Angle is an overcollateralized stablecoin protocol that is used to issue stablecoins called agTokens that are pegged to a specific value.
What we like less
agTokens could become undercollateralized if hedging agents or standard liquidity providers fail to properly insure the Core Module.
What it means for you
In addition to its stablecoin product, Angle also offers you a way to trade perpetual futures, earn yield from DeFi strategies, and get leverage on a broad range of assets.