Angle (ANGLE) is a decentralized stablecoin protocol governed by the Angle DAO. More
| Fully Diluted Valuation | $13.21M |
|---|---|
| 24H Trading Volume | $19,149 |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 201.48 M |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Andreessen Horowitz (a16z) Portfolio 3 more |
|---|---|
| Founder | Anonymous |
| Website | angle.money |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 2 more |
| Contracts |
0x314....214c2
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| Name | Pair | OG Score |
|---|
Angle (ANGLE) is a decentralized finance (DeFi) protocol focused on stablecoins, offering a transparent and community-driven approach to financial transactions. Let's explore how Angle works and what sets it apart.
1. The Angle Protocol:
Angle operates on open blockchains using smart contracts. These contracts manage stablecoin issuance, borrowing, and yield generation efficiently while ensuring security and reliability.
2. Stablecoins for Stability:
Angle offers two primary stablecoins: EURA (Euro-backed) and USDA (Dollar-backed). These stablecoins provide users with a reliable means of exchange, leveraging Angle's infrastructure for seamless operation.
3. Transmuter:
The Transmuter, deployed on Ethereum, is Angle's core stability mechanism. It enables users to exchange stable assets for Angle stablecoins autonomously, ensuring proper asset diversification and resilience.
4. Borrowing Module:
Angle's Borrowing module allows users to deposit collateral and borrow stablecoins, providing leverage on assets or access to stable liquidity while managing exposure to volatile assets.
5. Angle Savings System:
Angle's Savings system rewards stablecoin holders with native yields generated by the protocol's modules, offering passive income opportunities without additional risks.
6. The Angle DAO and ANGLE Token:
The Angle DAO, governed by the ANGLE token holders, oversees protocol decisions. From parameter adjustments to introducing new features, the DAO ensures community involvement in protocol evolution.
7. Security Measures:
Angle prioritizes security through decentralized governance, collateralization, and operational policies, safeguarding the protocol and user assets from potential risks.
Conclusion:
Angle (ANGLE) presents a user-friendly and community-driven approach to stablecoin management in the DeFi space. With its emphasis on stability, governance, and security, Angle offers a promising avenue for individuals seeking reliable financial solutions in the crypto world.
Angle stands out with its decentralized stablecoin system, providing efficient stablecoins tied to fiat currencies like EURA (Euro) and USDA (Dollar), while giving users a say in governance through the ANGLE token.
The founders of Angle prefer to remain anonymous, aligning with the project's decentralized ethos where community governance takes precedence.
You can buy ANGLE (ANGLE) on CoinEx, OrangeX, Uniswap V3 (Ethereum), Sushiswap cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of ANGLE (ANGLE) is ($201,477,201), max supply of ANGLE ANGLE is ($1,000,000,000) and the market cap of ANGLE ANGLE is ($2,661,425).
What is the ANGLE (ANGLE) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of ANGLE (ANGLE) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether ANGLE (ANGLE) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (ANGLE ANGLE) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does ANGLE (ANGLE) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether ANGLE (ANGLE) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
