Tenet (TEN) Metrics

Basic info
Website
Asset type
Market Cap
no data
All Time High
$4.27 07 Apr 24 % to ATH (28,677.43%)
Volume (24h)
$0.00000000
Circulating Supply
111,600,000 Total:1,200,000,000

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About Tenet

Tenet is an innovative Layer-1 blockchain ecosystem designed to unlock the full potential of liquid staking derivatives, often referred to as LSDs, within the broader decentralized finance landscape. Positioned as a hub for LSDfi, or liquid staking derivative finance, Tenet aims to provide a robust and secure environment for users to leverage their staked assets while maintaining liquidity. The project recognizes the growing trend of asset staking and seeks to create an infrastructure where staked capital can be actively utilized across various DeFi protocols, enhancing capital efficiency for participants. By focusing on LSDs, Tenet addresses the inherent immobility of traditional staked assets, allowing users to participate in governance, lending, borrowing, and other DeFi activities without unstaking their underlying cryptocurrencies.

The core technology behind Tenet involves a unique approach to Proof of Stake consensus, which underpins its native blockchain. This diversified Proof of Stake mechanism is engineered to support a wide array of underlying assets, enabling a more inclusive and resilient network. The Tenet blockchain is built to be EVM compatible, ensuring seamless integration with existing Ethereum-based decentralized applications and developer tools. This compatibility lowers the barrier to entry for developers and users, facilitating the migration and deployment of smart contracts onto the Tenet ecosystem. A key feature of Tenet is its commitment to omnichain interoperability. This means the platform is designed to connect and communicate with multiple blockchains, fostering a cross-chain environment where LSDs from various networks can be utilized within the Tenet ecosystem. This omnichain capability is crucial for aggregating liquidity and expanding the utility of LSDs across the decentralized web.

Tenet's utility token, TEN, serves multiple critical functions within its ecosystem. It is used for network security through staking, allowing token holders to participate in the consensus mechanism and earn rewards. Furthermore, TEN is integral to the governance framework of the Tenet network, empowering community members to propose and vote on key protocol upgrades, parameter changes, and strategic decisions, ensuring a decentralized and community-driven development path. The token also facilitates transaction fees on the network, contributing to the economic sustainability of the platform. By creating a dedicated LSDfi hub, Tenet seeks to become a foundational layer for a new generation of DeFi applications that leverage liquid staking, providing enhanced yield opportunities, improved liquidity for staked assets, and a more interconnected blockchain experience for users globally. The project's vision is centered on revolutionizing how staked capital interacts with DeFi, offering a more flexible and capital-efficient approach to decentralized finance.

Tenet [TEN] is a token without its own blockchain. The most actual price for one Tenet [TEN] is $0. Tenet is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [TEN] is $0, while the Tenet market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about Tenet [TEN] on tenet.farm

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Tenet Basics

Hardware wallet Yes
Website
Asset typeToken
Tags
  • Ethereum (ETH) Token (ERC-20) (12510)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Tenet Cryptocurrency
  • How to buy Tenet? How can I buy the Tenet coin? Tenet stock how to buy? How to get Tenet?

    To find out where you can buy currency Tenet see the list of available exchanges.

  • Where to trade Tenet?

    Click here to see the list of available exchanges for Tenet.

  • Tenet is an innovative Layer-1 blockchain ecosystem designed to unlock the full potential of liquid staking derivatives, often referred to as LSDs, within the broader decentralized finance landscape. Positioned as a hub for LSDfi, or liquid staking derivative finance, Tenet aims to provide a robust and secure environment for users to leverage their staked assets while maintaining liquidity. The project recognizes the growing trend of asset staking and seeks to create an infrastructure where staked capital can be actively utilized across various DeFi protocols, enhancing capital efficiency for participants. By focusing on LSDs, Tenet addresses the inherent immobility of traditional staked assets, allowing users to participate in governance, lending, borrowing, and other DeFi activities without unstaking their underlying cryptocurrencies. The core technology behind Tenet involves a unique approach to Proof of Stake consensus, which underpins its native blockchain. This diversified Proof of Stake mechanism is engineered to support a wide array of underlying assets, enabling a more inclusive and resilient network. The Tenet blockchain is built to be EVM compatible, ensuring seamless integration with existing Ethereum-based decentralized applications and developer tools. This compatibility lowers the barrier to entry for developers and users, facilitating the migration and deployment of smart contracts onto the Tenet ecosystem. A key feature of Tenet is its commitment to omnichain interoperability. This means the platform is designed to connect and communicate with multiple blockchains, fostering a cross-chain environment where LSDs from various networks can be utilized within the Tenet ecosystem. This omnichain capability is crucial for aggregating liquidity and expanding the utility of LSDs across the decentralized web. Tenet's utility token, TEN, serves multiple critical functions within its ecosystem. It is used for network security through staking, allowing token holders to participate in the consensus mechanism and earn rewards. Furthermore, TEN is integral to the governance framework of the Tenet network, empowering community members to propose and vote on key protocol upgrades, parameter changes, and strategic decisions, ensuring a decentralized and community-driven development path. The token also facilitates transaction fees on the network, contributing to the economic sustainability of the platform. By creating a dedicated LSDfi hub, Tenet seeks to become a foundational layer for a new generation of DeFi applications that leverage liquid staking, providing enhanced yield opportunities, improved liquidity for staked assets, and a more interconnected blockchain experience for users globally. The project's vision is centered on revolutionizing how staked capital interacts with DeFi, offering a more flexible and capital-efficient approach to decentralized finance.

  • Tenet is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the value of Tenet coin?

    1 Tenet is worth $0.00000000.

  • To get price and historical data for Tenet coin, use API ID: ten-tenet for endpoints at http://api.coinpaprika.com.

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