• ANGLE is the governance token of the Angle Protocol

• Community/Team/Early Backers split is 72/18/10

• The majority of the ANGLE tokens will be controlled by the DAO

• A big portion of community liquidity is going to be distributed through liquidity mining on the Angle Protocol

• The DAO will have control on how to distribute tokens in the DAO Treasury

Angle Protocol was created to make Decentralized Finance accessible to everyone in the world without any financial risk thanks to stablecoins. It is crucial for the success of the protocol to have a decentralized governance.

With more than 24k people on Discord and 16k on Twitter, the Angle community has gained a lot of momentum in the past weeks. This community remains the top priority for the project and we hope that thanks to the ANGLE token it will keep growing in a healthy way!

In this post, we would like to share our plans for the ANGLE governance token distribution and utility across the protocol.

With a total initial supply of 1 billion, the main purposes of the ANGLE token are to get as many people involved as possible in the governance of the protocol, to help the protocol own and control a portion of its reserves and to incentivize Users, Standard Liquidity Providers and Hedging Agents.

The vision for the ANGLE distribution is that it needs to be multi-year, extended, and sustainable until the protocol reaches ubiquity. With this in mind, the token distribution is broken down as follows:

• 40% To the Community through Angle Liquidity Mining Program

• 20% To the DAO Treasury