Synthetic Exchange Tokens

 introduction

Synthetix is ​​an Ethereum based convention for issuing synthetic assets. This allows individuals to exchange synthetic assets, not real assets. Basically, because synthetic tokens can carry real USD on-chain. Even so, the broker has no hidden assets but gets the same openness as trading the first resource. Assuming you already know about computerized resources like USDT, USDC, or TUSD, these are synthetic assets that are fully or not fully sponsored by genuine USD. Nowadays many people have used synthetic assets to exchange products or cryptocurrency markets such as sXAU (gold) Synthetix or other synthetic assets.

Discussing synthetic assets, maybe you will be interested in Token Exchange Synthetic. Token Exchange Synthetic or TES for short is an ecosystem that allows clients to exchange with leverage without the risk of liquidation. It is an all-encompassing monetary instrument arrangement that plans to expand the client's business profits without the need for KYC techniques or other complicated things.

ABOUT SYNTHETIC EXCHANGE TOKEN

An ecosystem that allows you to trade with leverage without risk of liquidation. Trading using leverage is actively used and known by every trader. The risk of getting a "margin call" is completely eliminated and this gives you the opportunity to increase your own profits. Unlike traditional traders, previous crypto traders were unable to use leveraged ETFs. The mission of «TES» in the cryptocurrency world is to provide zero risk of liquidation using leveraged trading.

There are several ways to achieve the goals set, not including calculation of the price is sustainable. Current prices result from Chainlink's price update sync. As a result of non-static leverage, balancing the asset pairs will give the asset 3X the amount with a difference of 1.5 to 4.5X.

Buy and sell

All "TES" assets originate from ETH at the current token price and guarantee 100% liquidity without initial offering. From here - tokens are burned when they are sold. The 0.4% commission will carry all tokens bought and sold from the smart store, and those who place their tokens will receive a distribution of all of the following fees.

Token «TES»

By generating commissions for buying and selling assets, as well as receiving profits for storage to ensure all operations, the «TES» token acts as part of the «TESECO» ecosystem. Keep in mind that project administration is centralized, which means «TES» is not a management token. According to the work plan, immediately after the launch of «TESECO», the TES bet will be activated. The calculated token percentage will be transferred to the LINK holder after a manual distribution request.

Next step

The next step is to distribute the TES to Chаinlink token holders along with light documents, launch a test network, and a road map. At the same time, we confidently predict the first asset «TESECO» 3X ETH / USD Long & Short pair.

Token "Long" "Short". How does it work?

The main difference from traditional leverage is that "Long" "Short" tokens are supported by ETH. The more ETH on the deposit - the more leveraged tokens. As a result, assets always have 100% liquidity. Using this decentralized model, the actual leverage of a particular token "Long" or "Short" is rarely 3x - but never above 4.5x or usually below 1.5x. You can see the actual leverage in the "Statistics" section of the application. The TesECO platform, by visiting our website tes-token.com, you can learn about it (currently in development) by joining the Ethereum network using MetaMask. Once connected, you can familiarize yourself in more detail with the interface, simple and intuitive.

Liquidity pool

In the right corner of the application, you will see the "Liquidity" section. This is where users can provide liquidity and receive commissions on the platform. In case of addition of ETH liquidity, liquidity is provided by ETHLONG and ETHSHORT tokens through the TesECO deposit contract. They also burn when the same liquidity is removed. In the future, apart from Ethereum, there will be more Long and Short tokens for cryptocurrency. It's worth noting that adding liquidity to the pool only gives you an advantage for this particular pair of assets. Staking Tests earn you income for the entire ecosystem - for all pairs of assets. By adding liquidity, you get shares. You can view the price and quantity of shares with the liquidity you have in the "Pool" section of the application. If you are familiar with the Uniswap pool, it works much the same way. When adding liquidity, you will see some changes in the information in the section `` Statistics '' below. Adding liquidity will not have a major impact on future TesECO statistics, especially if liquidity reaches a level similar to that of the Uniswap pair.

Token Distribution

TesECO's mission is to provide investors with access to leveraged decentralized assets operating on the basis of ETF principles. See the token distribution table. The basis of this percentage distribution is that the main task of our team is to develop the project.

Token Bounty
You can join the bounty campaign that our team will run. Follow us on social media for important updates (Twitter, Telegram).

20,000,000
TesECO platform

Coming soon
The highly liquid economic model is integrated into the TesECO application. Get used to it. You can use all the tools on our platform by clicking on the link. Increase your assets with TesECO.

THIS PLATFORM IS UNDER DEVELOPMENT AND IS PROVIDED FOR REVIEW
Staking Exchange
TES Stakers earn 50% of all trading fees on the TES exchange

  • Total TES staked: 0ETH
  • Bet: NaNTES
  • Wallet balance: NaNTES
  • Your Liquidity: NaNTES

Public Sale
30,000,000 TES tokens will be sold for project development.

Conclusion
TesECO's mission is to create unique products for the cryptocurrency market, integrating the foundations of financial instruments from traditional investment markets. Unlike traditional traders, previous crypto traders were unable to use leveraged ETFS. TES's mission in the cryptocurrency world is to ensure there is no risk of liquidation in leveraged trading

For more information:

Official site: https://tes-token.com/
Media: https://teseco.medium.com/
Twitter: https://twitter.com/TESyntetic
Telegram Chat: https://t.me/TesEC0
Telegram Channel: https://t.me/TESyntetic

Author: Amild
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828
My TES wallet address: 0xbf00577895715883E63C6694D33dA51b1cDEBDa8



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