Telegraph Token
Ticker: MSG
As an ecosystem, Telegraph validators will be rewarded with a percentage from the fee of each successfully transmitted message. This reward is also accompanied by a mined reward of Telegraph tokens. Telegraph's native token is a no-premine token that is minted along with each successful message transmission and split amongst all participating nodes. These rewards will incentivize node operators to continue their maintenance/support for the Telegraph ecosystem.
Each token would be mined within the blockchain where the transaction is confirmed. Meaning that a bridge transfer from ETH to MATIC would mint a small amount of Telegraph tokens onto the MATIC blockchain. Additional services are in development to make the collection and management of tokens across chains easy to work with.
Last modified 4mo ago