Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is TENET (TENET)?

TENET basic info

Name:TENET
Ticker:
TENETBuy now
Introduction:

What Is TENET?

TENET is a layer 1 network dedicated to unlocking liquidity and safely amplifying yields in the decentralized finance (DeFi) sector. Positioned as a pioneer in the market, TENET introduces innovative DeFi primitives that have the potential to revolutionize the current landscape. At its core, TENET addresses the three foundational pillars of DeFi: Security, Liquidity, and Simplicity. By leveraging Liquid Staking Derivatives (LSDs), TENET offers solutions to extract unparalleled liquidity and utility from these assets.

The TENET platform is built using the Cosmos SDK, introducing a user-centric blockchain that provides a modular and flexible framework for developing powerful decentralized applications (DApps). With its unique consensus mechanism, Diversified Proof of Stake (DPOS), TENET aims to create one of the most secure and accessible DeFi ecosystems. This mechanism dismantles typical barriers to entry and introduces a novel stablecoin solution, enhancing the overall user experience.

Resources

Official Documents: https://docs.tenet.org/tenet/general

Official Website: https://tenet.org/

How Does TENET Work?

TENET's architecture is anchored in its Diversified Proof of Stake (DPOS) infrastructure. This innovative layer allows LSDs to stake to the chain, ensuring enhanced security and robustness. The platform introduces the concept of "diversified PoS", which relies on the shared market strength of various Proof-of-Stake blockchains, significantly reducing its vulnerability to attacks.

One of TENET's flagship products is the Liquid Staking Dollar Coin (LSDC). This decentralized stablecoin is minted through a basket of LSD collateral, eliminating any reliance on centralized infrastructures like banks. The LSDC token is overcollateralized, backed by an on-chain proof-of-reserve, ensuring its solvency and resistance to unforeseen market events.

Eva, TENET's retail-friendly wallet, is designed to onboard retail investors seamlessly into the world of DeFi. This keyless wallet, equipped with an industry-first Mobile Wallet AI chat, simplifies staking assets, re-staking to TENET, and optimizing LSDs within the ecosystem. Furthermore, the platform's native LSD DEX, Metadrome, pools LSD assets to create Meta LSD assets, bringing deep liquidity to LSDs on the TENET network.

What Is TENET Token?

Central to the TENET ecosystem is the TENET token, serving multiple purposes. Primarily, it functions as the platform’s native gas token, facilitating transactions and smart contract operations on the TENET chain. Users can use TENET tokens for various activities, and it will be integrated into apps built on the platform, such as Eva, where minor fees in TENET will be required for financial operations.

Additional utilities of the TENET token include:

- Access to discounted transactions in the Eva AI wallet.

- Entry to LSDC stability pool staking opportunities.

- Participation in network validation.

- Involvement in the Tenet DAO for community governance.

TENET token holders engage in a vote-locking system to partake in network governance. By locking their tokens, they receive veTENET (vote-escrowed TENET), granting them the ability to influence where value accrues in the Tenet ecosystem, such as determining block rewards and DeFi protocol incentives distribution.

What Determines TENET's Price?

In the dynamic world of cryptocurrency and blockchain, the price of a token like TENET is influenced by a myriad of factors, both intrinsic and extrinsic. At its core, the demand and supply mechanics play a pivotal role. As with any asset, when the demand for TENET tokens rises, while the supply remains constant or decreases, the price is likely to surge. Conversely, if demand diminishes while supply remains unchanged or increases, the price may decline. This demand can be driven by various elements, including the platform's utility, technological advancements, and the overall performance of the DeFi ecosystem in which TENET operates.

External market sentiments, often shaped by global economic conditions, regulatory news, and the broader cryptocurrency market trends, can also sway TENET's price. Positive news and endorsements related to blockchain technology or the DeFi sector can lead to increased investor interest, pushing the price upwards. On the other hand, regulatory clampdowns or security breaches in similar platforms can create apprehension, potentially driving the price down. Additionally, the role of whales (large holders of cryptocurrency) and their trading strategies can introduce volatility, as their buy or sell decisions can lead to significant price fluctuations. In essence, TENET's price is a reflection of a complex interplay of its inherent value proposition, market dynamics, and the broader sentiments prevailing in the cryptocurrency and blockchain domain.

For those interested in investing or trading TENET, one might wonder: Where to buy TENET? You can purchase TENET on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Show more
Current price:
All-time high:$0.2767
All-time low:$0.003547

TENET supply and tokenomics

Circulating supply:0 TENET
Total supply:1,200,000,000 TENET
Max supply:1,200,000,000 TENET
Market cap:$0.00
Fully diluted market cap:$4.79M

Links

Buy TENET for $1Buy TENET now

What is the development prospect and future value of TENET?

The market value of TENET currently stands at $0.00, and its market ranking is #3689. The value of TENET is not widely recognized by the market. When the bull market comes, the market value of TENET may have great growth potential.

As a new type of currency with innovative technology and unique use cases, TENET has broad market potential and significant room for development. The distinctiveness and appeal of TENET may attract the interest of specific groups, thereby driving up its market value.

What will the price of TENET be in 2025?
Based on TENET's historical price performance prediction model, the price of TENET is projected to reach $0.01775 in 2025.
What will the price of TENET be in 2030?
In 2030, the TENET price is expected to change by -20.00%. By the end of 2030, the TENET price is projected to reach $0.02753, with a cumulative ROI of +621.69%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of TENET and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is TENET worth investing or holding? How to buy TENET from a crypto exchange?

If you want to buy TENET, the following information may be helpful for your investment decisions:
In the last 7 days, the price of TENET has fallen by -8.32%, leading to negative returns for most TENET investors. The market is currently pessimistic about the price trend of TENET.
It is important to note that the current price of TENET has retreated by -98.56% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether TENET is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in TENET or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of TENET, if you want to buy or sell TENET, you can consider Bitget for your trading needs. The best place to buy TENET is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in TENET has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy TENET. Here's a step-by-step guide on how to buy TENET on Bitget.

How to get TENET through other methods?

Using cash to buy TENET is not the only way to obtain TENET. If you have the time to spare, you can get TENET for free.
Learn how to earn TENET for free through the Learn2Earn promotion.
Earn free TENET by inviting friends to join Bitget's Assist2Earn promotion.
Receive free TENET airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to TENET through Bitget Convert, Bitget Swap, or spot trading.

What is TENET used for and how to use TENET?

The use case of TENET may expand as the crypto market and the project itself develop. Currently, you can use TENET to achieve the following goals:
Arbitrage by trading TENET: Since TENET is a frequently traded cryptocurrency, the price of TENET is always fluctuating. Earn more TENET by buying low and selling high on the exchange. Bitget spot market provides a variety of TENET trading pairs to fully meet your needs.
Earn by staking TENET: You can also generate income through financial management methods such as staking TENET or lending TENET. Bitget Earn offers a variety of financial products designed to help you earn more income from your TENET.
Send or pay TENET: If you want to give TENET to your friends, a charity, or a fundraiser, or you want to pay someone with TENET, you can quickly and easily send TENET to the recipient through their payment address.
You can also go to the official website of the TENET project to learn more about the use cases of TENET. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours
BitcoinBitcoin
PAPO NINJAPAPO NINJA
DogecoinDogecoin
SolarXSolarX
UXLINKUXLINK
SolanaSolana
GrassGrass
SuiSui

Where can I buy TENET (TENET)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
google download badgeios download badge
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.