
Tectonic TONICPrice $ 0.00...275
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What is Tectonic (TONIC)?
Tectonic is a decentralized non-custodial algorithmic-based money market protocol that allows users to participate as liquidity suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow liquidity in an over-collateralized fashion.
Tectonic's protocol design and architecture references Compound, a proven and audited protocol. It is complemented with an attractive incentive program powered by $TONIC, the native token of Tectonic protocol. In summary, Tectonic protocol aims to provide secure & seamless cryptocurrencies money market functionalities, enabling multiple use cases for its users.
- “HODLers” can generate additional returns from interest by supplying assets to the protocol without having to actively manage their assets
- Traders can borrow certain cryptocurrencies to capitalize their short-term trading view (e.g., shorting) or yield maximizing opportunities (e.g., farming)
- Users can obtain access to other cryptocurrencies for multiple purposes (e.g., participate in ICO, bonding), without having to liquidate their original assets.
Tectonic Price Today
Tectonic's current price is $ 0.00...275, it has dropped -3.89% over the past 24 hours.
Tectonic's All Time High (ATH) of $ 0.00...191 was reached on 8 Feb 2022, and is currently -98.6% down.
The current circulating supply of Tectonic is 355.51 Trillions tokens, and the maximum supply of Tectonic is 500.00 Trillions.
Tectonic’s 24 hour trading volume is $ 23.51 Thousands.
Tectonic's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 9.77 Million.
You can find more details about Tectonic on its official website and on the block explorer.
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