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.