[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CryptoJournaal [@CryptoJournaal](/creator/twitter/CryptoJournaal) on x 18.5K followers Created: 2025-07-06 09:12:43 UTC #TeleSwap ( $TST ) - #Explainer 💡 What is TeleSwap ( $TST )? TeleSwap is a decentralized protocol that connects Bitcoin (BTC), BRC-20 tokens, and RUNEs with EVM blockchains (such as Ethereum, Polygon, and BNB Chain) via the TeleportDAO bridge. It enables fast, secure, and cost-efficient cross-chain transactions, allowing users to trade Bitcoin assets for ERC-20 tokens or stake them in DeFi applications. The protocol is designed to enhance interoperability between Bitcoin and other blockchains while maintaining Bitcoin's security and decentralization. TeleSwap uses a light-client bridge and a slashing mechanism to guarantee trustless and secure transactions. The associated token, $TST ( #Teleport_System_Token), is an ERC-20 token that plays a central role in the TeleportDAO ecosystem. $TST is used for governance, transaction fees, staking, and rewards within the two main applications: TeleSwap and TeleOrdinal, a cross-chain marketplace for Bitcoin NFTs (Ordinals). TeleSwap, founded in 2022 by Mahyar Daneshpajooh and Ali Saheli, focuses on unlocking Bitcoin for DeFi and NFT markets, providing developers with tools to build cross-chain applications. #CrossChainBridging ⚙️ How does TeleSwap work? TeleSwap uses the TeleportDAO light-client bridge, which verifies Bitcoin transactions on EVM chains without third-party reliance. A network of Relayer nodes submits Bitcoin block headers to target chains, which are verified according to Bitcoin’s consensus rules. This ensures a trustless and secure bridge. The key features of TeleSwap are: 🔸 Trustless bridging: Users can bridge BTC, BRC-20s, and RUNEs to EVM chains and vice versa, without intermediaries, thanks to light-client technology. 🔸 Decentralized trading: TeleSwap’s AMM DEX enables the trading of Bitcoin assets for ERC-20 tokens in a fully decentralized environment. 🔸 Asset wrapping: Users can wrap their Bitcoin assets (such as TeleBTC) to use them in DeFi protocols on other chains, like lending or providing liquidity. 🔸 Slashing mechanism: TeleSwap nodes (Lockers and Teleporters) are economically incentivized to act honestly. Violations result in their collateral being slashed, compensating users. #BitcoinDeFi 🪙 The role of $TST The $TST token is essential to the TeleportDAO ecosystem and has multiple functions: 🔸 Governance: $TST holders can vote on key protocol decisions, such as adding new chains, adjusting fees, or approving improvements. 🔸 Staking and rewards: Users can stake $TST in reward pools to earn a share of TeleSwap’s transaction fees, generating passive income. 🔸 Transaction fees: $TST is used to pay for transactions within TeleSwap and TeleOrdinal, enhancing speed and efficiency. 🔸 Referral program: Users can earn $TST by inviting others to the platform, boosting community growth. #Tokenomics 🛠️ Key features of TeleSwap: 🔸 TeleOrdinal: The first cross-chain marketplace for Bitcoin NFTs (Ordinals), where users can buy Ordinals with stablecoins without trusting sellers. $TST holders get discounts on fees. 🔸 Bitcoin-grade security: TeleSwap’s light-client bridge and slashing mechanism ensure Bitcoin asset security is maintained even on other chains. 🔸 Scalable architecture: The protocol can handle high transaction volumes, making it suitable for user-intensive DeFi and NFT applications. 🔸 Developer-friendly: TeleSwap offers an SDK for easy integration, enabling developers to build cross-chain applications effortlessly. #BlockchainInteroperability 📜 History and development: 🔸 Founding: TeleSwap was founded in February 2022 by Mahyar Daneshpajooh and Ali Saheli, aiming to integrate Bitcoin into DeFi and NFT ecosystems. 🔸 2023 - Seed funding: In March 2023, TeleportDAO raised $XXX million in a funding round led by AppWorks and DefinanceX, with contributions from Quantstamp and Gate Labs. 🔸 2024 - Token launch and partnerships: The $TST token launched via a CoinList sale (April 11-18, 2024). TeleSwap integrated with wallets like Leather and partnered with major players in the Bitcoin space. 