Angle Weekly Recap

Week December 13th - 19th

17/12/2021
Original message

Hey all @Angler’s :wave:

Hope everyone is doing good here! A quick update about what’s been going on this week:

Olympus Pro bonds switch from ANGLE/agEUR LP to agEUR only
After the moderate success, a governance vote was held to decide between continuing the previously ongoing bond program, change it to buy agEUR directly instead of ANGLE/agEUR LP tokens, or stop it altogether. The decision was to keep the program going and sell ANGLE against agEUR instead! You can follow the discussion here (Olympus Pro for Angle Protocol) and in the olympus-pro channel.

CVX bribing
Angle bribed CVX holders to get rewards on the 3EUR pool. This has been a success for LPs with more than x4 multiplier on rewards, though the global effect on the protocol is still hard to evaluate. You can stake on Convex here (https://www.convexfinance.com/stake) and follow the discussion in the gov forum there (Convex Incentives: Analysis).

Tokenomics Upgrade
The tokenomics upgrade is going as planned with the audits well underway, and release is still planned for January :rocket~1: The veangle-upgrade channel was opened to discuss the upgrade.
You can find the latest blog article about it here: ANGLE Upgrade Series, Part 1: Introducing locked ANGLE tokens and their advantages for the protocol | by Angle | Dec, 2021 | Angle Protocol

Last but not least … Community call on Monday!
As said in the previous announcement, we’ll host our third community call on Monday 20th, at 5 PM CET (4 PM UTC)! We hope to see you there to talk about the upgrade and the future of the protocol for 2022 :anglecolor:

Also wanted to give a special shoutout to everyone involved here and in the governance forum! It’s those open discussions with everyone that shape the future of protocol, so thank you all for that, and LFG :rocket: