Content
@
0 reply
0 recast
2 reactions
TKN: Token Name Service | 10^11
@tkn
Announcing the first TKN/Farcaster airdrop Every Farcaster user with a verified Ethereum address is eligible to claim $TKN. Creating the TKN DAO is an important step in decentralizing TKN. 50% of the circulating supply of $TKN has been allocated to airdrop 1. Whitepaper: whitepaper.tkn.xyz Claim: claim.tkn.xyz
4 replies
4 recasts
4 reactions
TKN: Token Name Service | 10^11
@tkn
What is the Token Name Service? Let's start with something cool: Sending ETH to `usdc.swp.eth` will return $USDC in the same transaction. This is made possible by TKN's onchain token database. SWP has launched with 15 pairs, with more coming soon. https://twitter.com/limes_eth/status/1702829355972395520
1 reply
1 recast
1 reaction
TKN: Token Name Service | 10^11
@tkn
The tokenlist is a remaining point of centralization in the DeFi stack. Every protocol today uses a centralized token list. TKN is an effort to create a predictable, decentralized, onchain token list. Only after we eliminate trust requirements in DeFi, will crypto be ready to disrupt all of TradFi, and beyond.
1 reply
1 recast
1 reaction
TKN: Token Name Service | 10^11
@tkn
TKN runs on top of ENS, where each ticker is a subdomain of tkn.eth. For example: the data for $LINK can be found onchain in the resolver contract for link.tkn.eth. Thus TKN inherits the lindyness, security, app integrations, and tooling of ENS. $LINK data can be seen at tkn.xyz/link and app.ens.domains/link.tkn.eth
1 reply
1 recast
1 reaction
TKN: Token Name Service | 10^11
@tkn
The ticker symbol is a unique and exciting primitive. Due to the trustful nature of traditional finance, tickers were never able to reach their full potential as the TCP/IP of value. By bringing all of the world's assets together into a single global namespace, we can unlock an era of growth. 🌅
1 reply
1 recast
1 reaction
TKN: Token Name Service | 10^11
@tkn
What is the role of $TKN? Security: Stake $TKN on tokens to validate accuracy and generate yield Governance: Assent the constitution and direct the growth of Token Name Service and SWP.eth Data Overrides: If a quorum of $TKN holders disagree with a specific datapoint, an onchain vote can be held to override the data
1 reply
0 recast
0 reaction
