Angle Protocol Executes February Buyback Proposal
Angle Protocol Executes February Buyback Proposal
馃幆 Buyback Mission Accomplished
Angle Protocol has completed the execution of its buyback proposal that was voted on in February. This follows the December 2023 SIP-41 [Buyback-1] proposal which allocated $3.5M for buybacks over a 3-month period.
Key Points:
- Buyback execution confirmed
- Original proposal allocated $3.5M
- Implementation completed as per community vote
Track proposal details at Snapshot
The buyback proposal voted on in February has been executed 馃憞馃徏
Following a snapshot and an onchain governance vote, the @AngleProtocol buyback proposal was fully executed. What does this mean? - veANGLE holders received a $874.2k USDA airdrop based on their time-weighted balance between June 24 to January of this year - veANGLE tokens can
Napier Finance Launches stEUR Market Integration
Napier Finance has expanded its yield tokenization protocol to include stEUR markets. This integration allows users to access yield opportunities from Angle Protocol's staked Euro stablecoin. Key points: - stEUR market now live on Napier Finance platform - Accessible through [app.napier.finance/user/poin](app.napier.finance/user/poin) - Enables yield tokenization for Euro-denominated assets Users can now interact with stEUR markets directly through Napier's interface, opening new possibilities for Euro-based DeFi strategies.
USDA Stablecoin Listed on CoinMarketCap
The USDA stablecoin has achieved a significant milestone with its listing on CoinMarketCap, a leading cryptocurrency tracking platform. This follows its earlier integration with Coinstore Exchange, where it became available for trading against USDT. - First CEX listing occurred in October 2024 on Coinstore Exchange - Latest listing on CoinMarketCap increases visibility and accessibility - Trading pair: USDA/USDT *Major integrations are anticipated in the near future*, though specific details remain unannounced.
Bleap App Integrates Angle Protocol for Stablecoin Yield
Bleap App has integrated Angle Protocol to offer yield-generating opportunities for USD and EUR stablecoin holders. This follows Angle's recent partnership with Ledgity Yield, where users can earn approximately 5% APY on EURC deposits. The integration enables: - Direct stablecoin deposits in USD and EUR - Automated yield generation through Angle's infrastructure - Seamless conversion between EUR and EURC This expansion marks another step in Angle's growing ecosystem of yield-generating partnerships across DeFi platforms.