FAQs
How do I get started?
First, you need to set up your wallet. You can use the Crypto.com Onchain Wallet, Metamask, WalletConnect or BraveWallet to interact with Tectonic. Then, you will need to bridge funds over to Cronos.
You can check out the official bridging guide here.
How do I supply assets to Tectonic?
Just head over to the Markets page, select the asset you want to supply and click "Supply".
Please see our detailed guide on how to supply here.
How do I borrow Assets from Tectonic?
To borrow assets on Tectonic, you’ll first need to supply a supported cryptocurrency to the platform. Once supplied, enable that asset as collateral. From there, simply choose the asset you wish to borrow, enter the amount, and click “Borrow.” Be sure to keep an eye on your Loan-to-Value (LTV) ratio—if it gets too high, your position could be partially liquidated to protect the protocol.
Please see our detailed guide on how to borrow here.
How do I withdraw assets from Tectonic?
Head over to the Dashboard page and select the asset you want to withdraw. Make sure you have sufficient liquidity to withdraw or you won't be able to complete the transaction.
Please see our detailed guide on how to withdraw here.
How do I repay my loan?
Go to the Dashboard page, select the asset you want to repay and click "Repay".
Please see our detailed guide on how to repay here.
What are liquidations?
A liquidation happens when your Loan-to-Value (LTV) ratio exceeds the protocol's Liquidation Threshold. This indicates that your collateral no longer sufficiently covers your outstanding loan, triggering the system to take corrective action. Liquidations are essential to ensure Tectonic remains solvent and minimizes bad debt across the platform.
To help users monitor risk, the interface includes a lava bar that fills up as your risk increases—if it hits 100%, liquidation may occur. You can check how close you are to liquidation via the lava bar on the dashboard.
Click here to learn more about liquidations.
What are Isolated Pools?
Tectonic currently supports three lending pools:
Main Pool: Our default pool with a wide range of popular, high-liquidity assets.
Veno Pool: Supports specific tokens like LATOM only in this pool
DeFi Pool: Supports specific tokens like VNO and FER, enabling users to access DeFi strategies on VVS Finance and Single Finance.
The Veno and DeFi pools are examples of isolated pools—separate lending markets designed to support newer or more volatile tokens while limiting potential risk to the broader protocol.
You can only deposit or borrow the tokens listed within each pool.
What are tTokens?
When you supply assets to Tectonic, you’ll receive tTokens in return. These act as your receipt for the deposit and represent your claim on both the original asset and the interest it earns over time.
For example, if you supply USDC, you’ll receive tUSDC.
The number of tTokens you receive depends on the current exchange rate between tTokens and the original asset.
This exchange rate is always increasing as interest accrues—so while the number of tTokens you hold stays the same, their value goes up over time.
When you’re ready to withdraw, your tTokens are burned and you receive the updated value of your original asset, including interest.
Learn more about tTokens here.
What determines the interest rate?
Our interest rate model is documented here. The interest rate parameters can be found here .
What price oracle does Tectonic use?
Currently, we are using our own internal oracles. The oracles update twice hourly or whenever there’s a 1% change in price.
What is $TONIC?
$TONIC is the token of the Tectonic protocol. Read more about $TONIC's tokenomics here.
How do I earn $TONIC?
There are several ways you can earn $TONIC:
Via emissions from supplying or borrowing assets on Tectonic
By staking your $TONIC for xTONIC to receive a portion of protocol revenue
By locking them in our Vaults
Where can I buy/sell $TONIC?
You can buy and sell $TONIC on VVS Finance or on Crypto.com.
Is Tectonic audited?
Tectonic protocol is a fork of Compound protocol. Compound protocol was audited by Trail of Bits and Open Zeppelin. Tectonic's smart contracts were audited by Cronos Labs’s security team as well as external auditing firms.
The audit reports can be found here.
Where can I find the contract addresses and smart contracts?
You can find them here.
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