Tectonic | Announcements

Hey Tectonians 🌋 Please note that we have postponed the deprecation of the TUSD market to 18 July 2023, 8 am UTC (from 7 July previously). Users are advised to repay TUSD loans and withdraw supplied TUSD assets before this time.

🌋Collateral Swap is here! No more hassle with manual debt repayments and collateral switching. Experience the convenience of streamlining it all into one single transaction with Collateral Swap.🫡 Collateral Swap brings you: ✅ Simplified workflow ✅ Enhanced control ✅ Improved efficiency For more info on our new feature, head to our Medium article below: https://medium.com/@0xTectonic/introducing-collateral-swap-simplify-and-enhance-your-defi-experience-on-tectonic-finance-65d165581f94 https://twitter.com/TectonicFi/status/1674266524239142914

@everyone Hey Tectonians🌋 Introducing Collateral Swap, the upcoming feature that gives you enhanced control and simplifies your DeFi experience. Mark your calendars for June 29, 2023! 🗓️ https://twitter.com/TectonicFi/status/1673541777423503367?s=19

Hey Tectonians 🌋 Please note that we will continue the wind-down of the TUSD market following increasing business uncertainty and limited demand. Effective 7 July 2023, 8 am UTC, we will deprecate the TUSD market, followed by a complete removal from the 'Markets' page once we ensure that users have had sufficient time to act. Users are advised to repay TUSD loans and withdraw supplied TUSD assets before this time.

Gm Tectonians 🌋, Effective on June 21 2023 6:00 am UTC, some market parameters for ATOM market will be updated, which might result in some accounts being liquidated. Please repay loans or top-up collateral before the said date to mitigate any liquidation risks. For details, please refer to the infographic or our gitbook for the latest market parameters (https://tectonic.gitbook.io/docs/protocol/money-market-parameters) 🙌.

$XRP is NOW LIVE on Tectonic! $XRP holders can: 🌋Supply $XRP to earn more yield 🌋Borrow $XRP in an overcollateralized manner Start earning more yield on your $XRP today! app.tectonic.finance #Cronos #Crofam #XRPArmy https://twitter.com/tectonicfi/status/1671069130190098432?s=46&t=HCmPCYLjrHVSWcCgZ_ThCQ

Gm Tectonians 🌋, Effective on June 21 2023 6:00 am UTC, some market parameters for ATOM market will be updated, which might result in some accounts being liquidated. Please repay loans or top-up collateral before the said date to mitigate any liquidation risks. For details, please refer to the infographic or our gitbook for the latest market parameters (https://tectonic.gitbook.io/docs/protocol/money-market-parameters) 🙌.

gm Tectonians ☀️ You can now repay your loans using your deposited collateral - in just a single transaction! 🌋 Interested to know how this works? Check out out gitbook here 👇🏼 https://tectonic.gitbook.io/docs/protocol/leverage-management-tools-coming-soon/repay-with-collateral

Rewards from the Zealy campaign have been distributed to all winners, check your wallets for a surprise! ✨ 🌋 Congratulations once again! 🥳

Hi Tectonians, Check out our Q2 23 - Q4 23 roadmap and drop us your comments below 👇👇 https://medium.com/@0xTectonic/tectonic-roadmap-a8b50d823c01

$VVS is listed on Tectonic! Let's start lending and borrowing on $VVS market now 🏃‍♂️🏃‍♂️🏃‍♂️ https://app.tectonic.finance/markets/main/vvs

Head to $ADA market on Tectonic for lending and borrowing now https://app.tectonic.finance/markets/main/ada

Hi Tectonians! Put your hands in the air 🙌 🌋 We will enable $ADA in the main pool for lending and borrowing starting on Thurs! https://app.tectonic.finance/markets/

Hi Tectonians We have shifted $TONIC incentives from wBTC and wETH to the borrowing side, unlocking an incredible opportunity for yield farming through the Fulcrom protocol 🔥. To take advantage of this opportunity, you can: 1) Deposit stable coins on Tectonic, which gets you ~2-3% of passive yield. 2) Borrow wBTC or wETH on Tectonic. Currently, net borrow APY for these 2 markets are negative, meaning you’re getting paid to borrow! 3) Deposit borrowed wETH/wBTC in Fulcrom's FLP pool, and receive real yields paid in CRO and esFUL. Currently, you can unlock an impressive earning potential of up to 180% 🙌! 4) Consider re-depositing your Fulcrom rewards to compound them and amplify your gains. By staking 300 FLP, you gain access to max leverage trading on Fulcrom, enabling you to explore trading strategies with leverage of up to 50x. Seize the opportunity to enhance your trading game and capitalize on market movements.

Hey Tectonians! New token listing this week 🎊 Do you know which token is it? 💡 It starts with "A"

Hey Tectonians ! ☀️ We're back with our weekly games night! The next games night will be held on 06 May at 5:30am UTC! 🥳 The Zealy XP Rewards will be the following: 🏆- Absolute winner: 700 XP 🥇- 1st Runner-up: 600 XP 🥈- 2nd Runner-up: 500 XP 🥉- 3rd Runner-up: 400 XP 🏅- Participation prize: 100 XP (for everyone) When: 🗓- 06 May at 5:30am UTC Where: https://discord.com/channels/910929249953792021/1088314660689817601 To read more about our launch campaign, check out the link here; https://discord.com/channels/910929249953792021/910930155218817054/1085819899085078548 See y'all for game night!🍻

Hey Tectonians ! ☀️ We're back with our weekly games night! The next game night will be held on 23 April at 2pm UTC! 🥳 The Crew3 XP Rewards will be the following: 🏆- Absolute winner: 700 XP 🥇- 1st Runner-up: 600 XP 🥈- 2nd Runner-up: 500 XP 🥉- 3rd Runner-up: 400 XP 🏅- Participation prize: 100 XP (for everyone) When: 🗓️- 23 April at 2pm UTC Where: ⁠🎮-game-night To read more about our launch campaign, check out the link here; ⁠ https://discord.com/channels/910929249953792021/910930155218817054/1085819899085078548 See y'all for games night!🍻

Hi Tectonians! Ready to feel the heat? We just added the Cosmos $ATOM token to our platform, allowing users to supply and lend for a dynamic yield 🔥 🔗 👇 app.tectonic.finance/markets/ https://twitter.com/TectonicFi/status/1648966377691283457?s=20

gm Tectonians! 🌋 Get ready to erupt with excitement! 🌋🔥 We will be adding $ATOM onto our main pool. Starting 20 Apr 2023, you can supply and borrow $ATOM from tectonic.fi LFG IBC gang 💪

gm Tectonians! 🌋 You can now track how much protocol revenue has been paid to TONIC stakers! Check it out on the Earn Page: https://app.tectonic.finance/tonic/ Ref: Revenue to stakers = 50% * (total interest revenue + liquidation revenue) Happy staking! 🤑