Euler Labs

Hello to all the builders at ETHGlobal 🇹🇭! Love telegram and are excited about Euler? Combine both, build an euler telegram app and compete for $5,000 in prizes. Learn more: https://lnkd.in/gXx_7Yck

Euler v2 has surpassed $40 million in deposits. It's great to be back! We have much to unveil in the weeks and months ahead. Onwards and upwards.

Users on Euler are getting paid when borrowing on Euler Prime. Borrowing APY for cbBTC is currently in the negative double digits. Powered by rEUL rewards (1:1 locked EUL). Borrow cbBTC from Euler Prime: https://lnkd.in/gcnXgYa3

rEUL rewards are expanding! Euler is introducing more ways for you to earn rEUL: • Supply WETH • Supply cbBTC • Borrow USDC • Borrow cbBTC Each category will earn 1785 rEUL - Vault links (↓) - Supply WETH: https://lnkd.in/gymEp-a9 - Borrow USDC: https://lnkd.in/g9eEiNzW - Supply or Borrow cbBTC: https://lnkd.in/gp8z_p7Z

Collateralised lending meets market making strategy. Introducing Swaap Labs markets on Euler: Users can lend USDC or wETH with LP tokens as collateral. - $12,500 in rewards for USDC and wETH suppliers - Euler matching rewards Market link & current APYs in the comments (↓)

New incentives are now live on Euler Prime — powered by Midas: • $10,000 USDC rewards to USDC lenders • Euler matched rewards ($20,000 total) • Use $mTBILL to borrow USDC Market link ↓

Rising up from the ashes. Euler v2 hits over $25M in deposits. Thank you for all the support so far. 

Earlier this week, Euler made two major announcements that will shape its future: 1. Real token rewards with rEUL (“ROYAL”) — a 1:1 locked version of EUL tokens to reward users on Euler. Users can earn rEUL by supplying USDC to Euler Prime, with more markets to be supported soon. To learn more about how rEUL works, read our thread: https://lnkd.in/gtz3bZhW 2. Euler Prime — a bespoke lending market designed to deliver the most capital-efficient lending experience. - 12 collateral assets ($LBTC, $WBTC, $cbBTC, $tBTC, $sUSDS, $USDs, Smart $M, $mTBILL, $cbETH, $wstETH, $WETH, $weETH) - Unique LTV for each pair (no need for eModes on Euler) - Supports carry trades between yield- and non-yield-bearing assets To learn more about the possibilities of Euler Prime, read the full thread: https://lnkd.in/gQeekrS6

Just a few weeks after launch, Euler's ecosystem is already blooming, with new integrations and vaults in the pipeline to be launched soon.

Introducing Stablecoin Maxi: A bespoke lending product to offer unparalleled capital efficiency for trading stable assets. Welcome to Euler Ondo Finance, Ethena Labs, Angle Labs and Usual. We're extremely proud to see this built on Euler just a few weeks after launch. 3 curators. 6 stable and yield-bearing assets. 2 weeks to build. All the assets in Stablecoin Maxi have highly correlated prices, allowing for pairwise LTVs between vaults to be optimised for maximum capital efficiency. No need for special eModes. And there's no liquidation fees for borrowers or punishing liquidation penalties as there is on many other lending protocols. The bonus paid for liquidation is settled by auction, giving rise to the lowest liquidation costs on Euler of any DeFi lending protocol. As liquidity grows inside these vaults, future vault creators may opt to rely on these as collateral for their own new vaults. This feature, which is unique to Euler, helps vault creators to bootstrap borrowing inside new markets. For Stablecoin Maxi vaults, it means more utility and liquidity. For users, it means more capital efficient lending and borrowing. Just build on Euler.