CryptoCurrencies
14011
Exchanges
500
Total Market Cap
2,548,377,579,490
Volume 24h
115,791,914,178
Dominance
BTC 51.08%   ETH 15.15%   USDT 4.31%   BNB 3.63%

Tethereum
T99

0.0001558
$
1.44 %
Change 24h
Market Cap
$ 604,545
Volume 24h
$ 351,806
Circulating Supply
3,878,729,995
Total Supply
9,989,988,999
T99
$
# Exchange Pair Price Volume 24h

Description

WHAT IS TETHEREUM? Tethereum Token and decentralised exchange native to BNBChain. In other words, Tethereum Exchange shares some similarities with established platforms like UniSwap, Sushiswap or Pancakeswap in that users can swap their coins for other coins without the input of middleman services. The only difference is that Tethereum focuses on BEP20 tokens a specific token standard developed by Binance. The BEP20 standard is essentially a checklist of functions which enable new tokens to perform in compatibility with the broader Binance ecosystem of dapps, wallets and other services. HOW TETHEREUM WORKS? For those unfamiliar with the workings of decentralised exchanges, they use a special system known as an automated market maker(AMM) so the entire process does not require order books or a single, intermediary company to facilitate trading. In essence, there is no need for an order matching system since traders trade against liquidity pools instead of counter parties. A liquidity pool in this context refers to funds deposited by investors – which can be anyone from around the world – in to smart contracts for the aim of providing liquidity to traders. With this system, buyers do not have to wait to be matched with sellers or vice versa. Whenever someone wants to trade one token for another, they simply deposit the token they have in to the pool and withdraw the other token they wish to receive and perform a kind of an OTC SWAP GOVERNING TOKEN - T99 Gives holders power to govern the Tethereum project, help with it's development and marketing. To be specific, 1,999,999,999 T99 in your wallet gives you a 20% governance power and voting rights.