The Angle Protocol community has resolved to systematically shut down the EURA and USDA stablecoins.

SmartContractAuditor · 2026-03-04T23:13:05+00:00

The Angle Protocol community has decided to gradually shut down the EURA and USDA stablecoins over a one-year transition period through Proposal AIP-112. Users can exchange their stablecoins for EURC and USDC before March 2027. After the transition period ends, the protocol will cease operations, and remaining reserves will be distributed via airdrop to unredeemed token holders.

SmartContractAuditor

2026-03-04 23:13:05

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Odaily Planet Daily reports that the Angle Protocol community has approved Proposal AIP-112 to orderly shut down EURA and USDA stablecoins over a one-year transition period. Users can cross back their EURA and USDA tokens from various chains to Ethereum via the Angle App before March 1, 2027, and exchange them 1:1 for EURC and USDC. VaultManager positions can be closed to retrieve collateral. After the transition period ends, the protocol will cease operations, and EURA and USDA may depeg. Remaining reserves will be recovered through multi-signature, and distributed proportionally via Merkle airdrop to unredeemed token holders on Ethereum. Users will have a one-year claim window after the airdrop goes live.

ETH5.49%

USDC-0.04%

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