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What is EURA?
EURA is a decentralised and over-collateralised euro stablecoin designed for decentralised finance (DeFi) use cases. It is issued by the Angle Protocol and is meant to maintain a strong peg to the euro.
How does EURA work?
EURA operates on a system where it is over-collateralised with crypto reserves. This means that there is more value held in reserve than the total value of EURA issued, which helps maintain its stability and peg to the euro. The system utilises transparent, decentralised mechanisms and aims to offer a competitive option for exchanging USD for Euro on-chain, among other DeFi functions.
What are the potential use cases for EURA?
Potential use cases for EURA include earning yield, making payments to contributors, and providing an entry point into cryptocurrency markets without being exposed to significant volatility. EURA can also be used in various DeFi applications and financial transactions that require euro-denominated stable assets.
What is the history of EURA?
EURA was launched on 23 October 2021 by the Angle Protocol. Its development has focused on creating a stable and dependable euro-pegged asset for use within DeFi ecosystems. Its features include being over-collateralised, offering robust anti-depeg mechanisms, and being designed to generate yield for users.
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Frequently Asked Questions (FAQs)
What is the current price of agEUR (AGEUR)?
The agEUR price is $1.7029 AUD, representing a +0.51% from the day prior.
Where is the best place to buy agEUR (AGEUR) in Australia?
The best place to buy agEUR (AGEUR) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell agEUR (AGEUR) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of agEUR (AGEUR)?
The trading volume of agEUR (AGEUR) is $167.3K AUD in the last 24hrs, representing a +0.51% from the day prior.
How can I buy agEUR (AGEUR)?
agEUR (AGEUR) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of agEUR (AGEUR)?
The current market cap of agEUR (AGEUR) is $32.2M AUD.
Can I convert agEUR (AGEUR) to cash?
Yes - With Coinstash you can convert your agEUR (AGEUR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many agEUR (AGEUR) are there?
The current circulating supply of agEUR (AGEUR) is 19.3M.
Is Coinstash a safe place to buy agEUR (AGEUR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling agEUR (AGEUR) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.