Joined April 2021
816 Photos and videos
Angle πŸ“ retweeted
Tokenized stock issuers will need a way to distribute dividends to end users, and coupons to bondholders. Because DeFi is composable, I expect most holders won't actually hold the tokenized stock directly. @merkl_xyz is building the smart-contract-aware solution that traces the position back to the original holder wherever it sits. Imagine someone depositing into a vault that then deposits into both Aave and Morpho: we can still attribute the holder's contribution. The neat part is that it works for stablecoins too. Any stablecoin looking to distribute its NIM to users across a subset of protocols can do it easily with Merkl, and whitelisting a new protocol is just an API call.
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A great initiative to start with incentives, especially for stablecoins looking to distribute their yield as activity-based rewards πŸ‘‡πŸΌ
Apr 23
Don't know where to start with incentives? Our new Guides section is for you. Setup walkthroughs, optimization tips, and best practices on budget sizing, LP retention, and more. Built from 60,000 campaigns across 250 teams. studio.merkl.xyz/guides ‡︎
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Angle πŸ“ retweeted
Apr 13
Regulation is reshaping stablecoin yield. Watch @GuillaumeNervo's full talk on why activity-based rewards remain the path forward for stablecoin issuers
The CLARITY Act's threat to yield distribution caused Circle's stock to drop 20% in a single session. That's a policy event with capital market consequences. @GuillaumeNervo of @merkl_xyz tracked it in Cannes. Don’t miss his solo talk on institutional stablecoins ↓ youtube.com/watch?v=QRSDfmE9…
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Angle πŸ“ retweeted
Mar 25
Circle stock dropped 20% yesterday. The CLARITY Act would ban passive yield on stablecoins to avoid competing with banks. But activity-based rewards, like liquidity provision or loyalty programs, would still be allowed 🎁 Bullish for @merkl_xyz
‡️ $CRCL drops 20.98% on developments surrounding the Clarity Act, a bill that may restrict yield offerings on stablecoins.
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As part of the Angle Protocol wind-down, 3.5M $USDC and 2.2M $EURC have been airdropped to $ANGLE holders. Claim yours on @merkl_xyz πŸ”—β€΅οΈŽ
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$ANGLE holders, the excess equity airdrop following AIP-111 just landed. USDC and EURC are waiting for you on your @merkl_xyz dashboard πŸ”—β€΅οΈŽ
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The vote to wind down EURA and USDA is now live. Both stablecoins remain fully collateralized. Holders have 1 year to redeem 1:1, plus an additional year to claim any remaining funds airdropped via @Merkl_xyz (the incentive platform developed by the former Angle Labs team). Full details: snapshot.org/#/s:anglegovern…

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Angle πŸ“ retweeted
For those wondering what's next for us: @merkl_xyz, and we're just getting started. 2025 has been a breakout year. Over $1.5bn in rewards distributed, 200 teams onboarded, and deep partnerships with major stablecoin issuers on yield redistribution infrastructure. We've been cooking a lot behind the scenes. More soon.
We've just posted a proposal for the orderly wind down of the @AngleProtocol EURA and USDA stablecoins. Why? Activity has been steadily declining, and maintaining an idle protocol creates unnecessary smart contract liability. The decentralized stablecoin space has evolved: yield-bearing stablecoins are essentially a branding layer on top of vaults and lending protocols that already exist everywhere. There's no strong reason to keep running infrastructure for something others do natively. A huge thank you to everyone who believed in Angle and supported it along the way. It's been a great experiment and an incredible ride. The protocol remains fully collateralized, and the proposal gives everyone 1 year to redeem at 1:1 with no haircut, with a 2-year total window to recover funds. I'll probably write a longer piece to reflect on the learnings from building a decentralized stablecoin. The proposal will be submitted to a vote shortly. Separately, the surplus airdrop proposal has passed! The airdrop will be based on ANGLE balances as of March 5th. Make sure to bridge your ANGLE back to Ethereum and withdraw any liquidity before then to be eligible.
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Angle πŸ“ retweeted
We've just posted a proposal for the orderly wind down of the @AngleProtocol EURA and USDA stablecoins. Why? Activity has been steadily declining, and maintaining an idle protocol creates unnecessary smart contract liability. The decentralized stablecoin space has evolved: yield-bearing stablecoins are essentially a branding layer on top of vaults and lending protocols that already exist everywhere. There's no strong reason to keep running infrastructure for something others do natively. A huge thank you to everyone who believed in Angle and supported it along the way. It's been a great experiment and an incredible ride. The protocol remains fully collateralized, and the proposal gives everyone 1 year to redeem at 1:1 with no haircut, with a 2-year total window to recover funds. I'll probably write a longer piece to reflect on the learnings from building a decentralized stablecoin. The proposal will be submitted to a vote shortly. Separately, the surplus airdrop proposal has passed! The airdrop will be based on ANGLE balances as of March 5th. Make sure to bridge your ANGLE back to Ethereum and withdraw any liquidity before then to be eligible.
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The vote to distribute the Protocol’s excess equity to ANGLE holders is now live, following last week’s proposal by @pablo_veyrat snapshot.org/#/s:anglegovern…

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Just posted a proposal to airdrop @AngleProtocol excess USDC and EURC reserves to ANGLE holders. To be clear: this isn't a discontinuation. After removing the treasury, the protocol stays fully collateralized, with ~$2.41m in assets behind USDA, and €5.3m behind EURA. We'll share a proposal for next steps in the coming weeks.
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Angle πŸ“ retweeted
Just posted a proposal to airdrop @AngleProtocol excess USDC and EURC reserves to ANGLE holders. To be clear: this isn't a discontinuation. After removing the treasury, the protocol stays fully collateralized, with ~$2.41m in assets behind USDA, and €5.3m behind EURA. We'll share a proposal for next steps in the coming weeks.
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Happy New Year 2026! πŸŽ‰
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Merry Christmas! ✨ Wishing you a peaceful holiday season.
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Why earn yield on your USD stablecoins with Angle? β€’ 7.3% 60-day average APY β€’ No performance fees β€’ Available on Ethereum, Optimism, Arbitrum & Base
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In Oct 2024, Angle Protocol lent ~$80k to @CoinstoreExc for the listing of USDA & stUSD. Despite repeated attempts, the funds were never returned, with Coinstore alleging operational issues with one of their market makers. Due to @CoinstoreExc's incompetence and lack of professionalism, having either lost or misused our money under a loan agreement, we feel compelled to make this public after repeated warnings. If you’re considering working with @CoinstoreExc for a listing or trading, we strongly advise against it. Angle Protocol remains fully secure, your funds are safe.
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