💵Earn a Dollar yield
Deposit assets in the Angle savings solution and earn a yield paid in Dollar
Last updated
Deposit assets in the Angle savings solution and earn a yield paid in Dollar
Last updated
Make sure you have enough gas tokens for the corresponding chain (ETH, MATIC, etc) in your wallet before you execute the deposit transaction into the Angle savings solution.
Open the Angle app and connect your wallet
Go to the Earn section section and click on the Earn Dollars tab
Choose the chain on which the funds you want to deposit are located. The Angle savings product is available on multiple networks, such as Ethereum, Optimism, Arbitrum, Base, and more
Look at the amount of stablecoins in your wallet that are not earning any yield. Then, check your total potential earnings for the next 30 days and 1 year if you deposit all detected assets. These estimates are based on the current APY displayed in the interface
Select the stablecoin you want to deposit from the list. You can deposit USDC, USDT, USDA, DAI, and more
Enter the amount of the token you want to deposit. Please note that there is no minimum deposit
Check the transaction overview and your potential earnings for the token you are depositing
Approve the transaction and sign the message in your wallet
Click Deposit and confirm the transaction in your wallet. And voila! You will start earning yield immediately!
The Angle app automatically detects stablecoins in your wallet that are not earning any yield.
When depositing a token other than Angle’s USDA, your assets will be automatically swapped for USDA before being deposited into the Angle savings solution — all in one transaction! Please note that depositing USDA incurs no fees and no slippage. Depositing USDC incurs no fees and no slippage on certain networks, including Ethereum.
You will receive stUSD tokens (staked USDA) in exchange for your deposit. stUSD is a yield-bearing stablecoin whose value continuously increase over time. The yield distributed to users depositing into the Angle savings solution is directly reflected into stUSD value. You have nothing to do, just hodl! It’s all automatic.
stUSD is an ERC20 token that is liquid and that you can trade anytime.
The exchange rate between USD stablecoins and stUSD is not 1:1. stUSD value increases since its launch and is now higher than $1 USD. It’s therefore normal to receive a fewer amount of stUSD than the amount of USD stablecoins deposited.
The Angle savings solution works as a swap and is integrated into several decentralized exchanges. Thus, you can also get stUSD (and earn its yield) by swapping your assets directly on the Odos, 1inch or ParaSwap DEXs apps.
