Angle Protocol has announced the orderly liquidation of its EURA and USDA stablecoins. Holders can exchange these stablecoins for EURC and USDC at a 1:1 ratio via the Angle App on Ethereum until March 1, 2027. VaultManager users can close positions to retrieve collateral assets. After the redemption period, remaining reserves will be reclaimed by the guardian multisig and proportionally airdropped to Ethereum holders who did not exchange, with distribution facilitated by Merkl. The airdrop claim period is one year, giving holders a total of two years to recover funds. Angle is now focusing on developing the DeFi incentive platform Merkl.