Angle Weekly Recap

Week January 24th - 30th

27/01/2022

Hey all Anglers :wave:

Here is our weekly recap, the firs one since all the features of the veANGLE upgrade have been finalized :muscle:

Interest distribution for veANGLE holders
On January 27th, Angle Protocol distributed 50% of the interest generated by the protocol during the previous week for the first time! A little more than 162k sanUSDC_EUR have been distributed, worth $180k at the time for an APY of 349% over the first week :money_with_wings:

Stake DAO locker approved :lock:
@hatashi from Stake DAO posted a proposal last week to whitelist their protocol so they could develop an improved version of locker on top of ANGLE & veANGLE. Some details have been laid out in this post, and the community approved it! In short, it could allow liquid locking, direct retention of almost all voting power, and redistribution of profit from strategies built by Stake on top of Angle. The team is happy to see this moving forward and excited to see the impact it will have on Angle Protocol.

Next Community Call :phone:
Many things have been going on recently, and it’s been a while so we’re organizing a community call next week! Looking forward to talk about the recent upgrade and the next steps for the protocol with all of you. Mark your calendars for Thursday February 3rd at 5 PM CET :calendar: (date will be confirmed early next week).

DAO App improvements
After the release of the last features in the DAO App, we are still improving the UI/UX! If you have any feedback or feature request, please let us know in the #app-feedback channel of the Discord and we can have a chat about it!

Reminder
If you still have funds staked on old contracts, remember to unstake them from the DAO App at https://dao.angle.money/ in the deprecated section.

Have a good week everyone :sun_with_face:

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