Tectonic

Tectonic (TONIC)

Full information about Tectonic (TONIC). Current Tectonic price in SGD, TONIC open/close rates, Tectonic history charts, Tectonic market capitalization and volume.

1 TONIC = 0.000000 $ Singapore Dollar (SGD)
0.0000001 SGD

Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago 1 USD = 1.312220 SGD

General information
Global rank:854
Name: Tectonic Tectonic
Symbol:TONIC
Current coin price (SGD):0.000000 $
Last hour:arrow_upward0.200 %
Last 24 hours:arrow_downward-0.720 %
Last 7 days:-1.38 %trending_down
Capitalisation (SGD):22 542 233.71 $
Volume 24h (SGD):23 864.03 $
Available supply:247 733 879 909 099.00 TONIC
Total coin supply:-1 TONIC
Start date:2021-06-17
Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago

Tectonic/Singapore Dollar (TONIC/SGD) price chart

Tectonic/Singapore Dollar (TONIC/SGD) capitalisation and volume charts

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.