What is agEUR
agEUR is a stablecoin of the Angle Protocol which value is pegged to the Euro. This stablecoin is backed by derivatives and by the insurance fund of the Angle Protocol. It is fully convertible against collateral held in the protocol.
To know the value of 1 Euro, the protocol looks at oracle feeds from Uniswap V3 and Chainlink.
agEUR vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, AGEUR would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of AGEUR might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including AGEUR.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.