What is TENET (TENET)

Learned by 2.5k usersPublished on 2024.03.29Last updated on 2025.01.26

0.00074

+55.73%

  • Last Price0.00074
  • Turnover (24h)59.01K
  • All-Time High0.34
  • Total Supply1.20B
  • Fully Diluted Market Cap898.80K
  • Ranking6693
  • Market Cap315.58K
  • All-Time Low0.00012
  • Circulating Supply421.34M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Tenet is a decentralized finance platform built using the Cosmos SDK, specializing in Liquid Staking Derivatives (LSD). The platform features an innovative Decentralized Proof of Stake (DiPoS) mechanism, enabling users to stake LSDs from different networks while unlocking additional liquidity and yield opportunities. Tenet’s ecosystem includes the stablecoin LSDC, as well as decentralized applications like AMMs and DEXs. The platform emphasizes decentralized governance through the veTenet staking system.
Summary: Tenet focuses on the Liquid Staking Derivatives market, offering enhanced liquidity and yield opportunities through its decentralized DiPoS mechanism and LSD staking.
2. Team & Investment Info
Greg Gopman: CEO, former CMO at Ankr, and ecosystem growth lead at Kadena.
Alex Cheng: CPO, formerly product manager at Tendermint and Composable Finance.
Dan Lashin: CTO, former CTO at Minter and developer of Cosmos DEX and wallets.
Funding: Incubated by DAO Maker, other details undisclosed.
3. Social Media URLs
X: https://x.com/tenet_org
Telegram: https://t.me/TENETPublicChat
4. Token Info
Token Symbol: TENET
Total Supply: 1200,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x788d86e00ab31db859c3d6b80d5a9375801d7f2a
5. Related Links
Official Website: https://tenet.org/
Other Info: https://www.rootdata.com/Projects/detail/Vertex%20Protocol?k=NTAyNw%3D%3D
GitHub: https://github.com/tenet-org
DefiLlama: https://defillama.com/chain/Tenet

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