What is Angle (ANGLE)?

Angle is the first over-collateralized, decentralized, and capital-efficient stablecoin protocol. It offers full convertibility between stable assets and collateral at oracle value: users can swap 1 of collateral against 1 of stablecoin and conversely. Angle Protocol could be used to issue any stablecoin and has started on mainnet with agEUR, a Euro stablecoin. Besides creating the first liquid Euro stablecoin, the goal of Angle is to create stablecoins for other types of assets. ANGLE is a native governance token for Angle DAO. The main purposes of the ANGLE token are to get as many people involved as possible in the governance of the protocol and to incentivize users, Standard Liquidity Providers, and Hedging Agents. Its ownership should be decentralized.