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Introducing Telos Chain Into Liminal’s Infrastructure

| December 15, 2023

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Telos

At Liminal, we have always believed that the extent of pushing secure custody of digital assets is directly proportional to enhancing their underlying blockchain infrastructure. 

Interoperability has become a core integration parameter for custody platforms now, as the demand for alternate chains (their ecosystem and community participation) has surpassed the threshold for adoption. 

Adding to our extensive list of blockchains supported, we are introducing Telos, a third-generation blockchain platform, into our custody and wallet infrastructure, providing safe custody, policy-led workflow, multi-party wallet governance and compliance monitoring to protocols and institutions building on the Telos chain. 

Enabling Secure Custody & Optimised Asset Management On Telos

Our integration of the Telos chain is targeted at all our existing and new partners looking to bring their existing treasury of Telos-supported assets or the native token TLOS itself under our secure infrastructure. 

Secure and Efficient Treasury Management

Utilise Liminal Custody’s secure and robust MPC and Multi-Sig-powered wallet infrastructure to store, process, and govern your treasury with unparalleled authority. Our platform provides granular control over asset management, ensuring that every transaction adheres to stringent security protocols and multi-party authorisation requirements.

Policy-Driven Automation for Optimal Efficiency

Leverage Liminal’s automation workflow to streamline your Telos asset management processes. Define policy-based transaction processing rules to automate routine tasks, reduce operational overhead, and enhance overall efficiency. Our platform empowers you to tailor your asset management workflows to align with your specific risk tolerance and regulatory requirements.

Vigilant Risk and Compliance Monitoring

Mitigate potential risks and ensure compliance with Liminal Custody’s comprehensive risk and compliance monitoring tools. Our platform monitors your wallet and transactions for any anomalies or potential violations, allowing you to take immediate action to protect your funds and adhere to regulatory standards.

Seamless Integration with Telos and DApp Ecosystem

Connect to a vast array of native Telos and mainstream dApps with our MMI and Wallet Connect integration. This seamless integration will facilitate you to capitalise on your Telos asset holdings by accessing a wide range of DeFi protocols 

“The integration of Telos into Liminal Custody’s multi-chain ecosystem is a significant step forward as we move towards building a highly secure, regulated, automated and interoperable infrastructure platform. Telos’ innovative architecture and growing community make it a compelling platform for institutional adoption, and we are excited to empower Telos-based protocols and institutions to unlock the full potential of their digital assets.”

Mahin Gupta

Founder, Liminal

Why we integrated Telos Chain?

About Telos

Telos is a pioneering Layer-1 blockchain network, harnessing the power of Delegated Proof of Stake (DPOS) consensus to deliver unparalleled performance, scalability, and cost-efficiency. Its robust EVM (Ethereum Virtual Machine) compatibility(tEVM) empowers developers to seamlessly port and deploy smart contracts, leveraging Telos’ superior speed and cost-effectiveness.

Key Features of Telos 

Front-Running Prevention

Two blocks per second and fixed gas fees eliminate front-running opportunities. Telos’ governance penalises validators who prioritise transactions for personal gain.

Enhanced Scalability

The rent model optimises resource usage and transaction costs. Telos achieves a block time of 0.5 seconds, transaction fees of 1/1000th Ethereum’s cost, and transaction capacity of 10,000 transactions per second.

Micro Transaction DeFi

Scalable structure enables micro-transactions, empowering users to engage in DeFi activities with minimal transaction fees. Telos allows users to transact for as little as $1.

Advanced Governance System

A robust on-chain governance system empowers token holders to participate actively in the network’s decision-making process. Includes enhanced voting features, configurable smart contracts, token holder involvement in proposal drafting and voting, and strict code review and multi-level approval processes for governance changes.

The TLOS Token

TLOS is the native token of the Telos blockchain, serving as the fuel for the network’s operations and rewarding users for staking their TLOS. TLOS plays a multifaceted role within the Telos ecosystem:

Staking Rewards: Users earn additional TLOS by staking their tokens, incentivising them to contribute to the network’s security and stability.

Resource Staking: TLOS can be staked to secure resources such as CPU or NET, enabling users to run resource-intensive applications or lease these resources to developers.

Payment for User Transactions: Developers use TLOS to pay for network capacity, covering the costs of user transactions and activities.

Storage Payment: The upcoming dStor platform aims to establish TLOS as a payment method for storage services, potentially competing with providers like IPFS and Amazon.

Telos Ecosystem

In its short span of 5 years, Telos has managed to build a credible network of dApps from DeFi applications like T-Swaps, T-Starter, Alcor.exchange, to gaming apps like Landbox, Elixir, Xpell, from exchange support to launchpad, oracles and metaverses. 

Telos’ Total Value Locked (TVL) has demonstrated remarkable resilience amidst market fluctuations. Despite reaching an all-time high of over $200 million in February 2022, Telos’ TVL has maintained a steady level of around $24 million. This stability highlights the network’s strong fundamentals and its ability to attract and retain institutional investment.

Get Started with Telos Onboarding

Telos stands as a cornerstone of Web3 innovation, providing a robust, scalable, and developer-friendly platform for building the next generation of decentralised applications. 

Join Liminal and access a regulated and automated custody and wallet infrastructure to build on Telos.

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