🔸 2024-2025 - Roadmap: In 2024, TeleSwap expanded to five Bitcoin Layer-2 solutions and improved capacity through restaking. Future plans include further integrations and TeleOrdinal expansion. #CryptoHistory 💸 Tokenomics 🔸 Total supply: The maximum supply of $TST is X billion tokens, with an initial allocation of XXXXX% for ecosystem development, XX% for the team, and XXXX% for investors. 🔸 Market capitalization: With a circulating supply of about XXX million tokens, $TST ranks around #3300-#3500 on CoinGecko, with a market cap of approximately BTC 11.8-13.1. 🔸 Emission rate: A portion of the tokens is locked with a 6-month cliff and linear vesting over XX months to support long-term growth. #MarketAnalysis ✅ Advantages of TeleSwap: 🔸 Trustless technology: The light-client bridge and slashing mechanism provide a secure and decentralized solution for cross-chain transactions. 🔸 Cost-efficient: TeleSwap offers lower fees compared to centralized exchanges, making it attractive for Bitcoin traders and DeFi users. 🔸 Unique applications: TeleOrdinal’s cross-chain NFT marketplace and TeleSwap’s DeFi integrations make it a pioneer in Bitcoin-based ecosystems. ⚠️ Disadvantages and challenges: 🔸 Competition: TeleSwap competes with other cross-chain bridges like ZetaChain, which has a higher market capitalization. 🔸 Reliance on Relayers: The protocol’s security depends on the correct operation of Relayer nodes, posing risks if incentives are not properly aligned. 🔸 Adoption: The growth of Bitcoin NFTs and DeFi applications will be crucial for the success of TeleSwap and TeleOrdinal. #BitcoinAdoption 🎯 Conclusion: TeleSwap ( $TST ) is an innovative protocol connecting Bitcoin to the world of DeFi and NFTs through a trustless and scalable bridge. With applications like TeleSwap and TeleOrdinal, it offers unique opportunities for users and developers to utilize Bitcoin assets in decentralized ecosystems. Although the project faces competition and technical challenges, it has a strong foundation and growth potential, especially in a market increasingly valuing cross-chain interoperability. Whether $TST is a good investment depends on your own research, but it is certainly a project to watch. #CryptoConclusion 🤝 New Partnership: WEEX Exchange x @CryptoJournaal We’re excited to announce our official partnership with WEEX — and that means massive rewards for YOU! 💥 💰 New users can claim up to $XXXXXX USDT in total bonuses: 🔐 XX USDT → secure your account 📥 Up to XXXXX USDT → deposit to futures wallet + start trading 📊 Up to XXXXXX USDT → futures trading volume rewards 🎯 All rewards stack – up to $30K total! 🟡 Use invite code bwbg to activate your bonus 👉 #Exchange #Rewards #Trading #Futures #Leverage 📚 Useful resources and extra information: Want to dive deeper into the world of #TeleSwap or looking for the latest updates and developments? These links will help you stay informed: 🔹Discord: 🔹Github: 🔹Official Website: 🔹Telegram: 🔹X (Twitter): @Tele_Swap #CryptoResources #StayInformed ⚠️ Important note: 🔹 This post is purely for educational purposes and not financial advice! 🔹 Only invest what you are willing to lose: #Crypto investments can be volatile, and you could potentially lose part or all of your investment. 🔹 Always do your own research (#DYOR): Conduct thorough research into #crypto-assets, platforms, and wallets before investing. 🔹 Understand the risks of volatility: The value of #cryptocurrencies can change rapidly, so be prepared for price fluctuations. 🔹 Keep your private keys safe: Losing your private keys can result in the loss of access to your crypto assets. 🔹 Use reliable platforms: Make sure to trade crypto via reliable and regulated exchanges or wallets that meet necessary security standards. #CryptoRules #CryptoSafety #CryptoRisks #Dyor  XXX engagements  **Related Topics** [tst](/topic/tst) [bnb chain](/topic/bnb-chain) [bnb](/topic/bnb) [coins brc20](/topic/coins-brc20) [protocol](/topic/protocol) [decentralized](/topic/decentralized) [$tst](/topic/$tst) [coins bsc](/topic/coins-bsc) [Post Link](https://x.com/CryptoJournaal/status/1941787384883925348)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
CryptoJournaal @CryptoJournaal on x 18.5K followers
Created: 2025-07-06 09:12:43 UTC
#TeleSwap ( $TST ) - #Explainer
💡 What is TeleSwap ( $TST )?
