what's Telos?
Telos is a third-generation blockchain platform designed for high-performance decentralized applications, emphasizing scalability, security, and low-cost transactions. It operates as a delegated proof-of-stake network, enabling thousands of transactions per second with sub-second finality and near-zero fees. Telos supports smart contracts in WebAssembly, facilitating developer-friendly environments for dApps in gaming, DeFi, and social platforms. Recently, Telos has advanced privacy capabilities through zero-knowledge proofs, allowing private transactions for any token or contract across its ecosystem. This builds on its foundational architecture, which includes a three-layer structure for resource allocation, governance via on-chain voting, and energy-efficient consensus. The native token TLOS powers staking, governance, and network fees, with deflationary burns on transactions to enhance scarcity.
Telos integrated Jumper Exchange, enabling single-transaction cross-chain transfers.
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ethereum
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binance-smart-chain
avalanche
polygon-pos
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Integrated with Jumper Exchange to enable cross-chain asset transfers to Telos in single transactions.
An involuntary bankruptcy filing against Caleb McMeans and Delaware Chancery receivership over Stream Trading Corp are proposed, with Telos listed as a creditor alongside Euler, Re7, Elixir, MEV, Morph, and Silo. The two-step legal approach aims to install a fiduciary with subpoena and clawback power to protect creditor recoveries.
Telos Consilium applies rescue plan to Stream Finance Vaults.
Telos NFTs are now available on Rarible marketplace with full trading and launching functionality, featuring a points rewards system for every trade. An NFT drop is planned to launch the integration.