The easiest way to save and earn Euros
A trustless Euro savings solution for all
stEUR is a transparent and permissionless Euro savings solution offering a 0% yield from Angle Protocol yield earnings.
stEUR Historical Performance
Evolution of the value of 100€ invested in the stEUR contract over time.
Sustainable and transparent revenue at your fingertips
Angle Savings yield is non dilutive: earn the same yield regardless of whether you provide 1€ or 100,000,000€.
Every facet of Angle is up for review: track Angle revenue and future programatic yield updates in real-time.
Track the collateral reserves behind agEUR in real-time. With Angle, transparency isn't a feature, it's a foundation.
Stable collateral backing plus equity buffer
The risks with participating in Angle audited savings infrastructure are the same as those involved with owning agEUR.
With stEUR, take advantage of agEUR anti-depeg mechanisms, stable collateral backing as well as of the 0% equity buffer for every agEUR in circulation.
Liabilities & Equity
Surplus Buffer: This is what would be left in the protocol if all stakeholders redeemed or repaid their agEUR debt.
Designed for simplicity and peace of mind
Enter permissionlessly with any amount, no fees and on the chain of your choice.
Leave your agEUR in the contract and keep your stEUR for as long as you like.
Withdraw any time for an ever growing amount of agEUR: there are and there will never be any lock-up.
Enter your amount
Built to be composable
Your savings deposits with Angle are tokenized. Leverage stEUR across the entire DeFi ecosystem.
Wondering if stEUR is for you or your protocol?
Need a little help?
stEUR is a staked version of agEUR earning a native Euro yield paid in agEUR. It is a yield-bearing ERC-20 token that can be freely transferred and that is always redeemable for an ever-growing amount of agEUR. The value of 1 stEUR is not meant to be 1€: it increases over time as yield continuously accrues to it.
The yield is generated by the assets the Angle Protocol holds across its different minting modules. In particular, the Angle Protocol collects yield from the interest rates paid by agEUR borrowers in the context of the loans that can be taken through its Borrowing module, and from specific yield-bearing assets in reserve by the protocol.
Aside from the smart contract risk, trust assumptions are the same for stEUR and agEUR. Returns may vary without notice but the deposited agEUR cannot be lent or used in any way. For the risk associated with holding agEUR, please refer to the documentation.
There are no protocol fees to deposit or withdraw from the stEUR contract. Withdrawals can be performed at any time.
When you deposit through this page, either you provide agEUR and these are directly deposited in the stEUR contract in exchange for stEUR tokens or your tokens are swapped into agEUR before being deposited in the contract. You can deposit as much as you want and withdraw at any moment. There are no lock-ups and no protocol fees for using stEUR.
Your agEUR is deposited into a dedicated contract within the Angle Protocol commonly referred to as the stEUR contract.
You will start earning immediately after depositing your first agEUR. You can then stay in the contract and keep earning for as long as you wish (from one block to years). Even in cases where Angle changes the savings rate schedule, your agEUR will remain there until you withdraw it.
You do not need to manage this position, you will earn more agEUR at the rate shown continuously until the rate is adjusted by Angle Protocol following the schedule voted by governance. You do not need to do anything if the agEUR Savings Rate changes. You can leave your agEUR in the contract and keep your stEUR for as long as you see fit.