TLN Plus (Up to 200% Leverage)
TLN Plus is a unique token minted and distributed by the TLN Protocol as a reward mechanism for referring liquidity providers to stake in TLN.
Collecting TLN Plus
Referral Rewards: In addition to TLN Gold rewards for personal staking, you can collect TLN Plus tokens by showing others the TLN Protocol staking opportunity. After consideration, if they then choose to stake, you will collect additional TLN Plus, if they fall within your sphere of influence.
Using TLN Plus
TLN Plus tokens offer three primary utilities:
Borrowing Capacity for a normal to your wallet v$ loan. TLN + serves as a measure of borrowing capacity within the ecosystem:
Each TLN + 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 $1 worth of VOW tokens.
Provide collateral equivalent to 18% contract fee rate in VOW tokens.
Burn 1 TLN + token to initiate the loan.
TLN + tokens do not expire, so they can be used to borrow v$ at any time subject to a lender being available.
Borrowing Capacity for up to 2 X Portfolio VOW Booster Loan. TLN + serves as a measure of borrowing capacity within the ecosystem:
Each TLN + token allows its owner to borrow 2 v$ (VOW Dollar) for a period of 372 days if they pay the contract fee (18% in v$) up front.
Or.. each TLN + token allows its owner to borrow 0.25 v$ (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 + token to initiate the loan for every v$2 or v$0.25 to be borrowed for the purposes of buying VOW and locking it (depending on payment of contract fee upfront or at the end)
v$ Loans in this manner are used exclusively to by VOW and lock it.
Market Trading: TLN + 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 + 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 + has a dynamic, market-driven value.
Long-Term Value: With no expiration date, TLN + tokens provide ongoing borrowing opportunities.
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