TLN PROTOCOL

DESCRIPTION OF EVENTS

"Maximise the benefit of your VOW / v$ Liquidity Tokens with TLN Decentralised Discount Voucher Borrowing Protocol"

"Decentralized Finance (DeFi) offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain."

"In a world where everything comes with a price tag, we all understand the need for financial flexibility. With TLN, you are not reliant on a traditional credit rating to access funds. Instead your actions unlock, and grow, a unique ecosystem borrowing capacity. The more you contribute to the stability of the ecosystem by staking your idle liquidity tokens, or referring other liquidity providers who wish to stake their liquidity tokens, the more your borrowing capacity expands"

"Ever wish you could benefit from helping others? With TLN, you can! By referring friends, family, or anyone else to become a Liquidity Provider in our thriving ecosystem, you not only contribute to its growth, but also increase your own borrowing capacity. Every Liquidity Provider holds their assets under their own private key. There's nothing to sell to anyone, and no commission paid on funds received by TLN; because no funds are ever received by TLN. Your LP tokens are always locked to your wallet, and only your wallet."

"Say goodbye to the hassle of traditional loan applications. TLN offers a streamlined, interest free, decentralized borrowing process. Your borrowing capacity (measured in TLN tokens) allows you to access v$ ecosystem discount voucher loans whenever you need. You're attracting vital liquidity the ecosystem needs, so the ecosystem is at your service."

"Don't settle for less; get it all with TLN! v$ discount vouchers work at 1000's of Retailers, letting you save on what you really want. From essentials to luxuries, TLN gives you the power to live life on your own terms. You can sell v$ on Pancake."

"Retailers in the ecosystem use v$ discount vouchers to drive sales and retain customers. When v$ are used for purchases within the Vow ecosystem, a small part of each transaction (1.6%) is removed from circulation. Later, some of this removed supply is re-created programmatically and can be used for various purposes, including funding new v$ loans."

"Stake LP" "Lock your Pancake generated VOW / v$ Liquidity Pair (LP) tokens in the TLN Smart Contract for 367 days."

"Collect TLN" "Your borrowing capacity (measured in TLN tokens) begins at 48% of the value of your staked VOW / v$ LP tokens."

"Borrow v$" "To use your borrowing capacity simply burn TLN tokens 1:1 for v$ loans. You'll need to post 20% VOW as collateral."

"Redeem v$" "Use v$ to discount products and services at ecosystem retailers. Alternatively sell your v$ for market value."

"According to monitoring by the SlowMist security team, the TLN Protocol on BNBChain was attacked, resulting in a loss of approximately $280,000."

"The attacker was funded via @TornadoCash, resulting in a loss of approximately $160K."

"According to monitoring by the SlowMist security team, the TLN Protocol on BNBChain was attacked, resulting in a loss of approximately $280,000."

"The attacker was funded via @TornadoCash, resulting in a loss of approximately $160K."

TLN Protocol is a decentralized lending market, with heavy incentives provided to those who provide liquidity to be staked in the protocol. On May 31st, the protocol smart contract suffered an attack with losses reported between $160k and $280k. A public mention of the hack or any compensation plans by the protocol could not be located. Third parties have provided very limited analysis into the transaction or vulnerability itself.

Tokenized Liquidity Notes (Jun 17)
Team: TLN protocol (Jun 17)
@liquiditytokens Twitter (Jun 17)
@liquiditytokens Twitter (Jun 17)
TLN Overview Part 1 (Jun 17)
@SlowMist_Team Twitter (Jun 17)
@SlowMist_Team Twitter (Jun 17)
Contract Address 0x85f82230883693f1bbff65be1f7663ee5f0aa5f8 | BscScan  (Jun 17)
TlnSwap | Address 0x19b3f588bdc9a6f9ecb8255919b02f9adf053363 | BscScan  (Jun 17)
@Phalcon_xyz Twitter (Jun 17)
@EXVULSEC Twitter (Jun 17)
BNB Smart Chain Transaction Hash (Txhash) Details | BscScan  (Jun 17)
@ChainAegis Twitter (Jun 17)
@MetaTrustAlert Twitter (Jun 17)
@CyversAlerts Twitter (Jun 17)
SlowMist Hacked - SlowMist Zone (Jun 12)
VOW UP24 EndGame Trailer on Vimeo (Jun 17)

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