Tectonic Crypto (TONIC) Could Be A Potential Prospect !

Those that hold Tectonic Crypto (TONIC) benefit from the interest earned by supplying assets to the protocol. They also don't have to actively manage their holdings, unlike in traditional money markets.

The interest rate mechanism implements a variable interest rate model comparable to money market protocols such as Compound.

Interest rates are calculated using an algorithm that considers the utilization rate as well as supply and demand in lending pools. Interest rates are established by the Tectonic team.

To encourage Tectonic liquidators to keep the system stable, the liquidation module liquidates its undercollateralized borrowing position and offers a liquidation discount to liquidators.

​One of the liquidators will be a member of the Tectonic core team. A governance vote will be held later to determine whether the core team will be relieved from its liquidator role.

The assets of Tectonic liquidity providers will be pooled and controlled by smart contracts, resulting in resources for the protocol. It's also important to remember that individuals have complete control over their supply.
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Despite the large supply, the Tectonic Crypto project has already disbursed over $312 million in loans in 2021. and had a total fund supply of more than $598 million in 2021.

​Those are impressive numbers for such a new procedure. Tectonic is built on Cronos, Cronos is an Ethereum-compatible blockchain that was launched to run concurrently with the Crypto.org blockchain, similar to how Binance Chain and Binance Smart Chain work.

Cronos is based on the Cosmos SDK and uses a consensus process known as proof-of-authority (PoA). TONIC is available on Crypto.com Exchange and Hotbit.


​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.

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