TEL Stake and Earn Program
Telcoin holders have been earning significant rewards for their measurable contributions, including staking TEL and referring new users. The Telcoin Association distributes just over 3.2 million TEL each week as rewards. However, many crypto enthusiasts and Telcoin holders still haven’t joined this rewarding initiative, primarily due to uncertainty about how it functions or how to participate. The story of Jake, Sarah, and Mike below provides a clear, simple explanation of how Telcoin’s “Stake & Refer” program works and how you can get involved and start earning.
There you have it. Anyone can participate, and anyone can earn. The steps are simple:
Meet Jake, Sarah, and Mike
Jake is a College students and an avid crypto enthusiast who recently discovered Telcoin (TEL) and its staking rewards system. His girlfriend, Sarah, tells him about the TAN (Telcoin Application Network), where users can stake TEL and earn weekly rewards. Jake is intrigued and wants to understand how it works.
The Basics: How Staking TEL Works
Sarah explains, “Think of TEL staking as a loyalty program. The more you participate, the more rewards you can earn. But unlike a coffee shop loyalty card, this system is based on blockchain technology, making it transparent and fair for everyone.”
She tells Jake that Telcoin has set aside 194.44 million TEL in a TAN Council Safe, and each week, 3,205,128.205 TEL is distributed to stakers based on their activity. The system ensures that only active users who contribute to the ecosystem earn rewards.
Earning TEL: The Rules
Mike, another friend, joins the conversation. He’s been staking TEL for a while and explains the three simple rules to qualify for rewards:
You must be using the Telcoin app, allowing you to be actively engaged with the Telcoin ecosystem.
You need to have entered someone’s referral code – this encourages word-of-mouth growth. Every user of the Telcoin App has a unique referral code, which they can share with you. If you are referred by another use, they will give you a link and a referral code. You download the App from the link (on iOS or Android) and enter the referral code to register. You must also enter your personal details for KYC purposes.
You must buy some TEL either from the App or another platform and then transfer it to the Telcoin App. The App is a safe crypto wallet
You must stake TEL in the app – your TEL must be locked in to participate.
Jake realizes this is not a free giveaway—you have to be actively involved to earn TEL. This is an important component of the system, ensuring that Telcoin adheres to regulatory requirements (you can read about Howey’s test here).
How Rewards Are Calculated
Sarah shows Jake a breakdown of the rewards process:
Every Wednesday at 00:00 UTC, a new staking period starts. It runs until the following Wednesday at the same time.
Within 48 hours after the period ends, the system calculates and distributes rewards.
Your reward is based on the fees you and your referrals generate – the more fees you contribute, the bigger your share of the weekly reward pool.
Jake asks, “So, how exactly do they calculate my rewards?”
Mike explains, “The system looks at three things: the amount of TEL you staked, the fees you paid and the fees paid by the people you referred. The more TEL you staked and fees you and your referrals generate, the bigger your reward.”
Jake now understands that staking more TEL means a higher cap on potential rewards, incentivizing users to keep more TEL locked in.
Behind the Scenes: The Tech Stuff
Mike, who loves the technical side, explains how Telcoin makes sure rewards are distributed fairly:
Transactions are tracked – The system logs all transactions where users pay fees.
User relationships are verified – It checks who referred whom.
Pro-rata calculations are made – Each person’s fee contribution is measured against the total.
Rewards caps are applied – To ensure no one earns more than their stake allows.
Final distributions are made – TEL is sent to stakers’ wallets.
Jake is impressed. “So it’s a mix of blockchain automation and smart contract rules that ensure fair rewards!”
Why This Matters
Sarah summarizes, “The more people use Telcoin, the more TEL gets circulated within the system. Staking not only earns you TEL but also helps expand the network. The referral system brings in new users, and the staking caps encourage people to commit long-term.”
Jake is now excited to start staking TEL. He refers a few friends and starts earning rewards himself.
There you have it. Anyone can participate, and anyone can earn. The steps are simple:
Disclaimer
The information and content (collectively 'information') provided herein are general information. The authors do not guarantee the suitability or potential value of any information or particular investment source. Any information herein is not intended, nor does it constitute financial, tax, legal, investment, or other advice. The authors have no affiliation with Telcoin or other persons or companies referred to in this article. The information in this article is based on the sources used.