Liquidity Incentives Program
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.
Any additional incentives program will be made available through Tectonic’s team discretion in consultation with the community. Once Tectonic’s governance process is established, any future incentive programs and their relevant parameters will be subjected to the proposal & voting process.
To avoid confusion, $TONIC is the main governance token for Tectonic protocol, while [tToken] is a token created by the Tectonic protocol for the users supplying assets to the protocol. [tToken] entitles the owner to redeem the supplied asset in an exchange rate that reflects the accrued interest of the supplied asset over the holding period.
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