Proposal for a New Angle ($agEUR) Farm!

Proposal for a new Angle ($agEUR) Farm!

Dear CAKE holders, we’re proud to announce a new Farm with Angle!

Angle is a decentralized and over-collateralized stablecoin protocol, behind agEUR, a Euro stablecoin. As part of its stablecoin mechanism, Angle also offers leveraged yield and leveraged collateral exposure. The protocol is deployed natively on multiple chains.

The Farm:

Stake agEUR-USDT (0.05% fee tier) v3 LP to earn CAKE tokens!

• Farm duration: 60 days
• Farm base multiplier: 1.5x
• Liquidity pair: agEUR-USDT (0.05% fee tier) v3 pair
• Start time: Approx. 0730 UTC on 26 May 2023
• Finish time: Approx. 0730 UTC on 25 Jul 2023

The farm will have 1.5x CAKE rewards for the entire 60 days. At the end of the 60-day period – approx. 0730 UTC on 25 Jul 2023 – the farm will be re-adjusted to a 0x multiplier unless the following metrics are comparable with other farms of similar multiplier: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues or concerns related to users’ safety and security.

What is $agEUR?

From the team: “agEUR is a decentralized and capital-efficient Euro stablecoin. It is over-collateralized and backed by a wide range of different crypto assets including some of the most prominent USD stablecoins. agEUR is deeply liquid, and supports a native bridge infrastructure which allows it to be easily tradable from one chain to another.”

What can I do with $agEUR?

For use cases of agEUR, you may refer to this guide that the team has prepared. Do note, however, that not all the use cases mentioned in the guide are applicable to BNB Chain yet.

To bridge agEUR across 8 chains (including BNB Chain), you may refer to this guide.

To learn more, visit the project’s official channels:

• Website: https://www.angle.money/
• Cross-Chain Bridge: https://app.angle.money/bridges-agEUR
• Twitter: https://twitter.com/AngleProtocol
• Discord: https://discord.gg/4FtNgnpPgE
• Medium: https://blog.angle.money/
• Docs: https://docs.angle.money/overview/readme
• Dev Docs: https://developers.angle.money/

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️💀

The official agEUR token contract address on BNB Chain is:

https://bscscan.com/token/0x12f31B73D812C6Bb0d735a218c086d44D5fe5f89

​Any other agEUR token will be a scam. Always verify the token address before buying tokens. If you receive an agEUR token airdrop from another address, it’s probably a scam, and we advise you to ignore it.