> ## Documentation Index
> Fetch the complete documentation index at: https://docs.tedprotocol.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Token Overview

> Governance, staking, cross-chain utility

**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

| Item               | Details                                  |
| ------------------ | ---------------------------------------- |
| **Name**           | TED Protocol                             |
| **Symbol**         | TEDP                                     |
| **Total Supply**   | 1,000,000,000 TEDP                       |
| **Decimals**       | 18                                       |
| **Token Standard** | ERC-20 + ERC-20Permit (EIP-2612)         |
| **Cross-Chain**    | LayerZero OFT (Omnichain Fungible Token) |

***

### 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.

| Staking Pool       | Reward Source                 | Expected APY |
| ------------------ | ----------------------------- | ------------ |
| TEDP Staking Vault | 50% of protocol fees          | 8-15%        |
| LP Boost Vault     | Trading fees + TEDP emissions | 15-30%       |

#### 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.

```mermaid theme={null}
flowchart LR
    subgraph Traditional
        direction LR
        A1[Approval TX] -->|gas| A2[Swap TX]
    end
    subgraph Permit
        direction LR
        B1[Sign message] -->|free| B2[Swap TX]
    end
    Traditional ~~~ Permit
```

**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.

```mermaid theme={null}
flowchart TD
    A[Chain A: Burn 100 TEDP] --> B[LayerZero Message]
    B --> C[Chain B: Mint 100 TEDP]
```

**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

```mermaid theme={null}
flowchart TD
    A[Protocol Revenue<br/>0.1% swap fee] --> B[50% → TEDP Stakers]
    A --> C[30% → Treasury]
    A --> D[20% → Buyback & Burn]
```

#### 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.

| Lock Period | Boost Multiplier |
| ----------- | ---------------- |
| Flexible    | 1.0x             |
| 30 days     | 1.25x            |
| 90 days     | 1.5x             |
| 180 days    | 2.0x             |

***

### Token Addresses

#### Mainnet (Coming Soon)

| Chain     | Address | Status    |
| --------- | ------- | --------- |
| Ethereum  | TBD     | Preparing |
| Arbitrum  | TBD     | Preparing |
| Base      | TBD     | Preparing |
| Polygon   | TBD     | Preparing |
| BNB Chain | TBD     | Preparing |
| Kaia      | TBD     | Preparing |

#### Testnet

| Chain            | Address                                      |
| ---------------- | -------------------------------------------- |
| Sepolia          | `0x4Fb9261aECbEF22b1bd251aA89a245Cf7828bE76` |
| Arbitrum Sepolia | `0x76Ca547AeCF99f19435A9Ba64e8Fba00240A2BCb` |
| Base Sepolia     | `0x42E97A7Fb4a5407c12e0a3836618C43d4701C206` |
| Polygon Amoy     | `0x1468F83f94B60f44F814271D8319170bDD15616b` |
| Kaia Kairos      | `0x686127EA01790FF6b74A2bfaAffccD195C140714` |
| BNB Testnet      | `0xceE75934E32bfc9Fd149357a151891e1370C08E4` |

***

### How to Get TEDP

#### On Testnet

1. Visit [testnet.tedprotocol.io/faucet](https://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.*
