Tectonic Crypto (TONIC) is a decentralized coin market system. It enables lending and borrowing, does not have a vesting schedule, and has a community insurance module. Learn more about this cryptocurrency in this article. Tectonic is a great way to lend or borrow. Its graphs and prices fluctuate in the future depending on the evolution of the price. It can be beneficial to use if you are looking for an alternative to traditional lending methods.
Tectonic (TONIC) is a decentralized coin market system
TONIC is a token that is part of the Tectonic protocol. The token allows users to stake their coins in a community insurance pool and receive rewards for securing the Tectonic protocol. Its main use case is as a staking asset that earns a user xTONIC rewards, which can then be converted into tonic.
The TONIC token is divided among stakeholders based on their activity. Those who stake their tokens will receive xTONIC, which is 50% of the total staking revenue of the protocol. The amount of xTONIC a staker receives will depend on the amount of TONIC minted and in circulation. Staking will reduce the TONIC supply and reward the stakers.
The token has a low price right now, which is an excellent opportunity for an investor. It may increase in value over the long term. But, before you invest in Tectonic, make sure you know how much you can afford to lose.
The TONIC token is expected to reach $0.00000033 by the end of December. Moreover, a bullish price prediction predicts that the token will reach $0.000001 by 2025. Afterwards, TONIC is predicted to rise to $0.000006 by 2026. Tectonic is available on three exchanges. You can purchase it with BTC, ETH, or CRO.
Tectonic offers a decentralized cryptocurrency lending system. Through this system, users can borrow supported cryptocurrencies from asset pools. In some cases, you can borrow as much as 75% of the assets that are guaranteed. This way, the risks associated with defaulting on your loan are minimal.
As it gains popularity, the TONIC coin has benefited from the recovery of the crypto market. It has risen to be one of the most popular and hottest cryptocurrencies in 2022. But like any other coin, the price of TONIC can fluctuate drastically.
Tectonic is currently trading at $1.36e-7 and has a 24-hour trading volume of $118,837. Tectonic has been listed on CoinMarketCap and Coingecko. It has recently announced a partnership with WalletConnect, which will allow users to communicate with their wallets securely.
It allows lending and borrowing
Tectonic is a decentralized non-custodial algorithmic money market protocol that allows its users to participate as lenders and borrowers. This enables the users to earn passive income by engaging in activities like lending, borrowing, and investing. Those who want to accumulate passive income can lend and borrow using their cryptocurrency holdings. Some users can even participate as “HODLers” and lend their assets without actively managing them. Others can borrow certain cryptocurrencies in order to participate in yield-maximizing and short-term trading strategies.
The volume of crypto loans increased 1,900% last year, and it is expected to continue to grow in the coming years. Furthermore, the Tectonic protocol has developed incentive programs for its liquidity providers, which should give it an edge over competitors. Though it seems like an excellent investment, investors should remember that Tectonic crypto’s initial gains will likely be small, and if momentum slows, the price might drop.
Tectonic is a decentralized lending and borrowing platform where users can add their own crypto assets as liquidity providers. The Tectonic Protocol then aggregates the user supply into a pool, managed by smart contracts, and enables users to withdraw their supply at any time. Those who provide assets will receive tTokens in return. The value of tTokens will rise in line with the interest rates set by the system’s smart contract.
Tectonic is a decentralized, algorithmic money market protocol that allows users to participate as liquidity providers or borrowers. Tectonic aims to make money market functionality seamless and secure for cryptocurrencies. Its platform is compatible with the ATOM and ETH blockchains and has a number of uses.
The Tectonic protocol is based on a variable interest rate model. It makes use of money market protocols and supply and demand to calculate interest rates. As a result, borrowers earn rewards when their assets increase in value. Lenders are also encouraged to accept TONIC, the principal governance token of the Tectonic protocol.
Tectonic is also building features that will improve its tokens’ utility. These enhancements will allow users to maximize the utility of their tokens. Moreover, it is actively discussing the possibility of supporting multiple wallets and bringing more partners to its ecosystem.
It has no vesting schedule
Tectonic is a decentralized non-custodial money market protocol that lets users supply their own cryptocurrency without the intervention of a central bank. While it is volatile, Tectonic is available for trading on a variety of crypto exchanges. It can be purchased using major cryptocurrencies, including USDT and Wrapped CRO tokens.
Tectonic crypto is an ideal investment for investors who are wary of investing in ICOs because it has no vesting schedule. The Tectonic protocol team only distributes 0.1 percent of their total supply for airdrops and reserves the rest for security audits and other infrastructure upgrades. There is also no vesting schedule for security tokens or maintenance tokens. These tokens automatically unlock once the network launches.
Tectonic’s price has fluctuated recently, but it is predicted to rise substantially in the next seven years. Currently, the coin trades at a price between $0.000000703 and $0.000000147. By 2031, it is expected to trade in a range of $0.00000182 and $0.000000147.
Tectonic’s decentralized, algorithmic money market protocol allows users to deposit assets and earn passive income. Borrowers can then use the funds to engage in short-to-long term activities. The Tectonic project has a whitepaper detailing its features and aims to become a “money market” and liquidity platform for cryptos. The Tectonic whitepaper states that deposits are pooled and managed using smart contracts. It also states that borrowers can borrow up to 75 percent of their collateral.
The community insurance module will be enabled in the first quarter of 2022. This will act as a mitigation method against shortfall risks, such as liquidation or smart contract failure. The system provides a mechanism whereby users can stake their TONIC tokens to protect the protocol. If the protocol is disrupted, staked tokens may be slashed, however, holders will have the ability to lock their positions for 90 days and accrue swap fees on their holdings.
Tectonic cryptocurrency’s price fluctuates based on supply and demand, as well as fundamentals. The price is also influenced by events in the real world. Traders also follow the activities of “whales,” who control huge blocks of TONIC. Since the TONIC market is very small compared to traditional markets, sudden price swings can occur quickly, especially if they are accompanied by large volume fluctuations.
It has a community insurance module
The Community Insurance Module allows users to stake or lock their tokens, earning a yield. It will help secure the protocol and ensure that funds are available for any unforeseen events. The module will be live in the first quarter of 2022. Tectonic has announced this feature in a Medium post.
This module is designed to help mitigate any risk of bad debts. In the event of an unanticipated event, a community insurance module will step in to pay off loans that are overcollateralized. This is crucial because collateral value can decrease, while the borrowed loan can increase.
Tectonic offers this module in order to ensure that users have peace of mind. The module also provides liquidity through asset pools. Users can also pledge assets as collateral. The Collateral Factor, also known as the Loan-to-Collateral ratio, is the ratio that indicates the amount that can be borrowed.
The Tectonic community insurance module is a key component of the Tectonic crypto system. It will enable users to participate in IDOs without having to liquidate their collateral. The insurance fund will receive 10% of the interest paid by borrowers. In addition, the APYs are dynamic, and based on market demand. Tectonic will also introduce a governance module for the TONIC network.
Tectonic’s community insurance module provides a means of adjusting rates based on the market utilization. In this way, the Tectonic community insurance module provides a more flexible and affordable alternative to traditional lending sources. This module is one of the primary features of Tectonic, and it is a highly attractive investment option.