By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinworldstoryCoinworldstoryCoinworldstory
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
      • Featured Airdrops
    • Price Prediction
    • EXCHANGE
      • Best Centralized Exchange List 2025
      • Best Decentralized Exchange List 2025
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
    PR
    If You Looking For Submit Cryptocurrency Press Releases Than Coinworldstory Is Best Choice For Crypto Press Release Submission
    Show More
    Top News
    BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement
    1 week ago
    Eightco Holdings Inc. ($ORBS) Expands Investor Access with Options Trading
    10 hours ago
    Alive Casino ICO will offer entertainment 3.0
    Alive Casino ICO will offer entertainment 3.0
    2 years ago
    Latest News
    Psy Protocol Testnet Combines Internet Scale and Speed with Bitcoin-Level Security
    7 hours ago
    Eightco Holdings Inc. ($ORBS) Expands Investor Access with Options Trading
    10 hours ago
    Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
    14 hours ago
    Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
    1 day ago
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
    NEWSShow More
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    3 weeks ago
    Crypto Tax Rules In Russia – What You Should Know
    Crypto Tax Rules In Russia – What You Should Know
    1 month ago
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    1 month ago
    10 Next Big Meme Coin To Explode
    10 Next Big Meme Coin To Explode
    1 month ago
    9 Best AI-Powered Websites That Save You Hours of Work
    9 Best AI-Powered Websites That Save You Hours of Work
    2 months ago
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
    GAMBLE
    If You Looking For Casino Review . Than we Write Many Article About Casino Please Look This Page . We Update This Page On Daily…
    Show More
    Top News
    Rocketplay Casino Review : Latest 2022 Review
    Rocketplay Casino Review : Latest 2022 Review
    3 years ago
    Bruno Casino Review: WELCOME PACKAGE €300 + 250 Free Spins
    Bruno Casino Review: WELCOME PACKAGE €300 + 250 Free Spins
    2 years ago
    Cryptocurrency in Online Casinos: Revolutionizing the Gaming Landscape
    2 years ago
    Latest News
    Unlim Casino 2025 – Games, Bonuses & Crypto Payments
    4 weeks ago
    1win Casino Games – Exciting Slots, Crash Games & Bonuses
    4 weeks ago
    Pinco Casino Review: Games, Bonuses & Features
    4 weeks ago
    r7 Casino Review: Login, Sign Up, Bonuses & Promotions
    4 weeks ago
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Reading: Tectonic (TONIC) Review : Is It Good Or Bad Coin Read Our Article
Share
Notification Show More
Font ResizerAa
CoinworldstoryCoinworldstory
Font ResizerAa
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Search
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
    • Price Prediction
    • EXCHANGE
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Tectonic (TONIC) Review : Is It Good Or Bad Coin Read Our Article
Crypto Coin Review Best Crypto Coin Review In This Page

Tectonic (TONIC) Review : Is It Good Or Bad Coin Read Our Article

Cws Team
Last updated: 20/09/2023 1:01 PM
Cws Team
2 years ago
Share
Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Tectonic (TONIC) Review : Is It Good Or Bad Coin Read Our Article
SHARE

About Tectonic

Tectonic is a cross-chain money market for earning passive yield and accessing instant-backed loans. Investors can deposit their crypto assets into Tectonic to earn dynamic yield without lockup periods while borrowers can borrow liquidity by supplying their crypto assets as collateral.

Contents
  • About Tectonic
  • Tectonic Point Table
  • Live Price Data
  • Who Are the Founders of Tectonic?
  • Generate passive yield on your assets
  • How does Tectonic work?
  • What Makes Tectonic Unique?
  • Keeping your funds safe is top priority
    • Audited smart contracts
    • Insurance fund (Coming soon)
    • Open source
  • How Is the Tectonic Network Secured?
  • Conclusion
  • FAQ
    • What is Tectonic?
    • How does Tectonic work?
    • What is TONIC?

After its mainnet launch in December 2021 on the Cronos chain, Tectonic plans to increase the number of supported tokens by focusing on assets from EVM-compatible ecosystems. In the future, the project promises to launch leverage yield farming and a governance module for its TONIC token.

Tectonic Point Table

Coin BasicInformation
Coin NameTectonic
Short NameTONIC
Token Supply500,000,000,000,000 TONIC
Max Supply500,000,000,000,000 TONIC
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Live Price Data

Who Are the Founders of Tectonic?

Tectonic was incubated by Particle B, a startup accelerator dedicated to incubating projects built on Cronos and the Crypto.org chain. It was founded by Gary Or, an entrepreneur, hacker, and product designer with a keen interest in blockchain technology. As the former CTO of Crypto.com, Or has over ten years of full-stack engineering experience, in which he oversaw the end-to-end development of crypto products across payment, trading, and financial services.

Generate passive yield on your assets

Crypto assets deposited into Tectonic earn attractive APYs based on a dynamic rate according to market demands. Earnings are available immediately with no lockup.

- Advertisement -

How does Tectonic work?

Funds deposited by users are provided as liquidity to borrowers, who may borrow at variable interest rates. Tectonic’s smart contracts adjust these rates based on each market’s utilization rates.

What Makes Tectonic Unique?

Tectonic is composed of three core modules within the protocol: an interest rate mechanism, a liquidation module, and a community insurance module. The interest rate mechanism adapts a variable interest rate model similar to that of money market protocols like Compound. Interest rates are algorithmically determined based on the utilization rate and supply and demand in the lending pools.

