Tenset Price(10SET)

Tenset is a blockchain initiative that aims to simplify and enhance the interaction between traditional financial institutions and the burgeoning world of cryptocurrencies. Central to this initiative is $10SET, its native token, which plays a vital role in the operational dynamics of the Tenset ecosystem.

At its core, Tenset embodies a deflationary model, where 2% of transaction fees are systematically burned. This mechanism is pivotal as it limits the total supply of $10SET, theoretically enhancing its scarcity and, consequently, its value over time. Alongside the deflationary aspect, holders of $10SET can engage in staking, allowing them to earn rewards based on their holdings. Moreover, another 2% of transaction fees is directed towards a program known as “Infinity,” which rewards long-term holders and users who stake NFTs, thereby promoting further engagement and loyalty within its community.

Tenset also features a launchpad that is instrumental in supporting and accelerating the growth of promising new projects within the cryptocurrency space, positioning itself as a vital cog in the development of the blockchain ecosystem.