Published inTangible·PinnedIntroducing CAVIAR: A Liquid Wrapper for vePEARLIn the coming weeks, Tangible will deploy CAVIAR, a liquid wrapper for vePEARL, bringing simplicity and greater operability to ve(3,3) economics. vePEARL is an NFT representing locked PEARL, the governance token of Pearl Exchange on Polygon. …Cryptocurrency4 min readCryptocurrency4 min read
Published inTangible·Nov 21Tangible: Protocol UpdateWe wanted to share an update with you all on how our team views its responsibilities to various groups of stakeholders, including the allocation of resources toward USDR remediation and our future vision. The Tangible team consists of nearly 20 people, including product designers, smart contract architects, front-end and back-end…2 min read2 min read
Published inTangible·Oct 11Real USD: Depeg Mitigation and GameplanAs we’ve all seen, USDR has suffered a serious depeg. Over a short period of time, all of the liquid $DAI from the treasury was redeemed. This led to an accelerated drawdown in the market cap. Combined with the lack of DAI for redemptions, and liquidation timeline on real estate…3 min read3 min read
Published inTangible·Sep 27Tangible Integrates Chainlink Proof of Reserve (PoR) To Help Secure Real Estate-Backed StablecoinWe’re excited to announce that Tangible, an ecosystem for tokenized real-world assets, has integrated Chainlink Proof of Reserve (PoR) on Polygon mainnet to help secure our native-yield stablecoin backed by tokenized real estate, Real USD (USDR). …Cryptocurrency3 min readCryptocurrency3 min read
Published inTangible·Sep 15Real Estate Strategy: 2H23 — Q124Real estate is the engine that powers Tangible and the design of Real USD. Tokenized real estate serves as a unique stablecoin backing, with demonstrable real world value and historic appreciation when priced in fiat. …Real Estate6 min readReal Estate6 min read
Published inTangible·Jul 25USDR v3: Migration DetailsReal USD is migrating to v3. If you missed the details on the new deployment, they can be reviewed here. This article is meant to be a simple guide to navigate our users through the process of upgrading their USDR and wUSDR to v3. Q: Is migration required? A: Yes. …Cryptocurrency3 min readCryptocurrency3 min read
Published inTangible·Jul 25Introducing: Real USD v3Today we announce the groundwork for all future versions of Real USD with our launch of USDR v3. While initially pursued as an urgent solution to the Multichain situation — a disaster which has forced so many protocols to make swift redeployments of their product — we’ve approached the problem…Cryptocurrency4 min readCryptocurrency4 min read
Published inTangible·Apr 25Introducing Tangible Baskets: Multiple Assets, One TokenThis summer, Tangible will launch a new product in our suite of tokenized real world assets. We’re calling the new product Baskets. Tangible Baskets are a simpler, safer way to own tokenized real world assets, giving owners access to a focused selection of high-yield items all through one, value-accruing token…Cryptocurrency4 min readCryptocurrency4 min read
Published inTangible·Apr 4Real USD Joins the Curve Gauge Controller: A Deep Dive Into the BenefitsThe USDR-3CRV pool on Curve — where Tangible hosts its protocol-owned liquidity (POL) — has just been added to Curve gauge via a vote on Convex. The integration is active with the first bribing epoch going live April 6th. This development marks a key milestone in the project’s journey to…Cryptocurrency4 min readCryptocurrency4 min read
Published inTangible·Oct 19, 2022Real USD: Bringing new meaning to USDRThe arrival of USDR v2 brings with it a variety of new features that will set the stablecoin up for long-term success. Check out this article for an overview of everything that’s new. Additionally, we took this redeployment as an opportunity to explore the branding of USDR, with the goal…Stable Coin4 min readStable Coin4 min read