Question 1

What is Teleport (TeleSwap)?

Accepted Answer

Teleport is a decentralised finance (DeFi) platform that includes a decentralised exchange (DEX) called TeleSwap. The platform allows users to swap, trade, and provide liquidity for various cryptocurrencies in a trustless and permissionless environment. It focuses on providing a seamless DeFi experience and incentivises user participation through rewards mechanisms tied to its ecosystem.

Question 2

What is Teleport System Token (TST) used for?

Accepted Answer

The Teleport System Token (TST) is the native utility token of the Teleport ecosystem. It serves several purposes, including:

* **Governance:** TST holders can participate in the governance of the ecosystem by voting on proposals and decisions that shape the future of the platform.

* **Liquidity Incentives:** TST is used to reward users who provide liquidity to the TeleSwap platform, encouraging participation and supporting the ecosystem's functionality.

* **Ecosystem Utility:** TST facilitates various activities within the Teleport ecosystem, including its use as a transactional and incentivisation tool to drive engagement.

Question 3

Who created Teleport System Token (TST)?

Accepted Answer

The Teleport System Token (TST) and the Teleport ecosystem were co-founded by Mahyar Daneshpajooh, who plays a key role in the development and growth of the project.

***Although 'TST' was the ticker assigned at the deployment of the Teleport System Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'TELEPORT' has been adopted for this token. This designation ensures that assets are distinctly identified.***