steur

ChainCatcher news, the decentralized stablecoin protocol Angle Protocol has announced the launch of stEUR on Ethereum, a euro savings solution backed by actual assets in the protocol's reserves. Users can earn stEUR and earn euro savings by staking agEUR in a smart contract on Ethereum. The initial yield is set at 4% and will be paid in agEUR. Additionally, stEUR does not charge any upfront fees, has no deposit or withdrawal fees, and has no lock-up or minimum deposit requirements.