Angle Protocol

On March 22, the decentralized stable currency agreement, the Angle Protocol community, released a proposal aimed at restoring the anchored exchange rate of the euro stable currency, agEUR. The proposal proposes the following steps: Interpretation of this information: The Angle Protocol community has released a proposal to restore the anchored exchange rate of the euro stable currency, agEUR. The decentralized stable currency agreement aims to stabilize its Euro stable currency agEUR after its exchange rate was found to be unstable in recent months. The proposal suggests several steps. Firstly, to…

On March 14, the official of the decentralized stable currency protocol, Angle Protocol, said that AngleProtocol was affected by Euler’s vulnerability exploitation, and the protocol deposited 17.6 million USDCs into Euler. The agreement has been suspended, the debt ceiling has been set to 0, and Euler AMO has been closed. The situation is being monitored and will be updated immediately after receiving the update. Interpretation of this information: On March 14, the Angle Protocol, a decentralized stable currency protocol, announced that it was affected by the Euler vulnerability exploitation, which…