TensetPrice

(10SET)

10SET is the native utility token of the Tenset ecosystem. Its primary roles include serving as a "key" to the Gem Launch Platform (TGLP), functioning as a governance token for voting on new project incubations, and acting as a deflationary asset. The token utilizes a transaction tax—historically 2%, but updated to 4% on specific chains—where a portion of every transaction is permanently burned to reduce the total supply. Additionally, some versions of the token mechanism provide rewards to holders for maintaining the asset in their wallets.

To participate in early-stage project launches, users must lock a specific amount of 10SET tokens or hold specific NFTs. Participation is organized into tiers: Tiers 1 through 3 require locking between 1,000 and 5,000 10SET tokens for a 365-day period. Tiers 4 and 5 require holding Genesis or Sumeragi NFTs for lifetime access. Higher tiers provide greater "weight" in allocations, meaning participants who commit more tokens or hold specific NFTs receive a larger share of the project presales.

Regular staking involves locking 10SET tokens for shorter durations, typically 30 to 90 days, to earn yield in 10SET tokens. The Infinity Airdrops program was a legacy initiative where users locked tokens for 6 to 24 months to receive daily rewards from various projects incubated by the Tenset team. Recent project updates indicate that Tenset is currently phasing out Infinity locks in favor of modern staking models and opportunities related to Real-World Assets (RWAs). Active locking or staking is now generally required to maximize yields or access the launchpad.

10SET is a multi-chain token primarily active on the BNB Chain (BEP20) and the Ethereum network (ERC20). This multi-chain capability allows users to interact with different decentralized ecosystems. When moving tokens, users often consider bridging between these networks to manage transaction costs, as gas fees on the Ethereum network can be significantly higher than those on the BNB Chain. The project emphasizes smart contract security and has undergone audits to protect users interacting with these various blockchain protocols.

Tenset has entered a partnership with the Redacted Group to pivot its ecosystem toward Real-World Assets (RWAs). This shift, often referred to as "Tenset 2.0," involves tokenizing non-crypto assets to bridge the gap between blockchain and traditional industries. Key projects under this initiative include CineFi, which focuses on film financing, and various real estate ventures. This strategy allows 10SET holders to gain exposure to tangible, diversified assets outside the standard cryptocurrency market, potentially reducing reliance on pure market volatility.

You can buy 10SET on major trading platforms such as LBank. It is also available on various decentralized exchanges across the BNB and Ethereum chains. To interact with the Tenset Gem Launch Platform or staking dashboards, it is recommended to use non-custodial wallets like MetaMask, Trust Wallet, or the LBank Web3 Wallet. Using these wallets ensures that you maintain control over your private keys while remaining eligible to participate in ecosystem activities like governance voting and early-stage project launches.