📄️ About the TEN Network Association
Introduction and Vision
📄️ Overview of the TEN Token
The TEN token, known as $TEN, is an ERC-20 governance token that lets you take part in the TEN’s on-chain decision-making process. The token is created by a smart contract on Ethereum, which is a secure and reliable decentralized blockchain.
📄️ Token Delegates and Delegating
When you get involved in the governance of TEN, you can either vote directly on proposals or hand over your voting power to a delegate. The delegation system allows $TEN token holders to take part passively by transferring their voting power to delegates who share their values and who they trust to vote on their behalf in a way which aligns to those values. This page breaks down what delegates do and how delegation works within the governance of TEN.
📄️ TEN Improvement Proposals (TIP)
A TEN Improvement Proposal (TIP) is an essential component of the governance of TEN because it is how participants in the TEN community can have an active role in the evolution of TEN.