agEUR stablecoin listed in Tokenbase

Protocol design of Angle

  • Stable Seekers: they swap collateral against stable assets, and conversely swap stable assets against a whitelisted collateral of their choice at oracle value, with no slippage and small transaction fees.
  • Hedging Agents (HAs): they open on-chain leveraged positions on Angle. They need to bring accepted collateral to the protocol, and are able to take positions on perpetual futures on the available collateral/stablecoins pairs. By doing so, they insure the protocol against the volatility of the collateral brought by stable seekers. This volatility is transferred to these traders, and the protocol is able to ensure users of the convertibility of the stablecoins they own even in case of collateral price drops.
  • Standard Liquidity Providers (SLP): they lend collateral to the protocol in return of a share of minting and burning fees, and of the rewards earned from investing part of the protocol reserves into yield-earning strategies.
Figure 1: Angle protocol stakeholders (Source: https://docs.angle.money/concepts/overview)

How to deal with multiple stable assets?

Figure 2: agEUR market share (Source: https://dune.xyz/SebVentures/Angle-Dashboard)
Figure 3: Tokenbase list with ANGLE and agEUR (Source: https://bit.ly/3xnlH2k)

The classification of Angle according to the ITC

Figure 4: The ANGLE Tokenbase entry (Source: https://itin.itsa.global/785KPBWW8)

The International Token Standardization Association (ITSA) e.V.

  • The International Token Identification Number (ITIN) is a 9-digit alphanumeric technical identifier for both fungible and non-fungible DLT-based tokens. Thanks to its underlying Uniform Token Locator (UTL), ITIN presents a unique and fork-resilient identification of tokens. The ITIN also allows for the connecting and matching of other media and data to the token, such as legal contracts or price data, and increases safety and operational transparency when handling these tokens.
  • The International Token Classification (ITC) is a multi-dimensional, expandable framework for the classification of tokens. Current dimensions include technological, economic, legal, and regulatory dimensions with multiple sub-dimensions. By mid-2021, there will be at least two new dimensions added, including a tax dimension. So far, our classification framework has been applied to 99% of the token market according to market capitalization of classified tokens.
  • ITSA’s Tokenbase currently holds data on over 4000 tokens. Tokenbase is a holistic database for the analysis of tokens and combines our identification and classification data with market and blockchain data from external providers. Third-party data of several partners is already integrated, and API access is also in development.

Remarks

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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International Token Standardization Association

International Token Standardization Association

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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