How to Buy Tenet (TENET)
Price of Tenet (24h)$0.00386164223154672.8%Log In to Buy Tenet(TENET)Buy Tenet (TENET) on KuCoin in Four Simple Steps
Create Your Free KuCoin Account
Secure Your Account
Verify Your Account
Add a Payment Method
Buy Tenet (TENET)
Choose How You Want to Buy Tenet on KuCoin
Buy Tenet (TENET) with crypto on the KuCoin Spot Market
Tip: KuCoin offers a variety of order types to buy Tenet (TENET) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.
How to Buy Crypto on the Spot Market Web
How to Buy Crypto on the Spot Market App
Get Your First Tenet (TENET) with KuCoin
Get Started NowHow to Store Tenet (TENET)
Store Tenet in Your KuCoin Account
Hold Your Tenet in Non-Custodial Wallets
What Can You Do with Tenet (TENET) on KuCoin?
Hold
Trade
Earn
Why Is KuCoin the Best Platform to Buy Tenet (TENET)?
Safe and Trusted
High Liquidity
Home of Crypto Gems
Intuitive Interface
FAQ
Is Tenet (TENET) a Good Investment?
There are several reasons why you could consider investing in TENET crypto, including:
Tenet’s Diversified Proof of Stake (DiPoS) Consensus Mechanism
TENET is built on a diversified proof-of-stake (DiPoS) blockchain using the Cosmos SDK. DiPoS is a consensus mechanism that relies on the shared market strength of various other proof-of-stake blockchains, which helps reduce vulnerability to attacks and enhances security. This innovative approach aims to provide extreme economic stability to the network by stacking the security of multiple POS chains.
Blockchain Interoperability Through Cosmos IBC
As TENET is built on the Cosmos SDK, it benefits from interoperability with the broader Cosmos ecosystem through the InterBlockchain Communication Protocol (IBC). Applications built on the TENET platform can easily interact with other popular chains within the Cosmos ecosystem, such as Cronos, Kava, Osmosis, Canto, and THORChain. This interoperability expands the potential use cases and utility of TENET.
EVM Compatibility
TENET is bringing the Ethereum Virtual Machine (EVM), a battle-tested decentralized virtual machine, to the Cosmos ecosystem. Tenet’s EVM compatibility allows developers familiar with Ethereum's tooling and software development kits (SDKs) to quickly create and deploy applications on TENET Chain. It will enable Ethereum and EVM-chain developers to leverage a high-speed blockchain suitable for high-throughput and mainstream applications, including decentralized finance (DeFi), social apps, data storage services, and decentralized autonomous organizations (DAOs).
Tenet’s Liquid Staking Derivatives (LSDs)
TENET offers liquid staking derivatives or Tenet-provided liquid staking for major assets like ETH, BNB, ATOM, SOL, and ADA, allowing participants to stake these assets and participate in network security. Using LSDs allows asset holders to earn extra rewards by restaking assets while maintaining exposure to the collateral. It incentivizes participation and provides additional opportunities for yield generation within the TENET ecosystem.
What Is TENET Crypto Price Prediction?
While we cannot offer a reliable TENET price prediction over any duration, you could monitor the following factors to understand price action and volatility in this cryptocurrency:
Level of On-chain Activity
Higher on-chain activity resulting from increased adoption of the Tenet blockchain by dApp developers and consumers could power an uptrend in the TENET price. The TENET to USD price could register gains as more users access its blockchain to conduct transactions and its dApps.
Future Developments in the Tenet Ecosystem
News, announcements, and updates related to the Tenet project, such as technological advancements, partnerships, integrations, or new use cases, can impact the token price. Positive developments can increase investor confidence and attract new participants, potentially increasing prices.
Crypto Market Sentiment
The market sentiment and investors’ confidence in the project can influence the price of Tenet token. Positive news, updates, partnerships, or developments related to Tenet can generate optimism and attract more buyers, potentially increasing the value of Tenet crypto.
What Is TENET Token Used For?
TENET is the native token of the Tenet blockchain and has the following functions:
Gas Token for Conducting Transactions on Tenet Network
TENET is used as a gas token to pay for transaction execution on the Tenet blockchain. When users interact with dApps or perform transactions on Tenet, they must pay a certain amount of TENET tokens to cover the associated fees.
Stake TENET to Earn Validator Rewards
TENET can be staked in a validator to secure the Tenet blockchain through its innovative DiPoS (Diversified Proof of Stake) mechanism. By staking TENET with a Tenet Staking Provider, users receive a Liquid Staking Derivative (LSD) of TENET called tTENET. Staking TENET and holding tTENET enables users to participate in the validation process and earn rewards for securing the blockchain.
Provide Liquidity to Tenet’s LSDs
Tenet introduces Liquid Staking Derivatives (LSDs), tokens representing staked assets on Tenet Validators. By staking TENET and receiving tTENET, users can provide liquidity to the Tenet DeFi ecosystem. These LSDs can be utilized within the Tenet network for various purposes, such as participating in yield farming, liquidity mining, and other DeFi protocols.
Governance Token in Tenet Ecosystem
TENET token holders have governance rights within the Tenet ecosystem. By locking tTENET tokens for a certain period, users can generate vote-escrowed TENET (veTENET). veTENET represents voting power and allows token holders to participate in the governance of the Tenet blockchain. This involvement in decision-making processes helps shape the development and future direction of the Tenet ecosystem.
Collateral for Stablecoin Protocol
The Tenet Stablecoin Protocol is a decentralized stablecoin protocol within the Tenet ecosystem. The collateral used for minting stablecoins in this protocol is Liquid Staking Derivatives of assets staked on Tenet Validators.
Trade or HODL TENET
Trade Tenet token against other crypto assets on the KuCoin Spot Market or other supported platforms. If you believe in the DeFi blockchain’s future potential, buy or sell TENET or hold the token long-term. Remember to DYOR before entering any new trade in the crypto market.
How to Stake TENET on Tenet DeFi Blockchain
Here’s how to stake $TENET and earn rewards using your MetaMask wallet:
1. Buy TENET on KuCoin or other supported platforms and transfer your tokens to your MetaMask wallet.
2. Visit the TENET Staking portal and connect your MetaMask wallet to the app.
3. Enter the number of TENET tokens you want to stake and click Stake.
4. Approve the transaction using your wallet.
5. Sit back, earn rewards, and grow your holdings by staking TENET via Tenet Eva Staking.
Who Are Tenet’s Partners?
TENET has partnered with Conflux and Qtum, two prominent blockchains with a strong presence in China. These partnerships aim to deepen the roots of the liquid staking industry in the Chinese market and integrate TENET into the Asian blockchain community. By collaborating with established regional players, TENET seeks to tap into new markets and expand its network reach.
Tenet has also announced partnerships with Layer Zero and Ankr till June 2023. Watch this space for more information as we update additional partnerships in the future.
Tenet (TENET) Price Analysis
Live Price
The live price of TENET is 0.00403 USD, representing a decrease of -3.12% in the past 7 days and 2.8% increase in the past 24 hours.Historical Trends
The all-time high of TENET was 0.27671 USD on 05-29, 2023, from which the coin is now down -98.54%.The all-time low of TENET was 0.00354 USD, from which the coin is now up 12.15%.