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1/ We are thrilled to introduce USDA, Angle's USD stablecoin! 🇺🇸 USDA will offer: - a Savings solution 💰 - the same liquidity as USDC 💧 - anti-depeg mechanisms 🛡️ - borrow/leverage features 📈 Paired with EURA, USDA will boost onchain forex trading! All you need to know🧵👇🏼

208,999 次观看 • 2 年前 •via X (Twitter)

13 条评论

Angle 📐 的头像
Angle 📐2 年前

2/ An integrated savings solution 💰 USDA will allow its holders to earn a yield! The yield will come from RWAs & DeFi assets in USDA’s backing and interests paid by USDA borrowers. This yield will be allocated to USDA holders who stake in Angle’s Savings solution—stUSD.

Angle 📐 的头像
Angle 📐2 年前

3/ The same liquidity as USDC 💧 Minting USDA will be as simple as a swap, without any KYC requirements, fees, or slippage. USDA will offer the same liquidity as USDC. Users will be able to swap from USDC to USDA, and vice versa, instantly!

Angle 📐 的头像
Angle 📐2 年前

4/ Anti-depeg mechanisms🛡️ USDA’s design will rely on Angle's Price Stability Module designed to withstand adverse market conditions. This risk management framework draws upon 3y of R&D on EURA and insights gained from last stablecoin depeg incidents like USDC in March 2023.

Angle 📐 的头像
Angle 📐2 年前

5/ Black swan event resilience 🦢 USDA and stUSD holders will be able to redeem their stablecoins for any of the collateral assets in the event of a black swan impacting one of the tokens used in USDA’s backing. A significant milestone in stablecoin design innovation!

Angle 📐 的头像
Angle 📐2 年前

6/ Borrow & leverage 📈 Users will be able to borrow USDA and get leverage on Morpho Blue 🦋 LSTs and LRTs will be the primary assets to borrow from USDA. USDA will also feature Metamorpho vaults to lend USDA.

Angle 📐 的头像
Angle 📐2 年前

7/ A battle-tested infrastructure ⚔️ USDA design will leverage the same mechanisms that has been built for EURA which has been in production for over two years and undergone multiple audit and bug bounty programs.

Angle 📐 的头像
Angle 📐2 年前

8/ Transparency 🔍 Everything will run on smart contracts and will be fully visible onchain. As with EURA (formerly agEUR), users will be able to track collateral reserves behind each USDA in real-time by checking the open Balance Sheet of the Protocol on Angle website.

Angle 📐 的头像
Angle 📐2 年前

9/ USDA draws heavily from what made EURA, its big brother, successful. So what’s new?

Angle 📐 的头像
Angle 📐2 年前

10/ Institutional-grade reserve management 🆕 Many stablecoins have failed to maintain their peg due to nonexistent asset liability management. Thus, @Steakhouse, will provide guidance to Angle Protocol, ensuring institutional-grade reserve management!

Angle 📐 的头像
Angle 📐2 年前

11/ Boosting onchain forex trading 🆕 The launch of USDA will pave the way to establish an onchain Forex Hub. With EURA and USDA, Angle Protocol will be able to offer onchain trades at true forex rates between its two stablecoins, but also any Euro and U.S. Dollar stablecoins.

Angle 📐 的头像
Angle 📐2 年前

12/ Built with the best 💪🏼 The launch of USDA is a team effort: @LayerZero_Labs @MorphoLabs @Eigenpiexyz_io @kelporg @pendle_fi @odosprotocol @ether_fi @BackedFi @redstone_defi @SteakhouseFi @1inch We will share more details on the role of each of them soon!

Angle 📐 的头像
Angle 📐2 年前

13/ When? USDA will enter a private beta phase in the coming days, pending a governance vote. USDA will be more broadly available in April 2024. Want to participate in the beta and get early access? Post your Ethereum address in comment👇🏼

Angle 📐 的头像
Angle 📐2 年前

14/ Learn more about USDA at:

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Valerie Anne Smith

102,870 次观看 • 1 年前

One of the greatest blessings since taking on this role just over one year ago has been getting to know so many of our career team Dept. of Agriculture. Many of whom have proudly been here for decades (and their parents before them!) To honor their work, I decided to take nominations and launch an “Unsung Hero” award. The best part… to surprise our winners! With Annette James, Branch Chief of Printing Services, as the first recipient! She started working for USDA in High School — 37 years ago!🇺🇸❤️ As I made my way to the basement of our South building and turned the corner, she burst into tears. She had never met any of her Secretaries, and certainly none had ever come down to the print shop. Meeting her and her team was such a highlight. And later, we had a wonderful lunch at the White House to celebrate! For her entire career spanning three decades, Annette has served the Department — and our nation — with extraordinary dedication, unmatched professionalism, and quiet grace. She has built an exemplary team that delivers professional documents, posters, exhibits, and other materials that carry the USDA name, all delivered flawlessly, on time, and with the highest standards of excellence. A working mom of three, her children grew up watching her advance her career at USDA. This Department thrives because of dedicated career professionals like Annette: the unsung heroes whose integrity, consistency, and behind-the-scenes excellence keep America’s agricultural mission moving forward every single day. Annette, on behalf of USDA, our farmers, ranchers, foresters, and all who depend on this vital work — thank you for your nearly 40 years of selfless service to the American people. You embody what makes USDA great, and this recognition is long overdue!

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