Equity Overview
Price & Market Data
Price: $0.0₇261
Daily Change: +$0.0₉24 / 0.92%
Range: $0.0₇256 - $0.0₇266
Market Cap: $0
Volume: 4,033
Details
Tectonic is a decentralised non-custodial algorithmic-based money market protocol that allows users to participate as liquidity suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow liquidity in an over-collateralized fashion.Tectonic’s liquidity incentive program will be done in the form of a distribution of $TONIC to the supplier and borrower in Tectonic. The proportion of $TONIC token distribution between supplier and borrower, as well as among supported tokens will initially be determined by the Tectonic team by taking into account the supply & demand of each asset.Telegram | Discord | Medium