Angel Protocol will facilitate an increase in the adoption of UST as donations increases over time and expect the amount delegated to AP to increase in the coming months.

Since the launch of Angel Validator, there has been an increase in total delegations to Angel Protocol from 739 unique addresses.

There is approximately 382 mil LUNA delegated, and roughly 0.1% of that amount is currently delegated to Angel Protocol.

Introduction

Angel Protocol will allow donors to pledge their dollars as UST to benefit a cause or charity. UST is created by buying and burning an equivalent amount of LUNA in the market.

Angel Protocol uses Anchor's high-yield fixed interest on UST around 20% per annum yield on deposits and this yield is then periodically given to the donor’s choice.

Angel Protocol allows donors to turn their contributions into perpetual charity endowments. They take your money, put it to work, and periodically give its yields to the cause of your choosing.