About Angle

Angle is a decentralized stablecoin protocol built on smart contracts. It enables the creation of stablecoins pegged to various assets, such as EURA (Euro) and USDA (Dollar). The protocol features modules like borrowing and a price stability mechanism called Transmuter for exchanging stable assets. It also employs Algorithmic Market Operations (AMOs) to enhance liquidity. Angle generates yield from these modules and shares it with stablecoin holders through savings products. The protocol is comprised of independent stablecoins with segregated reserves. Transmuter, deployed on Ethereum, acts as a basket of stablecoins for minting Angle stablecoins. The borrowing module allows users to borrow Angle stablecoins by providing collateral. The savings system enables stablecoin holders to earn a y...