what is Tonic crypto and what is it used for

Tectonic (TONIC) is a decentralized, non-custodial algorithmic-based money market protocol that allows users to participate as liquidity suppliers or borrowers. Here's how TONIC is used: 1. **Liquidity Supplying**: Users can provide liquidity to the market by depositing their crypto assets, earning a passive income in the process. This is done through TONIC's staking mechanism, where holders can deposit their tokens and earn yield rewards. The protocol rewards stakeholders with token rewards, which include a share of the protocol revenue generated from fees paid by borrowers. 2. **Liquidity Borrowing**: Borrowers can access liquidity by supplying their crypto assets as collateral. This allows them to borrow tokens or other cryptocurrencies instantly, which can be useful for those needing quick access to funds. 3. **Decentralized Finance (DeFi) Applications**: TONIC is part of a larger DeFi ecosystem, enabling users to earn passive yield on their assets and access instant-backed loans. This model is designed to provide seamless money market functionalities, addressing various use cases for investors and borrowers. In summary, TONIC is a crypto protocol that facilitates decentralized lending and borrowing, allowing participants to earn income on their assets and access liquidity through collateralized loans.