Tangent USG
Tangent Finance is a live Ethereum decentralized finance protocol that issues Tangent USG USG, an overcollateralized CDP stablecoin fully backed by collateral capable of generating yield, such as enhanced Curve X LP tokens (with Pendle liquidity pool tokens and principal tokens to be supported soon as well). Users can build leveraged positions against yield-bearing assets, borrow Tangent USG USG, and retain most of the yield generated by the underlying assets. The protocol also features a savings product that distributes income generated by the protocol itself. The entire system is designed for capital efficiency and self-sustainability without relying on external token issuance.
Overview
Tangent Finance is a live Ethereum decentralized finance protocol that issues Tangent USG USG, an overcollateralized CDP stablecoin fully backed by collateral capable of generating yield, such as enhanced Curve X LP tokens (with Pendle liquidity pool tokens and principal tokens to be supported soon as well). Users can build leveraged positions against yield-bearing assets, borrow Tangent USG USG, and retain most of the yield generated by the underlying assets. The protocol also features a savings product that distributes income generated by the protocol itself. The entire system is designed for capital efficiency and self-sustainability without relying on external token issuance.
- Sector
- # Stablecoins
- Ecosystem
- Ethereum
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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