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Or mine vvs for tonic or provide liquidity on tectonic dapp Get an instant loan to unlock liquidity from idle crypto assets into Tectonic. ➥ Compare Tectonic with Bitcoin how can i buy some On August 18, 2022, it was reported that Crypto had been quietly letting go of hundreds of employees, beyond its initial 5% layoff in June, due to the downturn in the cryptocurrency market. Reply .csvChange (24h) -4.53% Being touted as the first-of-its-kind experiment, the project aims to establish Bitcoin’s utility as money, not as some tradable commodity. This is in stark contrast to other ongoing uses where, from retail to institutional investors, cryptos are bought for short-term capital gains. Officially launched in December 2021, Tectonic currently focuses on users being able to lend and borrow stablecoins like USDC, USDT, DAI, and CRO. So far, the platform has supplied nearly $600 million worth of crypto to users, while users have borrowed approximately $312 million worth of crypto on the platform.
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