Angle Weekly Recap

Week March 14th - March 20th

18/03/2022

Hey @Angler’s :wave: This has been a busy week for Angle! Here is what’s been going on :point_down:

Angle Router release!

After a few weeks of testing, the Angle router contract has been deployed on mainnet and some features have been implemented in both Angle apps at app.angle.money and dao.angle.money!

It enables some cool features like Claim ANGLE and lock, or Claim sanUSDC_EUR interest and stake. You can find a link to the blog post detailing all the features in this tweet.

The next set of features, mint, deposit, and open perp from any token, will allow users to come into the protocol with potentially any token! The router will then swap those against one of the accepted collateral before using them in the protocol.

agEUR on Aave V3 polygon

Aave released their V3 on multiple networks, and added $agEUR to their Polygon market! Users can now deposit and borrow agEUR from Aave V3 on Polygon, and use it anywhere they want.

Follow this guide to check out how to bridge between ETH Mainnet and Polygon: https://blog.angle.money/ageur-and-angle-are-live-on-polygon-cc470a2c4f76

This is a big step for agEUR, and shows that trust around the stablecoin is starting to build up :building_construction:

Strategy update

Earlier this week, we updated our GenericCompound strategy contract. The reason was that the old contract version was using Uniswap V3 to swap COMP rewards, but liquidity in the pool moved out of the range so that the strategies couldn’t swap rewards anymore. To fix this, we updated the contract so that it uses 1inch instead of Uniswap. As always, you can find all the deployed contracts addresses in the Angle SDK.

Next milestones for Angle :rocket:

The router release is the start of a busy roadmap for Angle in the next few months. As always, the goal remains to push for $agEUR adoption, while developing the protocol so that it can support multiple stablecoins in a decentralized and robust way. Next milestones include:

Have a nice weekend @everyone ! :handshake: :sunrise_over_mountains: