Difference between revisions of "Euler (EUL)"
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== History == | == History == | ||
== Audits & Exploits == | == Audits & Exploits == | ||
*[[Bug bounty]] program can be found [insert here]. | *[[Bug bounty]] program can be found [insert here]. | ||
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== Usage == | == Usage == | ||
* [https://ournetwork.substack.com/p/ournetwork-146 From] [[Our Network]] (11-11-2022): | |||
''"Euler's utilization has remained extremely high throughout its life. Despite the recent crisis, confidence in Euler has hit a new high. Utilization consistently hits between 80 - 100% versus [[Aave (AAVE)|Aave]]’s ~40% or [[Compound (COMP)|Compound]]’s 44%. 80%+ utilization incentivizes more lenders and borrowers, making Euler's revenue versus incentives unbeaten at a deficit of $759k, versus leaders at a deficit of $1.3m despite a comparatively minuscule [[Total Value Locked (TVL)|TVL]], meaning a smaller base for fees."'' | |||
=== Projects that use or built on it === | === Projects that use or built on it === | ||
== Competition == | == Competition == |
Revision as of 02:24, 14 November 2022
Euler is a next-generation lending protocol that enables the permissionless listing of assets.
Basics
- Started in / Announced on:
- Mainnet release: 14-12-2021, guarded mainnet launch
- Based in:
- From DeFi Prime (21-12-2020):
"A decentralized lending protocol centered around reactive interest rate models."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
- Governance by EUL token holders started on 23-6-2022.
Treasury
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
How it works
Fees
Upgrades
Staking
Liquidity Mining
Scaling
Different Implementations
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
- From Our Network (11-11-2022):
"Euler's utilization has remained extremely high throughout its life. Despite the recent crisis, confidence in Euler has hit a new high. Utilization consistently hits between 80 - 100% versus Aave’s ~40% or Compound’s 44%. 80%+ utilization incentivizes more lenders and borrowers, making Euler's revenue versus incentives unbeaten at a deficit of $759k, versus leaders at a deficit of $1.3m despite a comparatively minuscule TVL, meaning a smaller base for fees."
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
"Euler Raises $8 Million. The Series A round was led by Paradigm with participation from Lemniscap and angels. like Anthony Sassano, Ryan Sean Adams, David Hoffman, Kain Warwick, Hasu, Danilo Carlucci, Supriyo Roy, and Xin Wang."
- Matter Labs; according to Matter Labs, the founders and leadership of a bunch of DeFi projects, among which this project, joined in on the $50m raise for zkSync (8-11-2021).
Partners
(:
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