TLN Gold (Up to 400% Leverage)
TLN Gold is a unique token minted and distributed by the TLN Protocol as a reward mechanism for participants in the VOW ecosystem.
Collecting TLN Gold
Staking Rewards: TLN Gold is collected by staking DEX-issued liquidity pool (LP) tokens that are comprised of assets from the VOW ecosystem.
Using TLN Gold
TLN Gold tokens offers three primary utilities:
Borrowing Capacity for a normal to your wallet v$ loan. TLN Gold serves as a measure of borrowing capacity within the ecosystem:
Each TLN Gold token allows its owner to borrow 1 v$ (VOW Dollar) for a period of up to 372 days.
To borrow, under standard conditions the user must:
Provide collateral equivalent to $1 worth of VOW tokens.
Provide collateral equivalent to 18% contract fee rate in VOW tokens.
Burn 1 TLN Gold token to initiate the loan.
TLN Gold tokens do not expire, so they can be used to borrow v$ at any time subject to a lender being available.
Borrowing Capacity for 4 X Portfolio VOW Booster Loan. TLN Gold serves as a measure of borrowing capacity within the ecosystem:
Each TLN Gold token allows its owner to borrow 4 v$ (VOW Dollar) for a period of 372 days if they pay the contract fee (18% in v$) up front.
Or.. each TLN Gold token allows its owner to borrow 2 v$ (VOW Dollar) for a period of 372 days if they opt to pay the contract fee (18% in v$) at the end.
These v$ loans which can only be used to buy and lock VOW.
To borrow, the user must:
Provide upfront equivalent to 18% contract fee (up front or at the end) paid in v$.
Burn 1 TLN Gold token to initiate the loan for every v$4 or v$2 to be borrowed for the purposes of buying VOW and locking it (depending on payment of contract fee upfront or at the end)
v$ Loans in this manner are used exclusively to by VOW and lock it.
Market Trading: TLN Gold tokens can also be traded on decentralized exchanges (DEXs). Their market value is determined by the balance of supply and demand, as well as their liquidity in DEX liquidity pools.
Key Highlights
Versatile Utility: Whether for borrowing or trading, TLN Gold offers flexibility to participants in the ecosystem to access v$ against their VOW holdings with up to a 100% LTV.
Enjoy leveraged crypto acquisition.
Decentralized Market: Trading on DEXs ensures that TLN Gold has a dynamic, market-driven value.
Long-Term Value: With no expiration date, TLN Gold tokens provide ongoing borrowing opportunities.
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