TeleSwap is a decentralized protocol that connects Bitcoin (BTC), BRC-20 tokens, and RUNEs with EVM blockchains (such as Ethereum, Polygon, and BNB Chain) via the TeleportDAO bridge.
It enables fast, secure, and cost-efficient cross-chain transactions, allowing users to trade Bitcoin assets for ERC-20 tokens or stake them in DeFi applications.
The protocol is designed to enhance interoperability between Bitcoin and other blockchains while maintaining Bitcoin's security and decentralization. TeleSwap uses a light-client bridge and a slashing mechanism to guarantee trustless and secure transactions.
The associated token, $TST ( #Teleport_System_Token), is an ERC-20 token that plays a central role in the TeleportDAO ecosystem.
$TST is used for governance, transaction fees, staking, and rewards within the two main applications: TeleSwap and TeleOrdinal, a cross-chain marketplace for Bitcoin NFTs (Ordinals).
TeleSwap, founded in 2022 by Mahyar Daneshpajooh and Ali Saheli, focuses on unlocking Bitcoin for DeFi and NFT markets, providing developers with tools to build cross-chain applications.
#CrossChainBridging
⚙️ How does TeleSwap work?
TeleSwap uses the TeleportDAO light-client bridge, which verifies Bitcoin transactions on EVM chains without third-party reliance.
A network of Relayer nodes submits Bitcoin block headers to target chains, which are verified according to Bitcoin’s consensus rules. This ensures a trustless and secure bridge.
The key features of TeleSwap are:
🔸 Trustless bridging:
Users can bridge BTC, BRC-20s, and RUNEs to EVM chains and vice versa, without intermediaries, thanks to light-client technology.
🔸 Decentralized trading:
TeleSwap’s AMM DEX enables the trading of Bitcoin assets for ERC-20 tokens in a fully decentralized environment.
🔸 Asset wrapping:
Users can wrap their Bitcoin assets (such as TeleBTC) to use them in DeFi protocols on other chains, like lending or providing liquidity.
🔸 Slashing mechanism:
TeleSwap nodes (Lockers and Teleporters) are economically incentivized to act honestly. Violations result in their collateral being slashed, compensating users.
#BitcoinDeFi
🪙 The role of $TST
The $TST token is essential to the TeleportDAO ecosystem and has multiple functions:
🔸 Governance:
$TST holders can vote on key protocol decisions, such as adding new chains, adjusting fees, or approving improvements.
🔸 Staking and rewards:
Users can stake $TST in reward pools to earn a share of TeleSwap’s transaction fees, generating passive income.
🔸 Transaction fees:
$TST is used to pay for transactions within TeleSwap and TeleOrdinal, enhancing speed and efficiency.
🔸 Referral program:
Users can earn $TST by inviting others to the platform, boosting community growth.
#Tokenomics
🛠️ Key features of TeleSwap:
🔸 TeleOrdinal:
The first cross-chain marketplace for Bitcoin NFTs (Ordinals), where users can buy Ordinals with stablecoins without trusting sellers. $TST holders get discounts on fees.
🔸 Bitcoin-grade security:
TeleSwap’s light-client bridge and slashing mechanism ensure Bitcoin asset security is maintained even on other chains.
🔸 Scalable architecture:
The protocol can handle high transaction volumes, making it suitable for user-intensive DeFi and NFT applications.
🔸 Developer-friendly:
TeleSwap offers an SDK for easy integration, enabling developers to build cross-chain applications effortlessly.
#BlockchainInteroperability
📜 History and development:
🔸 Founding:
TeleSwap was founded in February 2022 by Mahyar Daneshpajooh and Ali Saheli, aiming to integrate Bitcoin into DeFi and NFT ecosystems.
🔸 2023 - Seed funding:
In March 2023, TeleportDAO raised $XXX million in a funding round led by AppWorks and DefinanceX, with contributions from Quantstamp and Gate Labs.
