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Tectonic1 decision on this page

Audit log

Every state-changing event for Tectonic: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

  1. #1publishby system:backfill
    2026-05-30 11:48:02Z
    Score: ?? (no score change)
    anchoranchored
    chain
    mainnet-betaslot 423,150,308
    sig
    5axzuevB4epe…sdBjcNtnexplorer ↗
    hash
    GPyzLHqVwqc1…p89UFqT3sha256 → base58
    verifying row…full verify ↗
    canonical bytes (7070 B) ▸
    {"actor":"system:backfill","investigation_id":"35a7dd64-02de-402b-8b38-d0d44a9500b7","kind":"publish","page_slug":"tectonic","published_at":"2026-05-30T11:48:02.249Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Tectonic","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/tectonicfi/introducing-tectonic-da19344b6144","type":"other","url":""},{"credibility":3,"name":"https://tectonic.finance/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/tectonicfi/tectonic-mainnet-launch-d087fe485d8","type":"other","url":""},{"credibility":3,"name":"https://medium.com/tectonicfi/tectonic-isolated-pools-92e6fd9183c8","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blog.cronos.org/p/cronos-ecosystem-spotlight-tectonic","type":"other","url":""},{"credibility":3,"name":"https://tectonic.gitbook.io/docs/extras/cronos-labs-incubation","type":"other","url":""},{"credibility":3,"name":"https://medium.com/tectonicfi/introducing-tectonic-da19344b6144","type":"other","url":""},{"credibility":3,"name":"https://www.thestandard.io/blog/tectonic-finance-the-comprehensive-financial-due-diligence","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://gist.github.com/fatherGoose1/690fa2d8245488b6750b67a0fdeb34bc","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/tectonic","type":"other","url":""},{"credibility":3,"name":"https://tectonic.gitbook.io/docs/introduction/faqs","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/tectonicfi/tonic-tokenomics-and-airdrop-660b519e81c6","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/tectonic/","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/tectonic","type":"other","url":""},{"credibility":3,"name":"https://tokeninsight.com/en/coins/tectonic/tokenomics","type":"other","url":""},{"credibility":3,"name":"https://www.gobankingrates.com/investing/crypto/what-is-tectonic-crypto/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://pexx.com/chaindebrief/top-3-tvl-protocol-on-cronos/","type":"other","url":""},{"credibility":3,"name":"https://bitkan.com/learn/tectonic-crypto-price-prediction-is-tectonic-a-good-cryptocurrency-4857","type":"other","url":""},{"credibility":3,"name":"https://news.buildoncronos.com/p/cronos-evm-tvl-crosses-900m-usd-a","type":"other","url":""},{"credibility":3,"name":"https://invezz.com/news/2023/11/15/cronos-cro-price-forms-a-double-top-as-vvs-finance-tectonic-tvl-rises/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://tectonic.gitbook.io/docs/introduction/faqs","type":"other","url":""},{"credibility":3,"name":"https://medium.com/tectonicfi/tonic-tokenomics-and-airdrop-660b519e81c6","type":"other","url":""},{"credibility":3,"name":"https://medium.com/tectonicfi/tectonic-isolated-pools-92e6fd9183c8","type":"other","url":""},{"credibility":3,"name":"https://gist.github.com/fatherGoose1/690fa2d8245488b6750b67a0fdeb34bc","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://twitter.com/tectonicfi?lang=en","type":"other","url":""},{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""}]}],"sources_used":[],"summary":"Tectonic is a decentralized money market protocol on the Cronos blockchain, operating as a fork of Compound, that allows users to lend and borrow cryptocurrency assets. Launched in December 2021 by Gary Or (former CTO of Crypto.com) and incubated by Particle B and Cronos Labs, the protocol reached approximately $1 billion TVL at peak in early 2022 before collapsing over 95% alongside the broader crypto bear market. A disclosed reentrancy vulnerability in the staking contract was reported in March 2024 allowing potential extraction of millions in a single transaction, and a separate flash loan exploit in February 2024 resulted in approximately $250,000 in losses.","timeline":[{"date":"2021-11-04","event":"Tectonic announced via Medium as a cross-chain money market on Cronos, with a planned beta launch end of November 2021 and official launch in mid-December 2021.","source":""},{"date":"2021-12-01","event":"Tectonic mainnet launched on the Cronos blockchain with the TONIC governance token.","source":""},{"date":"2021-12-23","event":"TONIC reached its all-time high price of approximately $0.000001913 shortly after mainnet launch, driven by high emission incentives and Cronos ecosystem hype.","source":""},{"date":"2022-01-18","event":"Snapshot taken for the TONIC airdrop to eligible VVS token holders; airdrop redemption opened February 14, 2022.","source":""},{"date":"2022-02-08","event":"Cronos ecosystem TVL surpassed $2 billion; Tectonic was the dominant protocol by TVL share. TONIC price reached approximately $0.0000019.","source":""},{"date":"2022-03-01","event":"Tectonic TVL reached approximately $1 billion, confirming it as the leading money market on Cronos.","source":""},{"date":"2022-03-14","event":"Protocol announced reduction of collateral factor by 3% per day toward a 20% floor, a risk management measure amid market volatility; TONIC trading near $0.0000007.","source":""},{"date":"2022-07-23","event":"TONIC reached a then-low of approximately $0.00000011 as the crypto bear market deepened and TVL declined by more than 50%.","source":""},{"date":"2022-12-05","event":"Tectonic launched Ambassador Program to rebuild community engagement.","source":""},{"date":"2023-01-31","event":"Team published 'Protocol Updates for Year 2,' announcing adjustments to the TONIC emission schedule for the second year.","source":""},{"date":"2023-03-17","event":"Tectonic announced Isolated Pools feature to separate high-risk assets into contained lending pools.","source":""},{"date":"2023-03-29","event":"First Isolated Pool launched with LCRO as the listed collateral asset.","source":""},{"date":"2024-02-22","event":"Tectonic suffered approximately $250,000 in losses from a flash loan new market exploit on Cronos, classified as a protocol logic vulnerability. This is catalogued in DefiLlama's hacks database.","source":""},{"date":"2024-03-22","event":"A public bug report disclosed a reentrancy vulnerability in TectonicStakingPoolV3.sol (0xE165132FdA537FA89Ca1B52A647240c2B84c8F89) allowing free minting of xTONIC tokens. An attacker with $23,000 in TONIC could extract over $2.5 million per transaction. The exploit was rated 'Easy' difficulty.","source":""},{"date":"2024-07-08","event":"Team published a Roadmap Update on Medium, the most recent identified blog post, indicating the protocol remains active but with sparse public communications.","source":""}]},"v":1}
    Verify offline (run on your own machine)
    python -m src.verify_decision f799e855-2eb9-4f43-80ea-a6011d8e1e42
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine — python -m src.verify_decision <event_id>.