Euler Finance's Fee Flow Mechanism
Euler Finance's Fee Flow Mechanism
Euler Finance has implemented a fee flow mechanism that allows users to auction off multiple tokens at once, build their own baskets, and avoid undesirable assets. This mechanism, which includes a dutch auction, saves on transfer costs by not explicitly holding assets. It aims to match the falling auction price with the value of the generated fees, offering a unique and efficient solution.
euler fee flow okay after looking at fee flow, @eulerfinance did a better job at "abstract away the selling of numerous fee tokens" problem than @uniswapfnd did. it auctions off multiple tokens at once, while buyers can build their own basket that excludes undesirable assets.
If I understand correctly, @uniswap appears to have independently innovated a mechanism for $UNI that is very similar to the FeeFlow mechanism we described in the Euler v2 relaunch announcement. FeeFlow gives the right for e.g. UNI token holders to acquire fees from a protocol,
馃攬 New Governance Proposal Posted 馃攬 UF Governance Lead @eek637 just posted a proposal to upgrade Uniswap Protocol's governance system. Specifically, this upgrade would reward UNI holders who have staked and delegated their tokens.
MixBytes Completes CapRiskSteward Audit
MixBytes has completed an audit of the CapRiskSteward risk management module, identifying 3 low-severity issues. The module enables authorized parties to adjust vault caps and IRMs within specified limits and cooldowns. This follows a March audit by Halborn Security of core vault infrastructure that found: - No critical/high-risk issues - 2 medium-priority recommendations - 3 low-priority items - 1 informational note The Halborn audit focused on Base deployments but applies to all networks due to shared architecture.
Relend Launches Stablecoin Market on Euler and Swell
Relend has officially launched its stablecoin market on both Euler and Swell platforms, introducing an innovative borrowing mechanism where users can earn while borrowing. This follows their successful February launch which saw $18M in deposits on day one. - Users can now participate in stablecoin markets - Platform offers unique earn-while-borrowing feature - Integration spans both Euler and Swell protocols The launch builds on Euler's existing WETH markets where users earn $SWELL tokens for supplying or borrowing assets.
Euler Finance Announces Blockworks Live Session
Euler Finance is set to host a live discussion session with Blockworks to share updates on their protocol development and recent growth metrics. - The team will provide insights into their latest projects and developments - Session will cover Euler protocol's recent performance and expansion - Community members can expect detailed discussion on protocol improvements This follows their previous successful community engagement session in October 2023 focused on Euler v2.
Vault Swap Launch: Seamless Position Switching Between Assets
**Summer.fi introduces Vault Swap**, a new feature enabling users to switch between different crypto positions efficiently. Key features: - Switch collateral or savings between vaults - No manual withdrawals needed - Complete transitions in a few clicks - Manage directly from portfolio page - Uses flash loans for seamless transitions The system automates traditionally complex processes like debt repayment, position closing, and reopening with new assets. This streamlines what was previously a multi-step process into a single transaction, saving time and gas fees. *Compatible assets include ETH and wBTC*
Euler Welcomes Zerolend as New Curator on Berachain
Euler, the lending super app, continues its expansion with Zerolend joining as a curator on Berachain. The partnership launches with: - 5 projects in their first market - $50,000 in incentives distributed across $POLLEN, $ZERO, $EO, and $REUL tokens Euler's modular framework enables builders to create various lending solutions, from credit delegation to fixed-rate lending. Recent integrations include @SuperlendHQ, @twynexyz, and @usualmoney, demonstrating the platform's versatility. The protocol shows strong growth metrics on Token Terminal, establishing itself as the fastest-growing lending protocol across daily, weekly, and monthly timeframes.