What is the $TEN Token of @tenprotocol? Understand it in one minute 👇

In the Web3 world, issuing tokens is not the goal, but rather a means.
The TEN Token $TEN is not a tool for "cutting leeks", but a truly useful and sustainable core mechanism.

📌 What is $TEN for?
It is not meant for speculation, but rather as a fundamental tool for community participation in governance, incentivizing node operations, and maintaining network security.

📌 What is it used for now?
During the network launch phase, transaction fees and rewards are settled in ETH, while $TEN is used for community proposals and voting, which means the governance function is launched first.

📌 What is it useful for in the future?
As the TEN network matures, $TEN will gradually be used for: node rewards and staking, network challenge and penalty mechanisms, application development incentives, and ecological support.

📌 How is $TEN allocated?
40% to investors
38% reserved for the community (for development, incentives, operations)
17% to early contributors
5% for community airdrop, rewarding those who truly participate.
✅ Key Point: No mindless airdrops, distribute according to contribution; no backdoor issuance, and no hype around destruction.

📌How the $TEN Token forms a self-consistent system in the TEN ecosystem:
1️⃣ Users Pay Transaction Fees
When users use the TEN network, they will pay a certain amount of $TEN as a fee.

2️⃣ Nodes Receive Rewards
These fees will be distributed as rewards to nodes participating in verification and task execution.

3️⃣ Nodes Stake $TEN
In order to participate in the network operation and earn rewards, nodes need to first stake $TEN as collateral to ensure their honest behavior.

4️⃣ Governance Mechanism
Through the governance mechanism, the community can challenge malicious nodes and review network proposals. The voting or challenging process required for governance also needs to use $TEN.
In summary, $TEN is the governance hub and incentive fuel of the TEN network, starting with "usability" and then moving to "value".

#Snaps @cookiedotfun @cookiedotfuncn