keyTango

keyTango

TANGO
$0.00450493

Key Metrics

Price$0.00450493
Real Volume (24H)$0
Marketcap$44,671.73
Fully Diluted Valuation$251,683
ATH$4.59
ATH Date3/12/2021, 8:55:04 AM
ATL$0.00284906
ATL Date11/13/2022, 8:58:00 PM
Circulating Supply14M
Total Supply50M
WebsiteN/A
WhitepaperN/A
Popularity Rank3851
Chart
What is keyTango?

KeyTango (TANGO) is a decentralized finance (DeFi) platform that launched its beta on February 18, 2021, with the primary aim of simplifying access to the DeFi space for everyone. DeFi is a network of financial applications that use blockchain and cryptocurrency technology to eliminate intermediaries from transactions. However, many existing DeFi platforms require users to have extensive knowledge of their operations and structure, which can be a challenge for new users.

KeyTango sets itself apart by offering a user-friendly interface that provides easy access to popular DeFi products and services with just a few clicks. The platform is built on the Web3 protocol and uses a 3-step approach to attract resources to its platform, which includes identifying trending products, executing smart contracts, and providing a simple and consistent UI.

The founder and CEO of KeyTango is Dan Deany, who previously worked as a teaching assistant and startup mentor at Y Combinator and as the head of consulting services at Enigma MPC. Deany also founded Airmada Inc., which aims to reduce drone operation costs by leasing automated drone ground stations.

One of KeyTango's key features is its ability to enable new users to invest on par with skilled traders and crypto insiders. Users can stake liquidity on decentralized exchanges (DEXs) and earn trading fees. They can also engage in yield farming, where DeFi platforms such as Compound (COMP) and Aave (AAVE) reward their users with governance tokens that can be later sold on DEXs. Additionally, KeyTango offers DeFi trading, which allows users to hold long or short leveraged positions on various assets. In DeFi, automated market makers perform the role of brokers.

KeyTango's team consists of alumni from prestigious institutions such as MIT, Y Combinator, and Enigma MPC. They are backed by Outlier Ventures and other prominent crypto investors.

In summary, KeyTango aims to make DeFi accessible to everyone with its user-friendly interface and simplified investment approach. The platform provides easy access to popular DeFi products and services and allows users to earn trading fees and engage in yield farming and DeFi trading. The team behind KeyTango is experienced and well-supported, making it a promising player in the DeFi space.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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