The Tectonic team sets interest rates and other parameters at the beginning of a lending pool, with rates being divided into two stages. Before a threshold of high utilization is reached, interest rates follow a linear curve. After, rates are set according to an upward-sloping curve to reflect the increased demand for liquidity.

The liquidation module liquidates its undercollateralized borrowing position and offers a liquidation discount to liquidators to incentivize keeping the system stable. Before a predetermined amount of liquidators is reached, the core team will also act as one of the liquidators. Later, a governance vote will decide if the core team will be removed from its liquidator position.

The community insurance module is set to go live in the first quarter of 2022 and is to act as a mitigation tool in case of a so-called shortfall event. Tectonic defines this as an event that can harm the protocol’s health, such as smart contract risk, liquidation risk, or oracle failure risk.

- Advertisement -

Users can stake their TONIC and receive stTONIC in return to safeguard the protocol. However, in a shortfall event, their stake may be slashed as the funds are used to mitigate the damage caused. Stakers will also be able to lock their positions for a minimum of 90 days and accrue a share of swap fees from the protocol.

Keeping your funds safe is top priority

Audited smart contracts

The smart contracts have been audited by leading blockchain security auditors Slowmist.

Insurance fund (Coming soon)

10% of the interest paid by borrowers goes to an insurance fund used in the event that undercollateralized loans are not properly liquidated.

- Advertisement -

Open source

Interoperability and open source are among the founding principles of DeFi, which Tectonic is proudly committed to.

How Is the Tectonic Network Secured?

Tectonic is built on Cronos, an Ethereum-compatible blockchain launched to run in parallel to the Crypto.org blockchain in a similar fashion to how Binance Chain and Binance Smart Chain work. Cronos is built on the Cosmos SDK, utilizing a proof-of-authority (PoA) consensus mechanism. Furthermore, it also supports the Inter Blockchain Communications (IBC) protocol of Cosmos, allowing it to bridge to the Cosmos ecosystem of DApps.

Conclusion

Tectonic has established itself as a cutting-edge and dependable cross-chain money market platform that gives its customers the chance to earn passive interest and access quick backed loans. For supporters of decentralized finance (DeFi), Tectonic has developed a safe and effective environment with its solid infrastructure and smart contract technologies.

One of Tectonic’s primary benefits is its cross-chain capabilities, which enables users to take advantage of other blockchain networks and assets. Greater flexibility and diversification in investing strategies are made possible by this interoperability, which reduces the risks associated with single-chain platforms.

In conclusion, Tectonic has made a big contribution to the DeFi scene by giving users a complete and effective solution for leveraging the potential of their digital assets. Tectonic paves the path for the future of decentralized banking by focusing on security, cross-chain capability, and user-centric features, giving people the ability to manage their financial future in a quickly developing digital environment.

FAQ

What is Tectonic?

Tectonic is a decentralized non-custodial algorithmic money market protocol. Users can deposit assets to earn passive income or borrow funds to unlock liquidity in their assets.

How does Tectonic work?

Funds deposited by users are provided as liquidity to borrowers, who may borrow at variable interest rates. Tectonic’s smart contracts adjust these rates based on each market’s utilization rates.

What is TONIC?

TONIC is Tectonic’s protocol token with two key use cases: governance and staking into the Community Insurance Pool to secure the protocol and earn more rewards.

10 Top Trump Memecoins To Watch In 2025
Grayscale Unveils New Top 20 Crypto List, Drops XRP and ADA Again in Q3 Reshuffle
MetaDOS To Know More About This Crypto Read Our Article
Chuck To Know More About This Crypto Read Our Article
Fishkoin To Know More About This Crypto Read Our Article
Share This Article
Facebook Email Print
ByCws Team
Follow:
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
Previous Article Apple Stock Price on eToro A Comprehensive Guide to Apple Stock Price on eToro
Next Article Mastering Forex Line Trading Mastering Forex Line Trading: A Comprehensive Guide for Traders
9 Best Prop Firms in Sweden For Traders 2025
9 Best Prop Firms in Sweden For Traders 2025
Prop Firm
10 Best Prop Firms In Israel for Traders 2025
10 Best Prop Firms In Israel for Traders 2025
Prop Firm
Psy Protocol Testnet Combines Internet Scale and Speed with Bitcoin-Level Security
Press Releases
10 Best Prop Firms In South Africa for Funded Traders
10 Best Prop Firms In South Africa for Funded Traders
Prop Firm

Latest Published

50 Best Application Hosting Services 2024 (Cloud Providers)

50 Best Application Hosting Services 2024 (Cloud Providers)

2 years ago
Clipper To Know More About This Crypto Read Our Article

Clipper To Know More About This Crypto Read Our Article

2 years ago
NodeSynapse To Know More About This Crypto Read Our Article

NodeSynapse To Know More About This Crypto Read Our Article

2 years ago
Gege To Know More About This Crypto Read Our Article

Gege To Know More About This Crypto Read Our Article

2 years ago
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
Trending
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
Trending
10 Best Macroeconomics Books-for Students and Professionals
10 Best Macroeconomics Books-for Students and Professionals
Trending
CoinworldstoryCoinworldstory
Follow US
© Coinworldstory News Network. Cws Design Company. All Rights Reserved.
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?