Saber is excited to announce the first acEUR-ag-EUR pool is being launched on Solana in partnership with Allbridge and Angle Protocol!

acEUR is AllBridge Wrapped CEUR (Celo Euro) from the Celo Blockchain, and agEUR is the first liquid Euro stablecoin on-chain, issued by Angle Protocol. This marks the first time the Euro has been brought to the Solana ecosystem in a stable asset pairing.

Users can now deposit acEUR or agEUR in the acEUR-agEUR pool to earn yield from liquidity mining incentives and trading fees. Rewards should go live within 24 hours.

About Saber Labs

Saber Labs contributes to Saber, the leading cross-chain stablecoin exchange on Solana. Saber provides the liquidity foundation for stablecoins, which is a type of cryptocurrency whose value is pegged to another asset, like the US dollar or bitcoin. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

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About Allbridge

Allbridge is a modular and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.

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