Question 1

What is 10SET?

Accepted Answer

10SET is a BEP-20 token used in the Tenset ecosystem and deployed on BNB Smart Chain. BEP-20 is the token standard on that chain, so transferring the asset or interacting with on-chain contracts generally requires identifying it in the BNB Smart Chain environment and paying the applicable network transaction cost. 10SET's in-project uses are connected to Tenset platform and ecosystem activities, but “BEP-20” describes only a technical standard. It does not by itself mean that holders necessarily receive an allocation, returns, or other rights in a project; specific eligibility is determined by the rules of the relevant activity.

Question 2

What is 10SET used for?

Accepted Answer

10SET can be associated with Tenset ecosystem functions and participation arrangements for the Gem Launch Platform. Its role is not determined by the token name alone: whether a project is open, which participation method it uses, and what conditions participants must meet all depend on the rules for that particular platform event. Accordingly, holding 10SET and qualifying for a specific project are two different levels. The former is holding an ecosystem token; the latter may additionally require locking tokens by a specified time, meeting event conditions, or completing a process required by the project. Without explicit conditions for that event, holding the token should not be described as already obtaining an allocation or project tokens.

Question 3

Can 10SET supply change?

Accepted Answer

10SET had an initial total supply of 210 million tokens, and official materials state that its design includes a burn mechanism. Burning permanently removes tokens from usable supply; if burns occur, the burned portion can no longer be used as circulating tokens, so supply may decline. Initial total supply, actual circulating amount, and burned amount use different measures: initial total supply describes the starting point, burns change the amount still usable, and circulating supply also depends on whether tokens have actually entered the market. A supply reduction alone does not constitute a price or return commitment.

Question 4

Why might there be a fee when transferring 10SET?

Accepted Answer

The official Infinity page states that 10SET transactions have a 4% fee mechanism. When an applicable transaction occurs, this token-level fee is deducted from the transfer amount, so the amount actually received may be lower than the amount entered by the sender; this is a separate cost from the network fee a user pays to BNB Smart Chain. Of this 4%, 2% flows to an Infinity-related pool; according to the page, that pool is then distributed to 10SET lockers and TGLP NFT lockers. The page does not define all 4% as an Infinity distribution, so the destination or exact share of the remainder should not be added without support. Whether the fee applies and the amount received should be determined from the actual contract and transaction circumstances.

Question 5

Can new Infinity locks still be created?

Accepted Answer

No. Tenset Infinity was previously a system that locked 10SET and was connected to project-token reward arrangements, but the official page states that the system is being phased out and new locks have been closed. “No new locks” does not mean that all previous locks immediately become invalid. The page states that existing valid locks may be used for subsequent Gem Launch Platform projects under the platform's rules; whether a holder can participate, when settlement occurs, and whether a project's conditions are met still depend on the relevant project arrangement.

Question 6

How can I avoid mistaking another token for 10SET?

Accepted Answer

When identifying 10SET, verify the network, full contract address, and official page together rather than relying only on the name, ticker, or the beginning and end of an address. The official Infinity page displays an address beginning with 0x1AE and ending with 6E57, which can serve as a clue for cross-checking the complete official address. This is necessary because tokens on other networks or unverified tokens may use the same or similar names and tickers. Before acting, confirm that the wallet is set to BNB Smart Chain, then copy the complete address from the official page and compare it character by character; an address fragment alone cannot provide reliable verification.

Tenset (10SET) Price

Price of Tenset (10SET) Today in USD