EURA Angle Protocol
Angle Protocol Info
Angle is a decentralized, capital-efficient and over-collateralized stablecoins protocol. It allows users to mint and burn stablecoins (agTokens) at a 1:1 rate against crypto-assets accepted as collateral. On the other side, the protocol leverages perpetuals traders to hedge the value of its reserves, so that issued stablecoins are always fully backed. Liquidity Providers can also come in and deposit additional collateral as reserves, allowing the protocol to be over-collateralized.
Angle Protocol aims at creating a sustainable money layer for blockchains. It is currently issuing agEUR, the most liquid Euro stablecoin on Ethereum and other chains.
All images, branding and wording is copyright of Angle Protocol. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.