Angle is a decentralized, capital-efficient, and over-collateralized stablecoin protocol. The Angle protocol aims to create a sustainable monetary layer for blockchains. It is currently issuing agEUR, the most liquid euro stablecoin on Ethereum and other chains.
The primary purpose of the ANGLE token is to involve as many people as possible in the governance of the protocol and incentivize users, standard liquidity providers, and hedging agents.