Tectonic

Is Tectonic a secure platform?

Tectonic prioritizes security by employing smart contracts inspired by the well-established Compound protocol and has undergone external audits by firms like Slowmist. The platform's architecture includes mechanisms such as over-collateralization and automated liquidations to manage risk. Additionally, Tectonic adheres to industry standards to protect user assets and data.

How to use Tectonic?

To use Tectonic, connect a compatible wallet (e.g., MetaMask) to the Cronos network and deposit supported cryptocurrencies into the platform to earn interest. To borrow assets, supply collateral and select the desired asset to borrow, ensuring that the loan-to-value ratio remains within safe limits to avoid liquidation. Users can also stake TONIC tokens to earn rewards and participate in governance.