Tepleton’s “Structural Burning Plan” & major upgrading has been completed on Nov. 18 at 12:00 (UTC), deposit and withdrawal of TEP have been restored. The original TEP that users store on Coineal have been replaced by the new TEP at 1:1, and all of the new TEP functions are running smoothly and steadily.
Please be noted that, after this TEP upgrading, Coineal will not support the original TEP deposit & withdrawal services anymore.
Tepleton official destroyed 100 million TEP this time, and the total supply has been reduced to 900 million after the structural burning. The name of the new token is still TEP.
Tepleton, a FinBlockchain solution based on the underlying cross-chain technology, is a blockchain value network that serves for the financial industry preferentially, which will empower the frontier financial sectors, such as fund, insurance, banking, and securities, and build the new finance ecology.