Tenet Protocol incentivizes user engagement by rewarding them for restaking Liquid Staking Derivatives (LSDs), with 4% of the $TENET token supply allocated for early participants to increase their yield. In Season 1, rewards are amplified based on user activity on the Tenet Testnet network. Tenet Protocol is an innovative Layer 1 EVM blockchain that uses Liquid Staking Derivatives (LSDs) from other blockchains to secure its network, solving a major challenge in DeFi. Its ecosystem includes a native stablecoin, LSDC, and a unique tokenomics model that promotes liquidity, governance participation, and cross-chain interoperability, making Tenet a leader in decentralized finance innovation.
4% of the $TENET total token supply
Est. value
Ethereum
Chain
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Claim time
About Tenet Protocol
Increase early participants' yield by restaking TENET tokens and accessing amplified rewards based on user activity on the Tenet Testnet network. Tenet leverages the Liquid Staked Derivatives (LSDs) from other blockchains to enhance network security, solving a key issue in decentralized finance. With the LSDC and a distinct tokenomics model, Tenet promotes liquidity, governance participation, and cross-chain interoperability, establishing itself as a leader in DeFi innovation.
Step-by-step guide
Navigate to the Tenet Mainnet dashboard to begin the restaking process. Acquire $TENET, transfer to your ERC-20 wallet, and bridge to the Tenet mainnet via the Tenet Bridge, powered by LayerZero. Use the tLSD MasterFactory to restake LSDs or TENET with a chosen validator, receiving a tLSD in return. Note: The unstaking process requires an unbonding period of 2 weeks. The Tenet Drop boosts rewards for Tenet Staking, TendieSwap Bond/Swap, Maverick liquidity provision, and TENET Testnet participation.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
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