🔸 2024 - Token launch and partnerships:
The $TST token launched via a CoinList sale (April 11-18, 2024). TeleSwap integrated with wallets like Leather and partnered with major players in the Bitcoin space.
🔸 2024-2025 - Roadmap:
In 2024, TeleSwap expanded to five Bitcoin Layer-2 solutions and improved capacity through restaking. Future plans include further integrations and TeleOrdinal expansion.
#CryptoHistory
💸 Tokenomics
🔸 Total supply:
The maximum supply of $TST is X billion tokens, with an initial allocation of XXXXX% for ecosystem development, XX% for the team, and XXXX% for investors.
🔸 Market capitalization:
With a circulating supply of about XXX million tokens, $TST ranks around #3300-#3500 on CoinGecko, with a market cap of approximately BTC 11.8-13.1.
🔸 Emission rate:
A portion of the tokens is locked with a 6-month cliff and linear vesting over XX months to support long-term growth.
#MarketAnalysis
✅ Advantages of TeleSwap:
🔸 Trustless technology:
The light-client bridge and slashing mechanism provide a secure and decentralized solution for cross-chain transactions.
🔸 Cost-efficient:
TeleSwap offers lower fees compared to centralized exchanges, making it attractive for Bitcoin traders and DeFi users.
🔸 Unique applications:
TeleOrdinal’s cross-chain NFT marketplace and TeleSwap’s DeFi integrations make it a pioneer in Bitcoin-based ecosystems.
⚠️ Disadvantages and challenges:
🔸 Competition:
TeleSwap competes with other cross-chain bridges like ZetaChain, which has a higher market capitalization.
🔸 Reliance on Relayers:
The protocol’s security depends on the correct operation of Relayer nodes, posing risks if incentives are not properly aligned.
🔸 Adoption:
The growth of Bitcoin NFTs and DeFi applications will be crucial for the success of TeleSwap and TeleOrdinal.
#BitcoinAdoption
🎯 Conclusion:
TeleSwap ( $TST ) is an innovative protocol connecting Bitcoin to the world of DeFi and NFTs through a trustless and scalable bridge.
With applications like TeleSwap and TeleOrdinal, it offers unique opportunities for users and developers to utilize Bitcoin assets in decentralized ecosystems.
Although the project faces competition and technical challenges, it has a strong foundation and growth potential, especially in a market increasingly valuing cross-chain interoperability.
Whether $TST is a good investment depends on your own research, but it is certainly a project to watch.
#CryptoConclusion
🤝 New Partnership: WEEX Exchange x @CryptoJournaal
We’re excited to announce our official partnership with WEEX — and that means massive rewards for YOU! 💥
💰 New users can claim up to $XXXXXX USDT in total bonuses:
🔐 XX USDT → secure your account
📥 Up to XXXXX USDT → deposit to futures wallet + start trading
📊 Up to XXXXXX USDT → futures trading volume rewards
🎯 All rewards stack – up to $30K total!
🟡 Use invite code bwbg to activate your bonus
👉
#Exchange #Rewards #Trading #Futures #Leverage
📚 Useful resources and extra information:
Want to dive deeper into the world of #TeleSwap or looking for the latest updates and developments?
These links will help you stay informed:
🔹Discord:
🔹Github:
🔹Official Website:
🔹Telegram:
🔹X (Twitter): @Tele_Swap
#CryptoResources #StayInformed
⚠️ Important note:
🔹 This post is purely for educational purposes and not financial advice!
🔹 Only invest what you are willing to lose:
#Crypto investments can be volatile, and you could potentially lose part or all of your investment.
🔹 Always do your own research (#DYOR):
Conduct thorough research into #crypto-assets, platforms, and wallets before investing.
🔹 Understand the risks of volatility:
The value of #cryptocurrencies can change rapidly, so be prepared for price fluctuations.
🔹 Keep your private keys safe:
Losing your private keys can result in the loss of access to your crypto assets.
🔹 Use reliable platforms:
Make sure to trade crypto via reliable and regulated exchanges or wallets that meet necessary security standards.
#CryptoRules #CryptoSafety #CryptoRisks #Dyor
XXX engagements
Related Topics tst bnb chain bnb coins brc20 protocol decentralized $tst coins bsc