Buy TENET
What is TENET?
TENET is a Layer-1 Ecosystem designed for Liquid Staking Derivatives (LSDs). It focuses on unlocking liquidity and enhancing yield opportunities through a Diversified Proof of Stake (DiPoS) system, which ensures secure consensus and yield optimization.
How does TENET work?
TENET operates using the Cosmos SDK, enabling full EVM compatibility. Its network security is enhanced by the DiPoS mechanism, which allows validators to stake a variety of assets, including LSDs from multiple networks. This diversification improves security and yield opportunities for users.
What are the potential use cases for TENET?
TENET supports cross-chain interactions within the Cosmos ecosystem, enabling complex DeFi applications. It offers a dual-income model for yield, integrating LSDs for increased security and efficiency in blockchain operations. TENET also fosters community governance through its DAO, allowing token holders to participate in platform decisions.
What is the history of TENET?
Founded by a team including notable advisors like Andrew Carr and Camyar Matini, TENET recently executed a token raise and planned a Q3 2023 mainnet launch alongside a suite of applications. Noteworthy developments include its integration with LayerZero for omni-chain LSDs and strategic partnerships to expand its LSD initiatives across various networks.
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Frequently Asked Questions (FAQs)
What is the current price of TENET (TENET)?
The TENET price is $0.00742937 AUD, representing a -5.6% from the day prior.
Where is the best place to buy TENET (TENET) in Australia?
The best place to buy TENET (TENET) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell TENET (TENET) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of TENET (TENET)?
The trading volume of TENET (TENET) is $348.3K AUD in the last 24hrs, representing a -5.6% from the day prior.
How can I buy TENET (TENET)?
TENET (TENET) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of TENET (TENET)?
The current market cap of TENET (TENET) is $3.1M AUD.
Can I convert TENET (TENET) to cash?
Yes - With Coinstash you can convert your TENET (TENET) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many TENET (TENET) are there?
The current circulating supply of TENET (TENET) is 421.3M.
Is Coinstash a safe place to buy TENET (TENET) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling TENET (TENET) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.