
Name: | Ternio |
Type: | Ternio |
Symbol: | TERN |
Platform: | Stellar |
Circulating Supply: | 334,161,876 TERN |
Max Supply: | 922,811,615 TERN |
What is Ternio?
TERN is Ternio’s own digital currency and is the payment token used on all Ternio products. Every BlockCard uses TERN as the default spendable asset. All non-TERN deposits such as Bitcoin are converted to TERN when deposited in the BlockCard dashboard. The value of TERN is tied to usage of the BlockCard ecosystem. As users deposit on BlockCard, the value of TERN increases. As people spend, the value decreases. We have worked hard to build utility of TERN into the functionality of BlockCard.
TERN can also be used outside of the BlockCard ecosystem to facilitate cross-asset transfer of value at a fraction of a penny. TERN is as good as cash when used with BlockCard as it can be used at over 50 million merchants worldwide, or at most ATMs to be converted directly into cash.
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