Tornado Finance is a decentralized finance (DeFi) protocol, forked from CORE, backed by a deflationary token with a governance feature. According to the documentation, the platform aims to maximize profits for pool and vault users. In addition, the protocol seeks to be continuously developed and improved for the benefit of investors.
Following are the main features of the Tornado Finance ecosystem:
Tornado (TCORE) is a non-inflationary cryptocurrency based on cVault (CORE) source code that aims to execute profit-generating strategies autonomously with a completely decentralized approach. TCORE is the token users use to yield-farm and stake. All TCORE tokens are generated during the Liquidity Generation Event and subsequently put into liquidity. Together with a fee on token transfers, which is distributed to stakers, TCORE seeks to create the possibility for a non-inflationary farming process. In addition, by holding TCORE tokens, users have governance capabilities, which are used to add new or delete existing vaults, alter fees and penalties, fund community initiatives, employ different developments and marketing, and deploy different automated yield strategies. By staking into either the vault or pool, users permanently lock the tokens into TCORE liquidity. Once locked, users seek to start benefiting from the respective pool.