Tectonic is a decentralised non-custodial algorithmic-based money market protocol that enables users to participate as liquidity suppliers or borrowers. Suppliers provide liquidity to the market and earn a passive income, while borrowers can borrow liquidity in an over-collateralized fashion. 

Tectonic's protocol design and architecture is inspired by Compound, a proven and audited protocol. It is complemented by an attractive incentive program powered by $TONIC, the native token of the Tectonic protocol.

In summary, Tectonic protocol aims to provide secure and seamless cryptocurrency money market functionalities, offering multiple use cases for its users.

How can different users benefit from Tectonic protocol?

HODLers can generate additional returns by supplying assets to the protocol without actively managing them.

Traders can borrow certain cryptocurrencies to capitalize on short-term trading views (e.g., shorting) or yield maximizing opportunities (e.g., farming).

Users can access other cryptocurrencies for various purposes (e.g., participate in ICO, bonding) without needing to liquidate their original assets.

Tectonic is a cross-chain money market that allows users to earn passive yield and access instant-backed loans. It is similar to Compound and offers various use cases:

• Investors can earn interest on their idle assets without actively managing them.
• Traders can borrow crypto assets for short-term or long-term opportunities.
• Users can access cryptocurrencies for IDOs without liquidating their collateral.

Tectonic plans to increase the number of supported tokens and launch leverage yield farming and a governance module in the future.

Tectonic was incubated by Particle B, a startup accelerator dedicated to projects on Cronos and the Crypto.org chain. It was founded by Gary Or, an entrepreneur and product designer with experience in blockchain technology. Or has over ten years of full-stack engineering experience, including overseeing the development of crypto products at Crypto.com.

Tectonic has three core modules: an interest rate mechanism, a liquidation module, and a community insurance module.

The interest rate mechanism adapts a variable interest rate model based on utilization rate and supply and demand. The liquidation module offers a liquidation discount to incentivize stability. The community insurance module acts as a mitigation tool in case of a shortfall event.

Tectonic is powered by TONIC, its native governance and utility token. The total supply of TONIC is 500 trillion, with allocations for the community, team, ecosystem reserve, and network security.

Tectonic is built on Cronos, an Ethereum-compatible blockchain. It utilizes a proof-of-authority (PoA) consensus mechanism and supports the Inter Blockchain Communications (IBC) protocol of Cosmos.

Due to the high token supply, it is unlikely for TONIC to reach one cent. However, if the cryptocurrency market recovers, it could revisit its all-time high of $0.000004029.

TONIC is available on Crypto.com Exchange and Hotbit.