Angle PriceANGLEInactive

What is Angle (ANGLE)?

Angle (ANGLE) is the governance and utility token of Angle Protocol, a decentralised stablecoin platform built on Ethereum. Angle Protocol issues stablecoins that are pegged to major fiat currencies and backed by over-collateralisation. Its primary products are EURA, a euro-pegged stablecoin described as the most traded Euro stablecoin, and USDA, a dollar-pegged stablecoin. The protocol emphasises capital efficiency, decentralised governance, and full convertibility between stable assets and collateral at oracle value. ANGLE is an ERC-20 token with a total supply of 1 billion. The project has announced the end of its operations, with the protocol remaining fully collateralised and all USDA and EURA redeemable 1:1 until March 1, 2027. The team's ongoing work has transitioned to Merkl.

Key Specifications & Tokenomics

• Name: Angle
• Ticker / Symbol: ANGLE
• Blockchain: Ethereum (ETH)
• Token Standard: ERC-20
• Smart Contract Address: 0x31429d1856aD1377A8A0079410B297e1a9e214c2
• Decimal Places: 18
• Explorer: etherscan.io
• Total Supply: 1,000,000,000 ANGLE
• Max Supply: 1,000,000,000 ANGLE
• Launch Date: October 2021
• Industries / Tags: Stablecoin, Real World Assets Protocols, Olympus Pro Ecosystem, Optimism Ecosystem
• Official Website: https://www.angle.money/
• GitHub Organization: AngleProtocol

Who created Angle (ANGLE)?

Angle Protocol is primarily developed by Angle Labs, the main contributor to the project. Angle Labs is listed on LinkedIn as a software development company with 2 to 10 employees. Publicly listed team members associated with Angle Labs include Rajesh Sanghvi, Bartosz Jakubowski, Baptiste Guerin, and Guillaume Nervo. Guillaume Nervo is also a co-founder of Merkl, a platform that originated within Angle Labs. Detailed public information about the founding team beyond these listings is currently limited. The project operates as a decentralised autonomous organisation, with ANGLE holders participating in governance decisions.

How does Angle (ANGLE) work?

Angle Protocol is an over-collateralised stablecoin system that maintains full convertibility between stable assets and collateral at oracle value. Users can swap one unit of collateral for one unit of stablecoin, and vice versa. The protocol's on-chain architecture includes several core modules: a Transmuter basket-and-dynamic-fee minting system, a borrowing module that allows users to deposit collateral against stablecoin debt, a native savings system, and cross-chain liquidity infrastructure. The protocol is open source under the AngleProtocol GitHub organisation and provides a TypeScript SDK for developers building applications on top of it. Governance is facilitated through the ANGLE token, with the Angle DAO responsible for parameter tuning, protocol upgrades, deploying new stablecoins and collateral types, and managing yield strategies on collateral.

What makes Angle (ANGLE) unique and valuable?

Angle distinguishes itself as the first decentralised, capital-efficient, and over-collateralised stablecoin protocol. Its flagship products, EURA and USDA, offer secure and decentralised stablecoins that generate yield for users. The protocol provides full convertibility between stable assets and collateral at oracle value, ensuring that every USDA and EURA is redeemable 1:1. The Angle DAO governs the protocol in a decentralised manner, allowing the community to shape its evolution. Additionally, the protocol has spawned Merkl, a programmable incentive distribution platform that now serves over 250 companies across more than 60 chains, including PayPal, Robinhood, and Coinbase, with product surfaces used by over 200,000 monthly users. Merkl positions itself as a solution for redistributing stablecoin yield as activity-based rewards in an increasingly regulated on-chain landscape.

What is Angle (ANGLE) used for?

ANGLE is the governance and utility token for the Angle Protocol. Holding ANGLE grants the right to participate in governance votes within the Angle DAO. These votes cover critical decisions such as parameters tuning, protocol upgrades, deploying new stablecoins and collateral types, and handling yield strategies on the collateral in the protocol. The token is central to the decentralised decision-making process that guides the protocol's evolution. Beyond governance, ANGLE serves as a utility token within the ecosystem, aligning incentives among users, stakeholders, and the protocol itself. The token is listed on major exchanges and supports popular conversion pairs including ANGLE to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW.

How Is the Angle ecosystem developing?

Angle Protocol has announced the end of its operations, marking its final chapter. The protocol remains fully collateralised, and every USDA and EURA is redeemable 1:1 until March 1, 2027, via the official app at https://app.angle.money. The team's ongoing work has moved to Merkl, which started inside Angle Labs as a tool to distribute incentives to agEUR holders. Merkl has since grown into a platform that runs distributions for over 250 companies across more than 60 chains, built from 60,000 incentive campaigns across 250 teams. Merkl is hiring a Software Engineer in Paris and operates with a team of 20, serving over 200,000 monthly users. The broader regulatory context, such as the CLARITY Act's potential impact on stablecoin yield distribution, has been part of the team's public commentary, positioning Merkl as a compliant path forward for activity-based rewards.

How to mine Angle (ANGLE)?

ANGLE is not mined through proof-of-work. It is an ERC-20 token issued on Ethereum. There is no traditional mining process for ANGLE. Users can acquire ANGLE through supported exchanges or by participating in the protocol's ecosystem activities. The protocol offers yield-bearing staked versions of its stablecoins, EURA and USDA, which allow users to generate yield. The native savings system within Angle Protocol provides additional mechanisms for users to earn returns on their stablecoin holdings. For specific staking or earning opportunities, users should refer to the official Angle Protocol application and documentation.

How to keep your Angle (ANGLE) Coin safe?

Storing ANGLE securely requires standard cryptocurrency safety practices. Since ANGLE is an ERC-20 token on Ethereum, it can be held in compatible wallets that support ERC-20 assets. Hardware wallets provide an extra layer of security by keeping private keys offline. Users should always verify the official contract address when interacting with the token and avoid sharing private keys or seed phrases. For those participating in governance or using the Angle Protocol app, it is important to access only official URLs and exercise caution against phishing attempts. As with any cryptocurrency investment or DAO participation, conducting thorough research and understanding the risks involved is essential. The dynamic nature of the crypto market requires staying informed and exercising caution when making investment decisions.