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Information
Angle is a protocol for stablecoins that is decentralized, capital-efficient, and over-collateralized. Users can mint and burn stablecoins (agTokens) at a 1:1 rate using accepted crypto-assets as collateral. The protocol also utilizes perpetuals traders to hedge the value of its reserves, ensuring that the stablecoins issued are fully backed. Additionally, Liquidity Providers have the option to deposit extra collateral as reserves, making the protocol over-collateralized.
Information
What is the description of the coin?
agEUR can be utilized by companies and DAOs to compensate their contributors, utilizing it as treasury assets. It can be created directly from Angle or purchased from a DEX, a DEX aggregator, or one of Angle's on-ramp partners.
It can serve as a payment currency and a yield instrument. Individuals and companies can hold it to diversify their crypto stablecoins away from the US Dollar and earn additional yield on top of it.
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