# Tenure — holder rewards for exchange-listed tokens (full description)

Last updated: 2026-09-03. Site: https://tenure.one/

## What Tenure is

Tenure is holder-rewards infrastructure for tokens listed on centralized exchanges (CEX). A token project (the "organization") funds a USDT pool for a fixed period. Verified holders of the token on a supported exchange connect a read-only API key and keep holding. At the end of the program the pool is split between the holders who finished it, in proportion to **tenure = Σ (eligible balance × hours)**. Rewards are paid in USDT. Every program has a terms page with its rules, pool, exchange and status, opened by an invite link the project shares with its holders.

Tenure is a "hold-to-earn" / token-retention marketing tool. It is not a quest platform, not an airdrop tool, not a market maker and not a custodian.

## Who it is for

- **Token projects** listed on a supported exchange that want fewer sellers after listing: they fund a pool and get verified holders, average holding time and a day-by-day timeline.
- **Holders** who keep a token on their exchange spot account and want to be paid for holding time, without moving tokens anywhere.

## How it works — for holders

1. Create an API key on your exchange with the Read permission only and paste it into the Tenure app. Tenure asks the exchange what the key is allowed to do and refuses any key that can trade, transfer or withdraw.
2. Choose a program and join. From then on, random balance checks record how much you hold and for how long. If your balance drops below the program minimum at any check, you are disqualified and lose accrued tenure.
3. When the program ends, the pool is split by tenure. Your USDT goes to your Tenure wallet and can be withdrawn to a TRC20 or BEP20 address (minimum withdrawal 10 USDT).

## How it works — for projects

1. Create a program: token, exchange, duration (7–180 days), pool size, minimum KYC level, minimum balance, optional per-holder balance cap, and mode — all holders or new buyers only.
2. Fund the pool: send USDT (TRC20 or BEP20) to the program address and register the transfer. Once confirmed, the program is scheduled and the project gets an invite link to the program page.
3. Watch holding grow: the dashboard shows verified holders by KYC level, average tenure, pool distribution and a daily timeline. Holders are anonymous — masked UID and KYC level only.
4. Automatic settlement on the end date: pool × (1 − 15% fee) is split in proportion to tenure and paid in USDT. No claim step, no lists to prepare.

## Tenure formula

tenure = Σ over checks of (eligible balance × Δt hours)

- **balance** — token balance on the exchange spot account (available + locked) read through the key at the moment of a check.
- **baseline** — zero in programs open to all holders; in new-buyer programs it is the balance at the moment of joining, so only tokens bought after joining count.
- **cap** — optional per-holder limit set by the project so one large holder cannot take most of the pool.
- **Δt** — hours since the previous check. Checks happen 4–12 times a day (default 6) at random moments.
- eligible = clamp(balance − baseline, 0, cap).

Disqualification (accrued tenure is lost): balance below the program minimum at any check; KYC level drops below the program requirement; API key deleted, frozen or permissions changed; leaving the program before the end date.

Payout: your share = your tenure ÷ total tenure of all holders who finished. Reward = share × (pool − 15% fee).

## Security and fairness

- **Read-only keys only.** Before accepting a key Tenure checks its permissions with the exchange; any permission other than Read is rejected without exception. Even a leaked read-only key cannot move funds.
- **Encrypted storage.** Keys are stored encrypted with AES-256-GCM; the encryption key is kept outside the database; keys are decrypted only for a balance check. The app shows only the last 4 characters of a key.
- **One account, one holder.** An exchange UID can be connected to Tenure once; the same exchange account cannot join twice through two Telegram accounts.
- **Random timing.** Each check happens at a random moment inside a window; buying right before a check does not work because the time is unknown.
- **Re-checked every time.** KYC level and key validity are read again at every check; if either drops, accrual stops.
- **No custody.** Tokens never leave the holder's exchange account. Tenure only reads balances.
- **Disclosure.** Every program has a page at https://tenure.one/p/<slug>, opened by an invite link the project shares with its holders (not listed, not indexed); it states the full terms and that rewards are marketing payments made by the project.

## KYC levels

Tenure never sees documents; the exchange verifies identity and Tenure reads only the level.
- **Primary** — government ID; the minimum for every program.
- **Advanced** — ID, liveness check and proof of address; a project can require it.
- **Institutional** — corporate verification; shown separately in the dashboard.

## What Tenure does NOT do

- No volume tasks: never pays for trades, orders or turnover.
- No hidden terms: every holder sees the full terms on the program page.
- No price targets: a program cannot refer to price, market cap or price growth — only balance and time.
- No custody: tokens stay on the holder's own exchange account; rewards are USDT from the project's pool.

## Comparison

| | Quest platforms | Exchange HODL programs | Tenure |
|---|---|---|---|
| Sees exchange balances | no | yes | yes |
| Open to any listed token | yes | no | yes |
| Pays for holding time, not actions | no | yes | yes |
| Verified (KYC) participants | no | yes | yes |
| Protection against duplicate accounts | no | yes | yes |
| Rules and pool stated on every program page | no | no | yes |
| Paid in USDT, no claim step | no | no | yes |
| Never holds holders' tokens | yes | no | yes |

## Pricing

One fee: 15% of the pool. No plans, no per-seat pricing. Minimum pool 200 USDT; duration 7 to 180 days; Primary or Advanced KYC requirement; public program page and project dashboard; random balance checks, duplicate protection, automatic settlement.

Example: pool 10,000 USDT → fee 1,500 USDT → 8,500 USDT paid to holders; a 30-day program with 340 holders who finished ≈ 25 USDT each on average (illustration; real payouts are proportional to tenure).

## Supported exchanges

MEXC first: its API exposes KYC status, UID and key permissions, which strict verification needs. Other exchanges will be added once they can be verified just as strictly. Each program states its exchange on its page.

## Access

- Web app at https://tenure.one/app and a Telegram Mini App; login via Telegram.
- Project dashboard at https://tenure.one/dashboard.
- Languages: English, Russian, Spanish, Portuguese (Brazil), French.
- Tenure may not be available in some countries; the project running a program sets its own eligibility rules.

## FAQ (short)

See https://tenure.one/faq/ for the full list. Highlights:
- Is this market manipulation? No — openly disclosed rewards for holding, like exchange HODL and launchpool programs; nothing touches the order book.
- Can Tenure trade or withdraw with my key? No — read-only keys only, verified with the exchange.
- What if I sell part of my tokens? Below the program minimum at any check → disqualified; above it → you keep accruing on the smaller balance.
- What does the project see about me? Masked UID, KYC level, balance and tenure — not your Telegram account, name or key.
- What if a program ends with no holders? The pool is returned to the project.
- How does a project fund the pool? Send USDT to the program address (TRC20/BEP20), register the tx hash; once confirmed and the total reaches the pool size the program is scheduled. Fee 15%, minimum pool 200 USDT.