According to the project, users can for the first time enjoy DeFi without having to care about losing money because of Forex risk with agEUR.
To get agEUR on Avalanche or BNB Chain, users simply head to Angle bridge page and use LayerZero Lab-powered infrastructure to bridge agEUR from one of the chains already supported by Angle.
Angle protocol has created a one-of-a-kind configuration that allows agEUR to flow seamlessly from one blockchain to another while maintaining high-security standards and a one-of-a-kind standard for it with no slippage, no fees, and complete transparency over the various stages of the bridging process.
Angle protocol is a decentralized, capital-efficient, and over-collateralized stablecoin protocol composed of smart contracts running on open blockchains. The protocol was launched in November 2021, and users can start using it at app.angle.money.
It can be used to issue stablecoins, called agTokens, that are pegged to a specific value. This means that these tokens are designed to mirror the value of the asset they are pegged to. Angle has started with agEUR, a Euro (EUR – €) stablecoin.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
This website uses cookies.