Description
Angle Protocol, developed by Angle Labs Inc., is a decentralized, over-collateralized stablecoin protocol that issues USDA (a U.S. Dollar stablecoin) and EURA (a Euro stablecoin). The protocol is designed with robust price stability mechanisms and transparent, publicly verifiable reserves. It enables users to earn yield by holding stUSD or stEUR, with the protocol automatically rebalancing its backing across DeFi lending and tokenized securities for competitive returns. Angle also facilitates onchain forex, allowing swaps between its stablecoins at competitive rates, and allows users to borrow stablecoins against various collaterals. The protocol operates as a DAO, governed by its community of ANGLE token holders. Angle Labs, Inc. is the entity behind the protocol and handles user information from its website and related services, using various technologies to enhance user experience and ensure security.