1/8
How do markets work on @tangent_fi ?
Tangent is a DeFi protocol that lets you borrow USG (an over-collateralized stablecoin) against productive collateral that still earns yield.
There are 2 types of markets: HEC and LEC.
Let’s break it down simply
⬇️
Curve LPs and Pendle PTs can keep earning while backing USG debt.
@Tangent_fi separates reward economics from debt issuance: HEC can offer 0% interest above its USG price threshold through reward deductions. LEC charges dynamic interest from loan open.
Exploring Tangent · Part 1 ↓
Easy $BTC carry with @Tangent_fi 👇
$CRV incentives have been pushed, but no one has taken advantage of them so far! So let’s consider a $25k deposit and a borrow at max LTV (78%), followed by a deposit into $sUSG:
→ Collateral APR falls to 25.5%, borrow rate = 4.36%, $sUSG APY = 14%
→ Net APR = 0.255 + 0.78 × (0.14 - 0.0436) = 33%
Incentives will stream for 7 days before the LP’s native APR takes over. Then, the net APR of the strategy will be ~10%. Still decent!
Some $CRV incentives have been pushed into the cbBTC/WBTC market.
In the current conditions, the collateral APR will stay above the borrowing rate until about $150k worth of LP tokens are deposited.
Link to the market in the post below 👇
1/8
How do markets work on @tangent_fi ?
Tangent is a DeFi protocol that lets you borrow USG (an over-collateralized stablecoin) against productive collateral that still earns yield.
There are 2 types of markets: HEC and LEC.
Let’s break it down simply
⬇️
8/8
With @Tangent_fi you can:
• Keep earning yield on your collateral
• Borrow USG
• Leverage or use USG elsewhere
All while staying highly capital-efficient.
Docs: https://t.co/QbpfAFDJpM
Website: https://t.co/wnzfNlO9e4
dApp: https://t.co/CVvBxwMs6r
7/8
Why this design is smart:
The system self-regulates.
The more USG depegs downward → the more expensive it becomes to borrow → more people repay → this helps push USG back toward $1.
Protocol revenue also supports liquidity and sUSG yield.
Introducing the Content Creator Program!
Today, we’re partnering with @echo_market to reward those who help spread awareness about Tangent!
For the first round, 500 $USG will be shared among participants! Details below 👇
Introducing the Content Creator Program!
Today, we’re partnering with @echo_market to reward those who help spread awareness about Tangent!
For the first round, 500 $USG will be shared among participants! Details below 👇