What is Tethereum (T99)?

By CMC AI
05 July 2025 11:28PM (UTC+0)

TLDR

Tethereum (T99) is a BSC-based decentralized exchange (DEX) and governance token focused on low-fee BEP20 token swaps, community-driven governance, and incentivized liquidity provision.

  1. BSC-based AMM DEX – Enables BEP20 token swaps via liquidity pools, similar to PancakeSwap.

  2. Governance-centric token – T99 holders vote on proposals (20% voting power per 1B tokens held).

  3. High supply, concentrated ownership – 10B total supply, with top 10 wallets holding 100% (whitepaper).


Deep Dive

1. Purpose & value proposition

Tethereum aims to streamline BEP20 token trading with an automated market maker (AMM) model, emphasizing:
- Low fees: Targets Binance Smart Chain’s cost efficiency (~$0.05–$0.15 per transaction).
- Governance: Token holders vote on burns, upgrades, and liquidity incentives.
- Liquidity rewards: Allocates 26.3% of T99 supply to liquidity providers, aiming to attract capital.

However, its focus on BEP20 tokens limits cross-chain interoperability compared to rivals like Uniswap.

2. Tokenomics & governance

  • Supply: 10B T99, with 42.1% allocated to IEOs and 10.5% to burns (community-voted).
  • Centralization risk: Top 10 wallets control 100% of holdings (CoinMarketCap), raising concerns about fair distribution.
  • Voting mechanics: 1B tokens (10% of a whale’s minimum stake) grant 20% voting power, potentially skewing decisions toward large holders.

3. Ecosystem & adoption

  • DEX development: A live swap dApp targets BSC users, but no verifiable transaction volume data is available.
  • Listings: Claims pending CoinGecko/CMC approvals (as of July 2025, unconfirmed).
  • Community growth: Hosted a 2022 AMA with Coinstore (Medium), but recent engagement metrics are unclear.

Conclusion

Tethereum’s BSC-native design and governance model offer cost efficiency and community input but face steep competition and centralization risks. How might T99’s token distribution evolve to decentralize power while maintaining liquidity incentives?

CMC AI can make mistakes. Not financial advice.
T99
TethereumT99
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$0.1696

0.09% (1d)