Why veANGLE?
Like in Curve system, veANGLE gives the right to:
- vote on Angle improvement proposals
- vote for where ANGLE emissions should go
- a share of the interests generated by the protocol
- a boost when staking in Angle’s contracts
How to get it?
To make such interactions possible, we have built an interface, hosted on IPFS, where users can now start to:
- Lock ANGLE to get veANGLE
- Allocate their veANGLE voting power on gauges for next week’s rewards: rewards voted by veANGLE holders will start being distributed on the 20th of January
- Migrate their liquidity if they need to (more info below)
- Claim their share of the interest generated by the protocol: if you get veANGLE before the 20th of January, you should get your first rewards on the 27th of January distributed under the form of sanUSDC_EUR tokens! Based on current data, $90k worth of interest will be given each week to veANGLE holders. Current veANGLE APR is 12547.79 %.
🔽DETAILS:
https://blog.angle.money/veangle-is-live-on-mainnet-4d702fcf7584
