I am a core member of Angle protocol - a decentralized, capital efficient and over-collateralized stablecoin. The first stablecoin made is the agEUR (pegged to the EURO), the largest decentralised EURO stablecoin, with currently 50m agEUR in circulation and a total volume of 6b.
Angle generates fees from different sources:
- Core module: Marketplace between long/short on collateral, along with single sided LPs. Fees: mint/burn from stablecoin issuance, open/close from perpetuals and interest on invested reserves.
- Borrow module: Borrow agEUR against collateral. Earning fees via borrow,repay, interest and liquidation surcharge.
Source : Angle built a graph via The Graph Protocol.
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