# $TEC Token 

By [TEC Viva](https://paragraph.com/@tec-viva) · 2024-01-23

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On 1/21/2024, $TEC officially launched on the Harmony Protocol Blockchain. The main purpose of the $TEC token is to build a sustainable financial ecosystem that offers incentives to validator delegates, token and NFT holders, and liquidity providers. Furthermore, $TEC establishes a DAO community that allows token holders to be involved in the governance of the protocol.

SUPPLY AND DISTRIBUTIONS
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**Total Supply** : 500,000,000

**Circulating Supply**: 250,000

*   Developers: 75,000,000 (15%)
    
*   Airdrops/Rewards: 75,000,000(15%)
    
*   Treasury Reserve: 100,000,000 (20%)
    
*   Community Liquidity Providers/Pools: 250,000,000 (50%)
    

CONTRACT ADDRESSES:
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*   **TEC :** 0x0DEB9A1998aAE32dAAcF6de21161c3E942aCe074 (Harmony)
    
*   **SWAP ONE/TEC LP :** 0x9C1D229f2bF8436052ae294459061c06CF504e39 (Harmony)
    
*   **SWAP ETH/TEC LP :** 0xd507dd1E888Cb3ad4854c7E23cE040AA529f6720 (Harmony)
    
*   **SWAP wBTC/TEC** **LP:** 0x4b870c272a052f5cc96fdc05f8c4c562fe4b6142 (Harmony)
    
*   **SWAP 1USDC/TEC LP** : 0x3A3712ab4201820990A75967a1b73F21C478721A (Harmony)
    
*   **SWAP arbUSDC/TEC LP** : 0x6d5423C9C76F5DdB3A2C8979152e5Eafe3ce54Da (Harmony)
    
*   **TEC Viva DAO Fund** : 0x30A0Bb8F3e6AB88c08852E92e60f710a67417C8f (Harmony)
    
*   **TEC Rewards Safe (Multisig)** : 0xFBD1b5568D029185DE9610ee53720EffBa81113c (Harmony)
    
*   **TEC Rewards Fund :** 0x9E97e2365e068ca62F35E0c71c6af2679987eC8C (Harmony)
    
*   **TEC Treasury Reserve** : 0x95fCbB05007b1a0eD8344282ADAB335b9F765f4A (Harmony)
    

[https://info.swap.harmony.one/#/harmony/tokens/0x0DEB9A1998aAE32dAAcF6de21161c3E942aCe074](https://info.swap.harmony.one/#/harmony/tokens/0x0DEB9A1998aAE32dAAcF6de21161c3E942aCe074)

How to get $TEC?
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*   Monthly AIRDROPS will be sent to delegates of the TEC Viva Harmony Validator. Check our Discord for the rewards-feed channel to monitor for snapshots and distribution schedules.
    

[https://staking.harmony.one/validators/mainnet/one18qk5uszfjq5wrkm2gfstqpx56jdpn0xd4563tk](https://staking.harmony.one/validators/mainnet/one18qk5uszfjq5wrkm2gfstqpx56jdpn0xd4563tk)

*   NFT Holders (pending) will be eligible to receive promotional airdrops
    
*   Community collaborations
    
*   DEX: Swap.country
    

[https://swap.harmony.one/](https://swap.harmony.one/)

What is the utility of $TEC?
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*   Governance token - HODL for greater contribution to TEC protocol governance.
    
*   Support the $TEC protocol by providing liquidity to the Community Liquidity Pools and earn trading fees and opportunities for rewards.
    
*   Trading within the protocol owned liquidity pools will collect 50% trading fees for users that vote within DAO supported proposals. Trading fees will be converted to $TEC and sent to the DAO fund for governance administration. Fees collected will be distributed shortly after the conclusion of each proposal.

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*Originally published on [TEC Viva](https://paragraph.com/@tec-viva/tec-token)*