TANGO token price trades at $2.23; keyTango launches yield farming, staking

KeyTango is a Web3 application that aims to guide newbies in exploring and learning the most complex platforms in DeFi and access its services and products.

Block Dream Fund, an investment institution that operates under OKEx, has joined forces with keyTango for strategic investment in top-quality projects to develop the blockchain industry globally.

KeyTango Yield Farming program

KeyTango has also announced the launch of its yield farming and staking programs.

Yield farming is one of the most popular and innovative activities in DeFi. It is the practice of generating more crypto with existing crypto.

Yield farming involves the crypto holder lending his/her funds to others through the power of computer programs called smart contracts.

One of the main goals of keyTango is to develop a very easy-to-use platform that is open to anyone, irrespective of their technical knowledge.

Its yield farming is the first initiative that underscores the simplicity with which keyTango plans to carry out all its operations going forward.

Yield farming is currently the largest growth driver of the still-budding DeFi landscape, helping it to expand from a market valuation of $500 million to $10 billion last year.

KeyTango Staking program

KeyTango has developed a very simple and straightforward process that will help interested $TANGO investors stake their tokens and easily claim rewards.

Staking involves holding funds in a digital currency wallet to support the security and operations of a blockchain network for a certain period of time.

These locked assets are used to attain consensus, which is required to secure the blockchain network and ensure the validity of every new transaction to be written to the blockchain. In other words, staking is the act of locking cryptocurrencies to receive rewards.

As of July 2020, the capitalization of the staking market is estimated at $36 billion (for comparison, the overall crypto market cap is roughly $270 billion).

KeyTango’s 4 great programs

KeyTango offers four programs, each with limited capacity and on a First Come First Served basis: the TANGO Earlybird Staking, TANGO Pro Staking, TANGO Expert Liquidity Mining ETC, and TANGO Expert Liquidity Mining USDT. For more details, check out this link.

Meanwhile, the live TANGO price traded at $2.23 USD with a 24-hour trading volume of $4,197,224 USD on Saturday.

TANGO was down 43.64% in the last 24 hours. The token’s current CoinMarketCap ranking is #2390. TANGO has a max supply of 50,000,000 TANGO coins and can be traded on Uniswap — a trading platform with the largest trading volumes of any DEX.

 

Image courtesy of Double Airdrop/YouTube

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