Skip to main content
Governance, staking rewards, and cross-chain utility in TED Protocol’s native token TEDP is the native token of TED Protocol. It follows the ERC-20 standard with ERC-20Permit (EIP-2612) support and enables cross-chain transfers via LayerZero OFT standard.

​
Token Specification

​
What Can You Do with TEDP?

​
1. Governance

TEDP holders can participate in protocol governance.
  • Vote on protocol settings (fees, supported chains, DEX integrations)
  • Propose new features and improvements
  • Participate in treasury allocation decisions

​
2. Staking Rewards

Stake TEDP to earn a share of protocol revenue.

​
3. Cross-Chain Transfers

TEDP uses the LayerZero OFT standard. Transfer freely across all supported chains without bridges or wrapped tokens.

​
Token Features

​
ERC-20 Permit (EIP-2612)

TEDP supports gasless approvals. Benefits:
  • Save ~50,000 gas on first swap
  • Better UX (single transaction)
  • No waiting for approval transaction

​
LayerZero OFT

TEDP is an Omnichain Fungible Token. Features:
  • Same native token on all chains (not wrapped)
  • Total supply always 1B across all chains
  • Transfer time 1-3 minutes
  • No slippage, no liquidity pools needed

​
Value Accrual

TEDP increases token value through multiple mechanisms.

​
Revenue Sharing

​
Buyback & Burn

  • 20% of protocol fees used to purchase TEDP from market
  • Purchased TEDP is permanently burned
  • Circulating supply decreases over time
  • Creates consistent buy pressure

​
Staking Lock-up Benefits

Longer staking periods earn higher rewards.

​
Token Addresses

​
Mainnet (Coming Soon)

​
Testnet

​
How to Get TEDP

​
On Testnet

  1. Visit testnet.tedprotocol.io/faucet
  2. Connect wallet
  3. Request 100 TEDP (once per 24 hours)

​
On Mainnet (Coming Soon)*

  • Initial distribution via community airdrop
  • Trade on integrated DEXs
  • Earn through staking and liquidity provision
*Mainnet launch is on our future roadmap.