Foresight News
Foresight News|3月 04, 2026 13:21
[Angle Protocol to Cease Operations in March 2027, EURA and USDA Can Be Redeemed at a 1:1 Ratio Within One Year] Foresight News reports that the decentralized stablecoin protocol Angle Protocol has officially announced that the Angle community has voted to orderly liquidate the EURA and USDA stablecoins (AIP-112). Users must redeem their stablecoins by March 1, 2027, during which the redemption ratio will be 1:1 with no losses. Remaining reserves will be airdropped to unredeemed holders via Merkl. The Angle team has now transitioned to Merkl, focusing on a DeFi incentive platform. Users can redeem EURA and USDA on Ethereum through the Angle application within the next year and exchange EURC and USDC at a 1:1 ratio via the Angle Transmuter on the same application. Note that after March 1, 2027, the Angle Protocol will cease operations, and EURA and USDA may lose their peg. The second phase of liquidation will begin after the redemption period ends, with remaining reserves proportionally airdropped to EURA and USDA holders on Ethereum. Only users who have transferred back to Ethereum will be eligible to receive the airdrop. The airdrop will be distributed via Merkl. The subsequent third phase will provide an additional one-year claim period, allowing users to directly claim EURC or USDC on Merkl, forming a total two-year redemption window for funds.
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