TONIC
Tectonic
+
1.98%
$ 0.00000001
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- 596Tectonic$ 0.00000001$ 3,569,845$ 6,9440 TONIC+ 1.98%
Tectonic. Price of cryptocurrency: $ 0.00000001
Tectonic is a question about what it is.
A cross-chain money market for earning passive yield and instant-backed loans.
The aim of Tectonic is to provide seamless money market functions that address several use cases for its users.
Short-term or long-term financial opportunities like yield farming can be utilized by traders. Users can use cryptocurrencies to participate in IDOs.
After the launch of the mainnet in December 2021, the company plans to increase the number of supported token by focusing on assets from EVM compatible ecosystems.
Who are the people who created Tectonic?
Particle B is a startup accelerator dedicated to incubating projects built on Cronos and the.org chain. Gary Or is an entrepreneur, hacker, and product designer with a keen interest in technology.
What makes Tectonic different?
Money market protocols like Compound adapt a variable interest rate model. Interest rates are determined by the utilization rate and supply and demand in the lending pools. The interest rates are set by the team at the beginning of the lending pool. Before a threshold of high utilization is reached, interest rates follow a linear curve.
The liquidation module liquidates its undercollateralized borrowing position and offers a discount to those who want to keep the system stable. The core team will act as one of the liquidators when a certain amount is reached.
The community insurance module is going to go live in the first quarter of 2022. This is an event that can hurt the protocol's health, such as smart contract risk, liquidation risk, or oracle failure risk. Users can receive stTONIC in return for protecting the protocol. In a shortfall event, their stake may be slashed as funds are used to mitigate the damage.
There are related pages.
There is a money market protocol called Aave.
Curve DAO is a money market.
You can learn about what a coin lending business is.
The latest trading insights and news can be found on the website.
How manyONIC Coins are in circulation?
TONIC is a native governance and utility token. TONIC holders can stake the token to secure the protocol through its community insurance module and use it to vote on governance proposals after Tectonic has transitioned to a DAO model.
TONIC has a total supply of 500 trillion.
Participation incentives and mining / staking rewards are included in the community. The ecosystems reserve is for community initiatives in the future. Network security is for security audits, protocol operations, infrastructure upgrades, and other.
How is the network secure?
Cronos was launched to run in parallel to the Crypto.org blockchain in a similar fashion to how Binance Chain and the Binance Smart Chain work. Cronos is built using a proof-of-authority mechanism.
Is Tectonic able to reach $0.01?
The high token supply will prevent it from reaching one cent despite its innovative choice of settlement layer.
Where can you buy Tectonic?
TONIC can be purchased on Hotbit.
If you want to learn more about buying cryptocurrencies, you can read our guide.
A cross-chain money market for earning passive yield and instant-backed loans.
The aim of Tectonic is to provide seamless money market functions that address several use cases for its users.
Short-term or long-term financial opportunities like yield farming can be utilized by traders. Users can use cryptocurrencies to participate in IDOs.
After the launch of the mainnet in December 2021, the company plans to increase the number of supported token by focusing on assets from EVM compatible ecosystems.
Who are the people who created Tectonic?
Particle B is a startup accelerator dedicated to incubating projects built on Cronos and the.org chain. Gary Or is an entrepreneur, hacker, and product designer with a keen interest in technology.
What makes Tectonic different?
Money market protocols like Compound adapt a variable interest rate model. Interest rates are determined by the utilization rate and supply and demand in the lending pools. The interest rates are set by the team at the beginning of the lending pool. Before a threshold of high utilization is reached, interest rates follow a linear curve.
The liquidation module liquidates its undercollateralized borrowing position and offers a discount to those who want to keep the system stable. The core team will act as one of the liquidators when a certain amount is reached.
The community insurance module is going to go live in the first quarter of 2022. This is an event that can hurt the protocol's health, such as smart contract risk, liquidation risk, or oracle failure risk. Users can receive stTONIC in return for protecting the protocol. In a shortfall event, their stake may be slashed as funds are used to mitigate the damage.
There are related pages.
There is a money market protocol called Aave.
Curve DAO is a money market.
You can learn about what a coin lending business is.
The latest trading insights and news can be found on the website.
How manyONIC Coins are in circulation?
TONIC is a native governance and utility token. TONIC holders can stake the token to secure the protocol through its community insurance module and use it to vote on governance proposals after Tectonic has transitioned to a DAO model.
TONIC has a total supply of 500 trillion.
Participation incentives and mining / staking rewards are included in the community. The ecosystems reserve is for community initiatives in the future. Network security is for security audits, protocol operations, infrastructure upgrades, and other.
How is the network secure?
Cronos was launched to run in parallel to the Crypto.org blockchain in a similar fashion to how Binance Chain and the Binance Smart Chain work. Cronos is built using a proof-of-authority mechanism.
Is Tectonic able to reach $0.01?
The high token supply will prevent it from reaching one cent despite its innovative choice of settlement layer.
Where can you buy Tectonic?
TONIC can be purchased on Hotbit.
If you want to learn more about buying cryptocurrencies, you can read our guide.