1) Go to the Tectonic “Markets” page directly or go to the Tectonic website and click “Enter App”
2) Click the yellow “Connect Wallet” button on the top right of the page and make sure you are connected to the Cronos Network.
A guide on how to set-up Cronos Network on Metamask can be found here. The Crypto.com Onchain Wallet will automatically have the Cronos Network setup.
3) On the “Markets” page, you can choose to supply assets either within one of our three Pools: Main Pool, Veno Pool, or DeFi Pool. Once you have decided on a pool, select the asset that you want to supply.
4) Once you have selected the asset that you want to supply (for example, USDC), you will be directed to the individual asset markets page
On this page, you can view key information on the asset, as well as supply, withdraw, borrow or repay
5) Click on the “Supply” button. After which, indicate the amount you want to supply and click “Supply”
6) Confirm your transaction on your wallet
7) If your transaction is successful, you will receive a pop-up notification
Commonly asked questions
Q) How do I earn interest?
A: When you supply an asset, you will receive a tToken as a receipt. These tTokens accumulate interest over time - this is reflected in their tToken-to-asset exchange rate, which can be found on the individual assets market page (under the Market details section, shown in the screenshot below). By simply holding the tToken, you will be earning interest.
Q) Can you provide me an example of how the interest is earned?
A: Check out a detailed example here. Keep in mind that Interest isn’t paid out regularly—instead, it’s automatically included when you withdraw your assets from Tectonic.
Q) What is Net Supply APY / Distribution APY?
A: Net Supply APY = Interest paid to user for supplying asset + Distribution APY
if Distribution APY = 0%; there are no TONIC rewards paid out for that market
Q) What is "Borrow limit"?
A: Borrow limit is the maximum amount, in USD term, that you can borrow on Tectonic based on how much you have supplied. The more assets supplied, the higher the borrow limit.