According to Golden Finance, Gauntlet launched a proposal for Polygon v3 in the Aave community, and according to Gauntlet's supply and borrowing limit methodology, we recommend setting supply and borrowing limits for agEUR and jEUR. Currently, agEUR borrowing is disabled as borrowing and cannot be used as collateral. Nonetheless, supply and borrowing caps should be set for all assets. The proposal will be released on 202311 13 snapshots.

Angle Protocol, a decentralized stablecoin protocol, has announced that the euro stablecoin agEUR has been deployed to Linea, where users can trade euros.

Decentralized stablecoin protocol Angle Protocol has announced that its euro savings solution, stEUR, has been activated on Gnosis Chain. Users can stake agEUR to receive native earnings paid in agEUR. Earlier, in September, Angle Protocol announced the launch of stEUR on Ethereum, a euro savings solution mainly backed by real-world assets (RWA) owned by the protocol in agEUR reserves, with an initial yield set at 4%, payable in euros, but will be updated periodically based on the use of the contract. The core idea of stEUR is that the protocol can automatically distribute a portion of its earnings to agEUR holders. In addition, stEUR does not charge any upfront fees, no deposit or withdrawal fees, and no lock-in or minimum deposit requirements. Users can earn stEUR and earn euro savings by staking agEUR in smart contracts on Ethereum.

According to the official governance forum, a new Aave community proposal proposes to add stEUR as a pure collateral asset on the Aave V3 Ethereum pool. stEUR stands for staked agEUR, a decentralized euro-pegged stablecoin minted by the Angle Protocol.

Odaily Planet Daily News The decentralized stablecoin protocol Angle Protocol recently announced the launch of stEUR on Ethereum, a euro savings solution primarily powered by the real world assets (RWA) owned by the protocol in the agEUR reserve. The initial yield is set at 4%, paid in euros, but will be updated periodically based on contract usage. The core idea of stEUR is that the protocol can automatically distribute a portion of its earnings to agEUR holders. Additionally, stEUR charges no upfront fees, no deposit or withdrawal fees, and no lock-in or minimum deposit requirements. Users can earn stEUR and earn euro savings by staking agEUR in smart contracts on Ethereum.

Odaily Planet Daily News The decentralized stablecoin protocol Angle Protocol announced the launch of the V2 version on Twitter, which will provide diversified asset allocation for its euro stablecoin agEUR reserve, including the tokenized short-term risk-free euro launched by Backed Bond ETF bC3M. This reserve asset will generate interest and become the first asset for all agEUR holders to obtain risk-free returns through staking.

According to news on July 10, the Angle Protocol community, a decentralized stablecoin protocol, recently launched a new proposal, proposing to launch a new module called Transmuter and replace the protocol collateral reserve. Transmuter is a new minting module designed for agEUR, which aims to enhance the system's resistance to black swan events and reduce reliance on hedging mechanisms. Additionally, the proposal proposes swapping the collateral reserves backing agEUR (including USDC, DAI, and FRAX) for EUROC and bC3M. EUROC is Circle’s euro stablecoin, and bC3M is Backed’s tokenized version of the C3M ETF, which aims to invest in short-term European government bonds. The goal of this proposal is to back agEUR with high-quality euro-denominated assets, enabling the protocol to offer risk-free savings contracts to all stakeholders.

According to news on May 16, the decentralized stablecoin protocol Angle Protocol has added a tokenized short-term U.S. government bond ETF "bIB01" as collateral for the euro stablecoin agEUR. bIB01 is backed by the tokenized real asset project Backed Finance. Users can use bIB01 to borrow agEUR.