@Tangent_fi is now currently shows around $6.31M TVL, 3.77M $USG supply and 16.55% APY on $sUSG.
USG is trading near $0.997, while sUSG has grown to around $1.025, reflecting the yield accumulated by the vault over time. The Tangent points campaign is also live.
The supply is currently split between:
76.05% USG
23.95% sUSG
Around 80.69% of TVL is deployed across
@Tangent_fi’s lending markets, while 19.31% is held in sUSG.
@Tangent_fi currently supports 14 collateral markets, including:
msETH/WETH, frxUSD/sDOLA, PYUSD/USDC, USDC/fxUSD, RLUSD/USDC, BOLD/USDC and frxUSD/sUSDS.
I likes that $USG is backed by diversified and productive LP collateral instead of a single asset.
Currently you can earn points which will get airdrop in future.
Read this if you want to know more about the points