Tectonic Finance
DeFi
Lending
TONIC$0.00-2.22% ↓
A tectonic shift inlending & borrowing.
- 564 Followers564 Followers
- 331 Likes331 Likes
About Tectonic Finance
A tectonic shift inlending & borrowing. Tectonic is a cross-chain money market for earning passive yield and accessing instant backed loans.
Tectonic is a cutting-edge decentralized money market protocol built on the Cronos blockchain. It provides users with the ability to earn passive income through asset deposits and offers instant liquidity via borrowing against their crypto holdings. The project is designed to leverage the principles of decentralized finance (DeFi) to provide a secure, transparent, and efficient platform for digital asset management.
The mission of Tectonic is to democratize access to financial services by harnessing the power of blockchain technology. The platform aims to offer a seamless and user-friendly experience for both lenders and borrowers, ensuring that financial services are accessible to a broader audience. By integrating DeFi principles, Tectonic strives to enhance financial inclusion and empower users to take control of their financial future.
Tectonic Finance Magic Store Validation Score
See Results ››Validation Score
4.5yes90%
no10%
Validation Date: -
KuroYes
dedyYes
cryptoakrYes
Vu Tu AnhYes
kaifangcaoYes
AagerbeekYes
KorokotonYes
harsh20020Yes
retsYes
An Chi AnhYes
kvakaNo
EvgeniyYes
himurokyYes
JannatYes
Ho Yen DanYes
misba3Yes
Ashadul HowladarYes
NURJAHANYes
Shikta AkterYes
Te Ngoc UyenYes
Tectonic Finance Review Score by Real Users
- 24
- 17
- 4
- 1
- 0
TONIC Token Price Chart (Real Time)
Token Statistics
- Market Cap$9,330,572.00
- Volume$27,799.00
- Circulating Supply260,560,397,246,337
- Max Supply500,000,000,000,000
- FDMC$17,904,816
About Tectonic Token
The TONIC token serves multiple roles within the Tectonic ecosystem. As a governance token, TONIC enables holders to participate in decision-making processes that shape the protocol's future. This decentralized governance model ensures that the development and evolution of Tectonic are aligned with the community's interests and needs. Token holders can propose changes, vote on key issues, and influence the direction of the project.
In addition to its governance utility, TONIC is also used in staking within the Community Insurance Pool. This staking mechanism is crucial for maintaining the platform's security and stability. Users who stake their TONIC tokens contribute to the protocol’s insurance fund, which acts as a safety net in case of any unforeseen issues or smart contract failures. In return, stakers earn additional rewards, incentivizing long-term participation and support for the protocol.
Furthermore, TONIC plays a role in liquidity mining, where users can earn tokens by providing liquidity to the platform. This feature enhances the overall liquidity of Tectonic, making it easier for users to borrow and lend assets. By rewarding liquidity providers, Tectonic ensures that there is always sufficient liquidity for its users, which is essential for a healthy and functional money market.
TONIC is listed on several major exchanges, making it accessible to a wide range of users. These listings ensure that users can easily acquire and trade TONIC, thereby participating in the Tectonic ecosystem. Some of the exchanges where TONIC is available include Crypto.com and Uniswap.
Overall, TONIC is integral to the Tectonic platform, driving both governance and security while incentivizing user participation through staking and liquidity mining.
Tectonic Finance Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 05.12.2023Validation Date
Tectonic Finance User Trust Reviews
Tectonic Finance FAQ
The Community Insurance Pool is a safety mechanism within Tectonic. Users can stake their TONIC tokens in this pool to earn rewards and contribute to the platform's security, providing coverage in case of unexpected events or smart contract vulnerabilities.
You can earn passive income on Tectonic by depositing your crypto assets into the platform. These deposits earn competitive annual percentage yields (APYs) without a lock-up period, giving you flexibility and immediate access to your returns.
Cross-chain functionality allows users to interact with assets across different blockchains, enhancing the flexibility and utility of the Tectonic platform. This feature increases the overall utility and accessibility of the platform for a broader range of users.
TONIC tokens are available on several major exchanges, including Crypto.com and Uniswap. These exchanges allow you to easily acquire and trade TONIC tokens.