Comparison between Telos EVM and other Chains
The Biggest news today is that the Telos Team is just about to kickstart the second phase of the TULIP, which is aimed at providing liquidity opportunities for TLOS, the network's native coin. The first phase of this plan led to the recent hike in the price of TLOS.
TELOS EVM
The Telos Ethereum Virtual Machine, (EVM) which has been silently operating for a while now will have it's Mainnet fully launched today 1st March 2021 by 17:00 UTC. Telos EVM allows smart contract written in Solidity (0.5.16 recommended) to deploy on the Telos Blockchain with same operation you can get from the Etheteum Network but more faster, with higer performance and at very low costs. The launch will commence alongside that of the TLOS ERC-20 token pre-swap. The prices and details have been decided upon by Block producers of the Blockchain. The token Pre-swap process will last for 72 hours or until tokens are sold out and will give investors the opportunity to buy Telos ERC-20 in exchange for ETH before launch on Uniswap 24 hours after. The Pre-swap will take place on https://bounce.finance and link will be available in the site when sale commences.
The swap will serve as a measure to raise liquidity which will fund the listing of TLOS on Uniswap and the funding goal is 1,500 ETH.
Read this article for guidelines on how to buy on Bounce finance.
https://telos.net/how-to-buy-on-bounce-finance/
TLOS tokens will be available on ETH:TLOS Uniswap liquidity pool.
Read about the Bounce sale and Uniswap pool here
https://telos.net/bounce-finance-raise-details/
Telos DeFi Airdrops:
In the Blockchain world today coupled with how digital the world is moving, Decentralized finance is percieved as the future finance which will positively affect the global economy. Telos Network is organizing a DeFi Airdrop today also where all TLOS hodlers will be rewarded with tokens of upcoming DeFi projects launching on the Telos Blockchain. To qualify for the Airdrop,
Simply create a Telos account here https://telos.net/create-account/ and save you private keys as they can't be restored if lost
Buy TLOS and HODL or Stake in any Telos compatible wallet and not an exchange. Hodlers of TELOS ERC-20 token will be airdropped too.
Information on when Airdrops will be delivered will be shared after today.
Wombat wallet supports Tlos. https://getwombat.io
USDT can be used to purchase TLOS on Probit.
Buy TLOS on Probit exchanger here https://www.probit.com/r/88161150
Download Telos web wallet here:
https://wallet.telos.net
As at the time of writing this article, the price of $TLOS is currently $0.29 with a daily increase of 8.24% according to Coinmarketcap and the coin will definitely experience a hike after the ERC-20 token is launched.
Visit Telos official website for more info: https://telos.net
Join the Telos Telegram community: https://t.me/HelloTelos
See you all at the top fellas!!