Difference between revisions of "Euler (EUL)"

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=== Funding ===
=== Funding ===


* [https://ethhub.substack.com/p/ethhub-weekly-181?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0MDY1NDM1NywiXyI6IitrN3VtIiwiaWF0IjoxNjMwODQ4MzY4LCJleHAiOjE2MzA4NTE5NjgsImlzcyI6InB1Yi0zOTEwIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.-64HC-eKTz_mxEhdXrJO7AbdQuyHYUQYw2Ys From] [[EthHub]] (31-8-2021):
* [[FTX (FTT)|FTX]] turned out to have invested [https://docs.google.com/spreadsheets/d/1xoYqw-5EjQIiunX75UzozzMPOspm0KwFzgA-SKBcvyo/edit#gid=0 $5.6M] in exchange for tokens (8-12-2022).
*[[Matter Labs]]; [https://medium.com/matter-labs/funding-ea89c1fa731e 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).
*[https://ethhub.substack.com/p/ethhub-weekly-181?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0MDY1NDM1NywiXyI6IitrN3VtIiwiaWF0IjoxNjMwODQ4MzY4LCJleHAiOjE2MzA4NTE5NjgsImlzcyI6InB1Yi0zOTEwIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.-64HC-eKTz_mxEhdXrJO7AbdQuyHYUQYw2Ys From] [[EthHub]] (31-8-2021):


''"Euler [https://twitter.com/eulerfinance/status/1430487722171457536 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]]."''
''"Euler [https://twitter.com/eulerfinance/status/1430487722171457536 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]]; [https://medium.com/matter-labs/funding-ea89c1fa731e 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 ===
=== Partners ===

Revision as of 14:09, 8 December 2022

Euler is a next-generation lending protocol that enables the permissionless listing of assets.

Basics

"A decentralized lending protocol centered around reactive interest rate models."

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

  • EUL tokens could be claimed in 6-2022, starting Euler DAO governance.

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

"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

  • Had investment from Alameda Research/FTX, which came out (11-11-2022) during the FTX crash. This could mean fall-out risk.

Team, Funding, Partners

Team

  • Full team can be found [here].

Funding

  • FTX turned out to have invested $5.6M in exchange for tokens (8-12-2022).
  • 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).
  • From EthHub (31-8-2021):

"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."

Partners 

(:

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