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Tangent

Hedera's 3rd Generation Trading Hub
Potential Risk
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What is Tangent?
Tangent is one of the first decentralized exchanges to launch on the Hedera Hashgraph network — besides this, we are also unique in that we leverage our own distributed L2 scaling network to provide users with the fastest trading experience possible on Hedera. Tangent’s L2 infrastructure allows users to run their own L2 nodes, thereby contributing to the decentralization of the network, and being rewarded for their service. Each L2 node holds an up-to-date copy of the Hedera Hashgraph, and takes the computational load off the L1 — giving Tangent the ability to process transactions not only quickly, but at scale.
Information
Type
Automated Market Maker
Blockchain
Hedera
Platform
Windows, macOS
Publisher
Tangent Team
Version
v1
FAQ
Our native token $TNGNT, is the fuel that runs, and the oil that lubricates the Tangent engine — Its utility is vast, and we detail some of these uses below:

Staking $TNGNT natively on our platform allows users to receive $TNGNT rewards from our buyback program — it also allows users to gain various discounts on their trading fees based on the amount the user has staked.
Boosting allows users to earn rewards for providing liquidity, users may also vote-lock their $TNGNT to participate in the governance of the platform through the Tangent DAO — at the same time boosting their LP rewards for specific pools.
Gauges define the weight given to a liquidity pool for the purposes of reward emissions — every pool on the Tangent platform has a gauge, and each gauge is voted on by users through locking their $TNGNT to vote. This voting process allows users to determine which pools yield the highest rewards.
Nodes can be run by users with a large enough $TNGNT stake, and as you might expect — will reward node operators with $TNGNT for distributing and operating the Tangent L2 network.
Governance defines what Tangent is today, and what it will become tomorrow. Through vote-locking their $TNGNT tokens, users may use their voting power to determine any number of variables regarding the operation of the protocol, through DAO proposals.
What we have discussed in this article is simply the start of our journey, we will adapt and evolve in the coming months and years to become the premier trading experience on Hedera.

We are thrilled to have you with us on this adventure.
First and foremost, Tangent is one of the first decentralized exchanges to launch on the Hedera Hashgraph network — besides this, we are also unique in that we leverage our own distributed L2 scaling network to provide users with the fastest trading experience possible on Hedera.

Tangent’s L2 infrastructure allows users to run their own L2 nodes, thereby contributing to the decentralization of the network, and being rewarded for their service. Each L2 node holds an up-to-date copy of the Hedera Hashgraph, and takes the computational load off the L1 — giving Tangent the ability to process transactions not only quickly, but at scale.
Tango walked along the crumbling paths and back alleys of the Terra blockchain; slowly coming to terms with his new black market cybernetic enhancements. His dream had come true, and the long journey to the wasteland of Terra has rewarded him with a new form: CyberTango!

He was thrilled with the results the rogue LUNAtic engineer had achieved — especially with the coffee maker installed in his right buttock. However, seeing the devastation wrought on the LUNAtic’s homeland of Terra, took some of the polish off Tango’s shiny new cybernetic parts, and his mood.

During this moment of calm thought, Tango suddenly howled at the sky — releasing a lamenting cry for the citizens of the Terra ecosystem: he had made up his mind. Tango, in his new CyberTango form, would scour the ruins of the broken Terran landscape, and bring as many survivors back home as possible to the warmth and safety of Hedera.
We’ll now add some clarification on the transaction creation, sending and confirmation process that happens when interacting on Tangent Finance. First users must connect their Hashpack wallet (via hashconnect); all that happens during this interaction is that the wallet’s public address is shared with the dApp (website) and thus the dApp is able to request actions from the wallet.

Following a user’s wallet connection to Tangent Finance (or any dApp for that matter), the user clicks the swap button to initiate a swap between two assets (and the user must associate the tokens prior to the swap). A transaction is created that the user must sign, and the transaction states that the user’s wallet will send asset A in exchange for asset B, this is the outgoing transaction that the user then confirms by signing.
The process of signing transactions involves a mathematical function that depends both on the message (the transaction details), and your private key. sign(message, private key) = signature. The result is a signature that can be verified using your public key and the message (the transaction details)
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