ANGLE V2 HAS OFFICIALLY SHIPPED. Remember the USDC depeg and scare in March 2023.
09 Aug 2023, 10:58
🎉 ANGLE V2 HAS OFFICIALLY SHIPPED
Remember the USDC depeg and scare in March 2023? 📉
It became very clear that all stablecoins are facing hard problems.
Angle V2 smart contracts are born to solve the hard things:
✅resilience in case of extreme volatility
✅a fair exit for all in case of black swan event
✅more value-sharing with protocol participants 👀
Wondering what we mean by value-sharing?
The reserves of agEUR will now include more diversified assets, including bC3M, a tokenized short-term and risk-free Euro bonds ETF from @BackedFi .
This asset in the reserves will accrue interest and be the first piece to stream a risk-free yield to all agEUR holders staking their agEUR. Get ready for stagEUR 💰
📐It will never be stated enough that safety and resilience are the foundations to create the promise of composability and value sharing that Defi holds. And that’s why the Angle core contributors got to work 📐
Make sure to tune in on Friday August 11 at 6pm CET to hear more about the future of stablecoins 📻