This opportunity acts as a savings account denominated in EUR and works well for investors who want stablecoins pegged to EUR.
Assets
By investing in this opportunity, your exposure to EUR will be through the EURA token, which is a EUR stablecoin that represents EUR on the Ethereum blockchain.
Yield source
Your yield accrues from fees paid by users using the provider's (Angle) stablecoin services. Angle deploys its collateral assets to earn additional yield through real-world assets like US treasuries. This yield is then passed on to depositors of this pool. Your yield can fluctuate based on the demand for the provider's services.
Risk perspective
Risks include EURA's exposure to real-world assets like Euro fiat and bonds.
Provider
Angle
Chain
Ethereum
Contract address
0x004626A008B1aCdC4c74ab51644093b155e59A23
Yield5%
30d APY
Base
5%
Reward
0%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.