Telos - OFTV1.2 Update (differential)

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Our partnership with Bailsec has been outstanding. Their team has showcased deep expertise, unwavering dependability, and top-notch professionalism in all areas, especially in their meticulous and detail-oriented approach to smart contract auditing. Additionally, Bailsec's quick response times and punctual support have been invaluable.
Justin Giudici
Co-Founder of TELOS

About

Telos is a high-performance EVM-compatibleblockchain designed to be faster, more scalable, and more accessible thanEthereum mainnet. The network uses a Delegated Proof of Stake consensusmechanism that enables near-instant transaction finality and extremely lowfees, making it highly suitable for DeFi applications requiring highthroughput. Telos EVM (tEVM) provides full compatibility with Ethereum smartcontracts and tooling, allowing developers to deploy existing Ethereumapplications with minimal modifications. The network features a unique on-chaingovernance system with worker proposals that give the TLOS token holdingcommunity direct control over protocol evolution and treasury allocation. Teloshas built a growing DeFi ecosystem including DEXes, lending protocols, and NFTplatforms that leverage its performance advantages.

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