Angle Protocol
Off-Chain (Private)
Audited on 2021/10/08
No active critical issues
Summary
“Angle is the first over-collateralized, decentralized and capital-efficient stablecoin protocol. Thanks to the liquidity providers it uses, the protocol proposes full convertibility between stable assets and collateral, meaning that it is possible to swap collateral against stable assets, and stable assets against collateral at oracle value. This makes the protocol not only capital efficient but also highly liquid. Angle Protocol could be used to issue any stablecoin, and will start at launch on mainnet with a stable Euro. Besides creating the first liquid Euro stablecoin, the goal of Angle is to create stablecoins for almost all Forex currencies, including the US Dollar.
Project
Multi-Chain
