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TENET news
About TENET
TENET is a Layer-1 Ecosystem for LSDs, dedicated to unlocking liquidity and safely increasing yields.
TENET is the first to market in building multiple new DeFi primitives, which we believe have the power to revolutionize the DeFi landscape. LSDs are now the largest vertical in DeFi ($18B) and yet no one has figured out how to extract liquidity and utility from them. TENET solves that. Our core technology focuses on improving the 3 keystones of DeFi:
Security: The most secure blockchain ever created. Diversified PoS verification uses liquid staking derivatives of major networks to participate in validation. This makes TENET harder to break than the combined strength of Ethereum, BNB Chain, MATIC, Polkadot, etc.
Liquidity: Staked positions represented as Liquid LSDs (“LLSDs”) that can then be utilized in our DeFi ecosystem all powered by $veTenet, our voting escrow token, which controls all the reward gauges of block rewards and native apps in our ecosystem.
Simplicity: TENET’s retail friendly wallet, Eva, designed to onboard retail investors to TENET DeFi. It will allow users to stake assets, re-stake to TENET, optimize LSDs within our ecosystem, and provide the industry’s first Mobile Wallet AI chat, to help users find DeFi information and interact with pre-approved on-chain actions.
All of this comes together in TENET’s ecosystem of native and third party apps dedicated to LSDs. Native apps include an LSD stablecoin, LSDC, the first ever stablecoin backed by a basket of decentralized, interest-bearing collateral and secured by omnichain governance; and Metadrome, an LSD AMM for bringing deep liquidity to LSDs on the TENET network.
The live TENET price today is $0.037819 USD with a 24-hour trading volume of $843,986 USD. We update our TENET to USD price in real-time. TENET is up 10.43% in the last 24 hours. The current CoinMarketCap ranking is #2911, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,200,000,000 TENET coins.
If you would like to know where to buy TENET at the current rate, the top cryptocurrency exchanges for trading in TENET stock are currently Bybit, Bitget, BitMart, BingX, and Gate.io. You can find others listed on our crypto exchanges page.