DescriptionAngle 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.

Category:crypto-backed

Minting and RedemptionUsing the Angle app, users mint agEUR by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back agEUR is burned.