Tectonic TONIC
Rank #987
17:49:00 23/12/2024
Tectonic (TONIC) Price
$0.00000006823 -3.38%
0.000000000001 BTC
0 VND
Low: $0.00000006654
High: $0.00000007079
| Market Cap | $16,903,823 | Volume 24h | $44,414.17 | Circulating Supply | 247,733,879,909,099 TONIC |
| Price Change 1 hour | 0.12% | Price Change 24 hours | -3.38% | Price Change 7 days | -10.07% |
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Convert TONIC to USD
Thông tin Tectonic (TONIC)
| Trạng thái | Active |
| Website | |
| White paper | https://tectonic.gitbook.io/docs/introduction/what-is-tectonic |
| Block Explorer | https://explorer.cronos.org/address/0xdd73dea10abc2bff99c60882ec5b2b81bb1dc5b2 |
| Bảng tin | |
| Chat | |
| X (Twitter) | |
| Nền tảng | |
| Ngày thêm vào danh sách | 22:12:56 23/12/2021 |
Số liệu thống kê Tectonic (TONIC)
| Giá Tectonic (TONIC) hôm nay | |
|---|---|
| Giá Tectonic (TONIC) | $0.00000006823 |
| Dao động 1 giờ | 0.12% |
| Dao động 24 giờ | -3.38% |
| Dao động 7 ngày | -10.07% |
| Giá Thấp / Cao nhất (24h) | $0.00000006834 / $0.00000007274 |
| Khối lượng giao dịch 24 giờ | $44,414.17 |
| Vốn hóa | $16,903,823 |
| Khối lượng giao dịch / Vốn hóa thị trường | 0.002627 |
| Thị phần | 0.000510% |
| Xếp hạng | #987 |
| Giá Tectonic (TONIC) hôm qua | |
| Giá Thấp / Cao nhất hôm qua | $0.00000006935 / $0.00000007447 |
| Giá Mở / Đóng hôm qua | $0.00000007245 / $0.00000006958 |
| Dao động giá hôm qua | -3.96% |
| Khối lượng giao dịch hôm qua | $49,001.83 |
| Nguồn cung Tectonic (TONIC) | |
| Tổng TONIC đang lưu hành | 247,733,879,909,099 TONIC |
| Tổng cung | 500,000,000,000,000 TONIC |
| Tổng cung tối đa | |
| Lịch sử giá Tectonic (TONIC) | |
| Giá Thấp / Cao 7 ngày | $0.00000006468 / $0.00000008838 |
| Giá Thấp / Cao 30 ngày | $0.00000006468 / $0.0000001053 |
| Giá Thấp / Cao 90 ngày | $0.00000005777 / $0.0000001232 |
| Giá Thấp / Cao 52 tuần | $0.00000005777 / $0.0000001866 |
| Giá cao nhất lịch sử 22:36:03 23/12/2021 |
$0.000004029 |
| Giá thấp nhất lịch sử 09:58:00 05/11/2024 |
$0.00000005777 |
| ROI của Tectonic (TONIC) | -98.43% |
What Is Tectonic (TONIC)?
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.Tectonic is modeled after Compound and aims to provide seamless money market functionalities that address several use cases for its users:
* Investors with excess crypto capital can generate additional interest on their idle assets without actively managing them.
* Traders can borrow crypto assets and capitalize on short-term or long-term financial opportunities like staking or yield farming.
* Users can access cryptocurrencies to participate in IDOs without liquidating their underlying collateral.
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.
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.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. 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.
Related Pages:
Check out Aave (AAVE) — a money market protocol.Check out Curve DAO — a money market for stablecoins.
Learn about what Crypto Lending is.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many Tectonic (TONIC) Coins Are There in Circulation?
Tectonic is powered by TONIC, its native governance and utility token. TONIC holders can stake the token to secure the protocol through its community insurance module and use it to vote on governance proposals after Tectonic has transitioned to a DAO model. Token holders can submit and vote on proposals or delegate votes for proposals following the governance guidelines.The total supply of TONIC is 500 trillion according to the following token distribution:
* Community (50.9%): participation incentives and liquidity mining / staking rewards
* Team (23%): according to a 48-month vesting schedule.
* Ecosystem reserve (13%): for ecosystem partner collaboration, advisors, and other community initiatives in the future
* Network security (13%): for security audits, protocol operations, infrastructure upgrades, protocol liquidity, listing requirements, and other.
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.Can Tectonic (TONIC) Reach $0.01?
Despite Tectonic’s sound use case and its innovative choice of settlement layer, the extremely high token supply will prevent it from reaching one cent. However, if the cryptocurrency market recovers from its correction at the end of 2021, TONIC could revisit its all-time high of $0.000004029.Where Can You Buy Tectonic (TONIC)?
TONIC is available on Crypto.com Exchange and Hotbit.If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.