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Tectonic Finance

DeFi • Lending

A tectonic shift inlending & borrowing.

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The first issue is that Cronos is not very well-liked, and relocating assets there is expensive and difficult because you have to move them back afterwards. Tectonic's financial model is attractive: by staking Tonic, you can earn xTonic, which can be used to pay less in fees and receive higher interest rates. Similar to other DEFI borrowing services, the APY depends solely on market conditions and locked-in assets. If more chains are added, the project will be strong.