MarsDAO x Tenet. We have some fiery news for you. We are pleased to introduce our new partner, Tenet.
18 May 2023, 11:54
๐ฅ MarsDAO x Tenet
We have some fiery news for you! We are pleased to introduce our new partner, Tenet.
๐ Tenet is the first Proof of Stake-based blockchain that builds Web3 generative AI models. Tenet is building a $10 trillion AI economy on the new DeFi primitive, bringing the industry together.
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๐ Tenet uses Tenet Stablecoin, a decentralized stablecoin protocol that uses a liquidity model allowing for interest-free loans in LSDC (stablecoin pegged to the US dollar) against income-producing collateral assets.
The Tenet Stablecoin protocol creates a more capital-efficient and user-friendly way to borrow stablecoins against a decentralized collateral base, as well as decentralizing the management (and therefore security) of the protocol. This should protect the Tenet Stablecoin protocol from governance-based attacks.
๐ฃ We're already planning a joint broadcast where we'll discuss Tenet, the mechanics of the project and future plans!
Follow the news on MarsDAO and our partner Tenetโs social media:
Twitter | Telegram
#partnerships #tenet