TONIC Token
The Tectonic protocol is governed by the Tectonic token, $TONIC. $TONIC has a total supply of 500,000,000,000,000 $TONIC (500 Trillion), it can be earned by participating in the Tectonic protocol activities.
Token Economics
$TONIC token allocation will be distributed as follows:
Team: 23% (4 years vesting, daily release)
Airdrop: 0.1% (no vesting schedule)
Ecosystem Reserve : 13% for sponsoring partner development projects, community initiatives and advisors, etc. (No vesting schedule, will only be utilized / released as & when there’s any ecosystem related initiatives)
Network Security & Maintenance : 13% for security audit, protocol operations, infrastructure upgrade, liquidity reserve, etc. (No vesting schedule, unlocked at launch)
Community Incentives : 50.9% to Tectonic community members as participation incentives and liquidity mining / staking rewards, including $TONIC rewards paid out on third party protocols (e.g. Farms & Mines on DEXes)
Commonly asked questions
Q) How do I obtain or earn $TONIC?
A: There are several ways you can obtain/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 xTONIC in a Vault
By buying $TONIC on VVS Finance or on Crypto.com
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