Name: Tectonic
SKU: TONIC
Price: 1.15891e-7 USD

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.&nbsp;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 &amp; seamless cryptocurrencies money market functionalities, enabling multiple use cases for its users.<ul><li>“HODLers” can generate additional returns from interest by supplying assets to the protocol without having to actively manage their assets&nbsp;</li><li>Traders can borrow certain cryptocurrencies to capitalize their short-term trading view (e.g., shorting) or yield maximizing opportunities (e.g., farming)&nbsp;</li><li>Users can obtain access to other cryptocurrencies for multiple purposes (e.g., participate in ICO, bonding), without having to liquidate their original assets.</li></ul>

Tectonic

Tectonic is a cross-chain money market for earning passive yield and accessing instant backed loans

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Tectonic TONIC

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