Welcome to the new age Proof of Stake. Today we're taking a closer look at our new partner, Tenet.
23 May 2023, 08:02
š¤© Welcome to the new age Proof of Stake
Today we're taking a closer look at our new partner, Tenet.
š” Thanks to Tenet, the future of AI and DeFi will be built on the most secure and scalable network. Tenet introduces their new Proof of Stake platform, which retains all its advantages while improving security compared to legacy PoS models.
šŖ The future is in safe hands! Under the leadership of Greg Gopman, Dan Peterson and Alex Chang, a new era of PoS begins ā diversified Proof of Stake (DiPoS)!
Tenet's operating mechanics are based on a stabcoin protocol, creating a more capital efficient and user friendly way of borrowing stablecoins against a decentralized collateral base. For more information on how Tenet works, its benefits, and its applications, follow the link in the relevant section of their Gitbook.
šŖ Tenet's native blockchain token, TENET, runs on the Cosmos SDK framework. TENET allows users to expose the value of their assets and use them in their proprietary DeFi ecosystem.
A Tenet token can be placed on validator nodes to secure the network, after which users receive a liquid derivative of their Tenet bet ā tTenet. tTenet can then be locked into a vote escrow system to receive veTenet, as this system has the right to direct the distribution of its own reward pool and receive revenue from the protocol.
The Tenet token has many more uses, all of which you can discover by navigating to the page about the token on the blockchain's official website.
š Visit Tenet's official website via this link to learn more about the ecosystem's products:
Follow Tenet on social media to be the first to know about breakthrough news in the ecosystem:
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#partnerships #tenet