Angle Protocol has launched a euro savings solution called stEUR.
BlockBeats reported on September 26th that Angle Protocol, a decentralized stablecoin protocol, announced the launch of stEUR on Ethereum. It is a Euro savings solution supported by actual assets in the protocol's reserves. Users can obtain stEUR and earn Euro savings by pledging agEUR in the smart contract on Ethereum. The initial yield is set at 4% and will be paid through agEUR. Additionally, stEUR does not charge any upfront fees, deposit or withdrawal fees, nor does it have any locking or minimum deposit requirements.