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Telos

Telos TLOS Price $ 0.270

Rank: 413

594 Watchlists

Chain

TLOS Price

0.270
5.44%
(-$ 0.0155)
Price Range
LowHigh
$ 0.270$ 0.291

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Coin

Funds and Backers

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Description

A TLOS token is used on-chain for staking CPU, RAM, and REX lending resources that power the utility of this powerful network.

Telos (TLOS) Chart

The Telos to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

TLOS to USD Converter

Telos (TLOS)TLOS

TLOS Price Statistics

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Market Cap

$ 111.85M

FDV

$ 113.21M

ATH Market Cap

$ 364.73M

24 Trade Vol.

$ 4.90M


Vol. (24h) / MCap

0.0438

Total Supply

TLOS 420,000,000

Circulating Supply

TLOS 414.95M

(98.8% of Total Supply)

Listing Date

11 Mar 2021

All Time High

$ 1.43

7 Feb 2022


All Time Low

$ 0.0609

20 Sep 2023


From ATH

81.2%

From ATL

342.4%

What is Telos (TLOS)?

Telos is a blockchain platform that is designed to be used for a variety of purposes across different sectors. The platform is NFT compatible as well as smart contract programmable. Telos was founded by a group of EOSIO software enthusiasts, as such, it runs on the EOSIO software, but it uses a modified genesis block. In this manner, it is both EOSIO compatible and EVM compatible. The project launched in 2018 with no ICO and without any VC funding, this makes it unique and arguably more decentralized than other blockchain platforms.

TLOS is the native currency of the Telos blockchain and powers the entire ecosystem. The coin is used for governance, resource ownership, and more. Its current total supply is 355 million.

What are Telos Pay’s key features and how does it work?

Part of Telos’ vision is to make the most of and improve upon the EOISIO software, in particular its consensus mechanism known as Delegated Proof-of-Stake (DPoS). DPoS on Telos consists of 21 “active” validators. Validators are chosen by Telos stakeholders. Active validators are in charge of running a node that keeps an updated version of the network transaction history. Another group of validators are on “stand-by” in case of any failures or problems with the main ones, they are also rotated into the top 21 validators periodically to prove they are still capable of validating transactions.

Some key features of this consensus mechanism are the relatively fast 0.5 second block production times, and therefore transaction speeds. Additionally, the platform is able to keep transaction fees to a minimum. Applications and their developer teams also have the opportunity to stake TLOS and absorb pay-to-use user gas fees. In this way, app users do not have to pay small transactional fees for using any decentralized apps running on the network.

Block producers and other important ecosystem players are rewarded in TLOS from the network’s reserve funds.

What is noteworthy about Telos?

The network makes use of a novel on-chain governance voting system, known as Telos Decide. Telos Decide is built as a service that can provide a chain-wide voting platform to developers, organizations, and also general users. As such, Telos Decide offers a variety of DAC/DAO tools for users and developers, this includes:

  • Secure Ballot Hosting - Users can create public ballots and choose a token for voting of their choice.
  • Advanced Voting Methods - Different voting methods can be used to personalize token weights during ballots.
  • Custom Token Treasuries - Treasuries can be created that adopt Telos Decide’s range of voting products, these can be used to create votes and ballots of projects using tokens other than TLOS.

Where can you buy TLOS?

TLOS is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Probit, KuCoin, and Gate.io. The price of TLOS will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for TLOS market price, please view the price charts on this page.

Telos Price Today

Telos's current price is $ 0.270, it has dropped -5.44% over the past 24 hours.

Telos's All Time High (ATH) of $ 1.43 was reached on 7 Feb 2022, and is currently -81.2% down.

The current circulating supply of Telos is 414.94 Million coins, and the maximum supply of Telos is 420.00 Million.

Telos’s 24 hour trading volume is $ 4.90 Million.

Telos (TLOS) operates on its own blockchain.

Telos's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 111.85 Million.

You can find more details about Telos on its official website and on the block explorer.

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