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
Angle Labs Co-Founder Discusses Onchain Savings Evolution at Stable Summit
Guillaume Nervo, co-founder of Angle Labs, delivered a presentation at Stable Summit conference focusing on: - Current limitations of onchain saving solutions - Evolution of blockchain-based savings platforms - Future developments in the space The talk precedes ETHCC and continues with in-person discussions in Cannes. This presentation builds on Angle Labs' expertise in decentralized finance solutions and stablecoin technology.
Angle Protocol Launches New Yield Earning Features
Angle Protocol has expanded its yield-earning capabilities for USD and EUR stablecoins through integration with BleapApp. Users can now earn passive income on their dollar and euro holdings in a streamlined process. The protocol continues to build on its existing infrastructure, which includes: - agEUR: A leading Euro stablecoin - Yield generation through Real World Assets - Integration with major DEXes This update simplifies the yield-earning process for stablecoin holders, making DeFi yields more accessible to everyday users.
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.