Member-only story
Telos is a blockchain project created by the community, led by the community and is for the community. This is why Telos did not hesitate to commit 1 million TLOS for anyone that is excited to share their excitement of all that it has to offer. You might ask, “What does Telos have to offer?’ Well, a lot!!
Let me just share a few! Telos will be capping the amount of TLOS tokens to those listed on EOS genesis snapshot at 40,000, thereby removing the damaging effect of whales that everyone in the EOS community has been complaining about. This also reduces the amount of TLOS tokens to about 330 million or less which will add value to token holders. Most people agree that the less tokens a project has the more value it has except the project does not create any value which is exactly the opposite of what Telos is doing.
Telos will have an annual inflation of 2.5% which is half of that of EOS. Lower inflation means that the tokens are not diluted in the long run. Inverse voting will be applied to Telos which means that the less block producers you vote for the less the weight of your vote. This means that if you vote for 1 or 2 block producers, your votes have less weight than if you vote for 30. Telos will have mechanisms to curb the price speculation of RAM so that Dapp developers can focus on building ground breaking Dapps instead of worrying about the price of RAM. I can go on and on but you get the point! My excitement is off the charts, but let’s get to how you can earn community rewards
First of all, the Telos network might be launching as soon as October the 19th depending on…