Tenset (10SET) token has been launched in January 2021, using Ethereum erc20 protocol. It's a new generation ETF2.0 deflationary token with a smart staking system, that bridges cryptocurrencies with the stock market. Tenset adds a 2% transaction fee to every transfer. Half of the fee is burned creating a deflationary effect and another half is automatically distributed to all token holders. No need to freeze it or hold it in any special wallet. What is Tenset (10SET) | What is Tenset token | What is 10SET token
10set token has been launched in January 2021, using Ethereum erc20 protocol.
It's a new generation ETF2.0 deflationary token with a smart staking system, that bridges cryptocurrencies with the stock market. Tenset adds a 2% transaction fee to every transfer.
Half of the fee is burned creating a deflationary effect and another half is automatically distributed to all token holders. No need to freeze it or hold it in any special wallet.
Total supply: 204,476,002 10SET
Staking 10set works via the RFI mechanism. There is no need to freeze tokens or store them in any special wallets. Staking works for everyone, always.
This generates passive income, keeps some tokens out of circulation and encourages HODLing.
Our Smart Contract adds 2% fee to each transaction and splits it:
1% fee is proportionally divided to all 10set users, which incentivises HODLing.
1% is automatically BURNED, which reduces the overall 10sets circulation.
Each token is backed by a collection of cryptocurrencies, and later shares, generating passive income through staking, loans or depositing.
A part of company's profits is used to buy back 10set tokens from exchanges. Those tokens are burnt, which boosts its price and creates deflation.
We are establishing a set of procedures and rules governing communication between Smart Contracts, an EOA, VISA accounts and real world exchanges.
We will also set up automated transfers of dividends directly from and to bank accounts.
Where can I learn more about the project?
We encourage you to read carefully our Whitepaper, the information on our website and follow our Telegram channel, where we announce all important updates of Tenset project.
How does your pre-sale work?
On 16th of February we are opening the registration to the Whitelist of our Global presale. It's necessary to register your ETH address, so that our Smart Contract will accept your payment.
During registration we will also ask for your name and your email address to communicate with you our most important announcements.
How many tokens can I purchase?
During our Global presale, you can purchase between 1000 and 1,000,000 10set tokens, which corresponds to the payments of between 0.1 to 100 ETH.
The limits are here to protect the 10set economy from individuals who may own too many tokens.
How can I pay for 10set tokens?
We accept payments via ETH from the address provided when registering on our Whitelist. ETH is the only available form of payment. We do not accept bank transfers, payments by credit cards, online wallets or PayPal.
When will I get my 10set tokens?
10set tokens are being send automatically by our Smart Contract.
The delivery time depends on the speed of ETH network at the moment of payment and selected gas price.
Can I use any ETH address?
Most of the exchanges do not allow tokens to be kept on their ETH addresses.
Please do not use wallets from any exchanges! This may result in permanent lost of funds. Use only dedicated, local wallets in which you have access to the private keys.
Any wallet compatible with ERC20 protocol will also accept 10set tokens, the details how to use any specific wallet will be described separately in the documents section.
How to convert 10set tokens to ETH?
Converting 10sets for ETH will be possible on various exchanges, starting with Uniswap. This will be possible towards the end of the first quarter of 2021.
Once you have ETH, there are many ways to convert it to fiat currencies of your choice. If you don't have your favorite exchange method yet, we recommend Binance.com.
How do 10set tokens generate profits?
The value of 10set tokens depends on demand and supply. Our token is aggressively deflationary, because it has multiple features that ensure its value to grow over time.
Each transaction within the 10set network adds 2% fees, which works as follows:
Does my staking work? I don’t see any changes.
Yes, our staking works automatically on every wallet supporting Etherium ERC20 protocol.
Please check how the balance increases on https://etherscan.io, simply paste your ETH address and select 10set from the menu with assets.
Some other websites may show the balance with some delays, so please use the Etherscan.
How do I add 10set tokens to my wallet?
Depending on the wallet that you use, please follow one of the instructions below:
MyEtherWallet (MEW) MetaMask Ledger Trust Wallet Exodus and Private Keys
If you have a different wallet that supports ERC20 tokens, please google “name of your wallet + how to add a custom token", and follow the instruction you will find.
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10SET is now live on the Ethereum mainnet. The token address for 10SET is 0x7FF4169a6B5122b664c51c95727d87750eC07c84. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don't have a Metamask wallet, read this article and follow the steps
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy 10SET token
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Find more information 10SET
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. You are responsible for what you do with your funds
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