keyTango- The easiest way to get started with DeFi

Luu Macin
5 min readJan 20, 2021

I see people are very excited about the crypto market and searching out at this market trend I feel everyone here is expecting the market boom within the near future At the moment all the foremost important attention is on BTC Since the confirmation of participation within the market by many corporations or companies participating during this field I see that it’s created a replacement wave very clearly and that we will benefit tons if we know this market to be ready to predict the subsequent trend of the market And what’s the matter today that I might wish to convey to everyone? Obviously, the upward trend within the price to travel up brings the interest of varied during this field but if people just follow the FOMO without basic knowledge of this market they adore Silver and inspect your luck with this game The demand for people to require an edge during this market I feel within the approaching time will increase tons and there’ll be many new projects being developed So what can we see here? It’s clear that the approach between new projects and investors within the approaching time is becoming to be a haul which may be discussed tons are you able to see the matter here? But who goes to unravel those problems? there’ll be plenty of questions for people when learning about this field from the attitude of people working during this field I feel this is often often also a chance for several projects with ideas during this direction.

About

keyTango, an Israel-based cryptographic money repayment arrangement supplier, is dispatching a nonconcurrent multi-party calculation (MPC) wallet for the capacity of advanced monetary standards.
Contrasted with multi-signature crypto wallets, MPC wallets are accepted to offer a superior degree of security, as the private key is part into various parts, which means the private segment of a key pair can be kept up as N parts, with the end goal that M of those parts would have to meet up to make a mark utilizing the private key. This class of innovation is known as M-of-N, where M parts out of N all out parts secure the basic information.
Notwithstanding better security over misfortune and robbery of assets, these kinds of wallets are yet to hit the standard as MPC executions require numerous rounds of intuitive interchanges, which means different gatherings should play out an activity simultaneously.

Making a crude innovation usable
And now let’s find out more about this project. Let’s see what’s interesting and exciting about it. To be more sure about content in this area I will introduce to you a few concepts in this market.
Market Making (MM): It helps identify liquidity ratios and depth in financial markets. A market maker is a company or individual that actively quotes a two-sided market in one secure, offering bids and offers along with the market size of each face.
Automated Market Makers (AMMs): On AMM-based decentralized exchanges, the traditional order book is replaced with pre-funded on-chain liquidity pools for both trading pair assets. Liquidity is provided by other users who also earn passive income from their deposits through transaction fees based on the percentage contribution of the liquidity pool.
Players in the market: In this space I have seen a few very prominent names in the past: Uniswap, Balancer, Curve.

Features

KeyTango is a platform that provides several features that are different from other Defi platforms, such as UI / UX which makes it easy for you as a normal user to easily navigate and explore various Defi products KeyTango ensures that users get the best experience using the Defi platform but in the easiest way possible.
KeyTango allows you as a user to have tailored content and suggestions based on user experience so that those of you who are new to the Defi sector can easily adjust content and suggestions according to your level, which will be very helpful in understanding the concept of decentralized finance.
For example, KeyTango on the medium page explains key concepts in Market Making, which is a term commonly used in the Defi sector, maybe for you, your financial person must be familiar with this term, but it’s different if we discuss the concept of Market Making in the Defi sector. , it’s more complex than that. What KeyTango means, helps users to understand what decentralized finance is and the terms in it.

Concludion

KeyTango is a platform for those of you crypto veterans who are new to the DeFi sector, who are still confused about how to work and how to use the DeFi platform to maximize your profits in the volatile crypto market. This is a platform that allows you to easily navigate and empower you with tailored content and suggestions according to your experience, so that you can more easily discover, learn, and invest in DeFi products.
As for keyTango I see the potential of the project, from the way they approach and get started. It can be said that the project is creating a lot of great attraction, I discovered that the project team is also worth our trust in those people. AMM technologies are providing primitives for accessing immediate liquidity for any digital asset. Not only do AMMs create price action in previously illiquid markets, but they doso in a highly secure, globally accessible, and non-custodial manner. While AMMs are not spearheading the fintech ride, the innovations around greater capital efficiency, multi-asset pools, and mitigating impermanent loss provide the necessary infrastructure to attract large-scale traditional liquidity providers that have been looking for a viable angle to tap into DeFi.

For updates on the progress of the project, follow KeyTango at:

Website: https://www.keytango.io/
Twitter: https://twitter.com/TangoKey
Telegram: https://t.me/keyTango
Medium: https://medium.com/keytango

Author
Forum username: 1207Lmcin
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=2646709
ETH wallet address: 0x432b54850ea369ee380c214c8493498d99e2aece

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Luu Macin

I like cryptocurrency. My love for it is the same as my love for my loved ones! ❤