Fyde Treasury is pleased to announce the integration of Angle Protocol’s agEUR stablecoin into its Liquid Vault. This collaboration aims to bolster the stability, yield generation, and diversification within the Fyde ecosystem.

Fyde’s Integration of agEUR

Incorporating agEUR marks Fyde's dedication to expanding stablecoin diversity, which helps reduce reliance on large USDC/USDT holdings. By leveraging agEUR’s yield opportunities through a planned integration of stEUR, a staked version of agEUR, Fyde aims to generate a Euro-denominated yield, strengthening the vault’s resilience.

About Angle Protocol

Angle Protocol is a leader in stablecoin innovation, creating agEUR — the largest decentralized Euro stablecoin. Through initiatives like Merkl and Angle Public Goods, Angle is establishing a framework for efficient, permissionless stablecoin solutions that drive financial accessibility and innovation in the DeFi ecosystem.

Mutual Benefits of the Partnership

For Fyde, integrating agEUR enhances stablecoin holdings in the Liquid Vault and mitigates exposure to USD-only assets. For Angle, agEUR gains greater adoption with Fyde’s 25+ trading pairs, boosting liquidity and visibility across the DeFi space.

Stablecoin Integration and Yield Generation

Fyde’s Liquid Vault optimizes for both stability and yield, offering diversified exposure for depositors. By including agEUR, Fyde fortifies its stablecoin reserves while preparing for future stEUR yield opportunities, empowering the community and fostering sustainable growth in DeFi.

The Role of Fyde’s TRSY Token

Fyde’s $TRSY token offers Angle Protocol stakeholders a way to participate in Fyde’s treasury management strategies. Depositors receive $TRSY in exchange for agEUR, enabling them to access diversified returns and yield generation within the vault.

Looking Ahead: Fyde and Angle’s Evolving Collaboration

With agEUR now integrated and plans for stEUR on the horizon, Fyde and Angle are set to influence the future of stablecoin use and liquidity in DeFi. This collaboration highlights both platforms’ commitment to advancing stablecoin adoption and building a resilient financial ecosystem.

Points Points Points!

Users who deposit agEUR into the Liquid Vault and stake their received $TRSY tokens with referral code R7aLfeq0vT will earn additional Fyde Points, contributing to the upcoming airdrop in Q2 2024. Visit app.fyde.fi to participate.

For more information, visit Fyde Treasury and Angle Protocol.