This stainless dragonfly is ats-55, though the stainless handles got upgraded to vg-10 a few years ago... I've been beating on this one for 9 years. If you want a high carbon steel that shaves well, look at vg-10, s30v and the newest addition zdp-189.

vg-10 was designed as a horticultural steel, with a fine grain to limit the damage to the plant being trimmed or transplanted. VG-10, sharpened at 30deg inclusive and finished on veritas green (0.5 micron chromium oxide paste), will shave very nicely.

I sharpen anywhere between 12 and 40degrees inclusive, freehand.