veANGLE is live on mainnet.

Published on: 14.01.2022

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

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