TLOS is the native token on the Telos Blockchain Network. Ownership of this token represents your voice in the governance of the Telos network. Use this guide to learn about Telos' initial token distribution, inflation rates, snapshots, airdrops, account recovery options
The Telos Network, a joint project created by experienced members of the EOS block producer community, is launching the first sustainably decentralized new blockchain based on EOSIO software. Read the entire article here.
The Telos Foundation does a deep dive on the TLOS token cap: "Telos will use a token distribution identical to the EOS genesis snapshot, except that each account will be capped at a maximum of 40,000 tokens to greatly decrease centralization