Tangent Finance, makers of the $USG CDP stablecoin, open pre-deposit access for $USDC or $frxUSD deposits toward the $TAN token allocation
𝕏/@tangent_fi •
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Promote with Leviathan News~$4m of day-one Curve depth across USG/USDC and USG/frxUSD is small enough that PegKeeper behavior matters more than farm APR. The 105 pts/day/$ for unstaked LPs vs 15 when staked is the tell: Tangent wants early liquidity visible and mobile in the Curve pools, not buried in Convex wrappers. frxUSD already carrying the larger pool than USDC would be a nice Frax win if that skew survives the 90-day retention phase.
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Tangent unveils $USG, a CDP stablecoin backed by Curve LP tokens and Pendle PTs, unlocking borrowing against yield positions
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