Tangible (TNGBL)

Tangible (TNGBL) is a rebasing stablecoin backed by a basket of tokenized yield-producing real estate. Designed to be better money, Tangible offers an inflation-resistant and stable value alternative to traditional fiat currencies. With its strong backing by tokenized real estate, Tangible provides holders with a reliable source of real yield.

One of the unique features of Tangible is its daily yield distribution. Rent collected from the rental properties in the portfolio is distributed to TNGBL holders daily as a native rebase. As the value of the real estate in the treasury increases over time, the yield also grows, providing holders with a consistent source of income.

Additionally, Tangible is auto-re-collateralizing, ensuring that it is always fully backed. If the collateralization ratio falls below 100%, 50% of the rental yield is automatically redirected to the treasury, recollateralizing the asset. This feature maintains the stability and integrity of Tangible, making it a reliable and secure investment option for holders.