecommerce store owners who have been unable to find the right cryptocurrency for online store payments.” – Roger Davies, Telos Launch Group member.

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