TENET
TENET
$0.00000000AUD
Market Cap
4.2M AUD
24H Trade Vol.
349.3K AUD
Total Supply
421.3M
All
1W
1M
1Y
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Price Changes
24H:
0.00%
7D:
0.00%
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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.

Resources

Category
Staking
Website
tenet.org
Source Code
Github

Frequently Asked Questions (FAQs)