Euler Unveils MEV-Resistant Fee Conversion Solution
Euler Unveils MEV-Resistant Fee Conversion Solution
馃攽 MEV-Resistant Fee Conversion
Euler has introduced a new fee conversion solution that automates the conversion of different token types into a single token through back-to-back Dutch auctions. This approach aims to minimize maximum extractable value (MEV) exposure and reduce reliance on price oracles. The auction frequency and predictability are fine-tuned to align settlements with consistent fee inflows. While this method reduces MEV exposure and oracle dependency, it may hit gas limits, affecting transfers and swaps due to the absence of a token sale cap. The solution enables the Euler DAO to convert fees from various assets into a unified, accumulated token, providing a passive income stream for vault creators while sharing a portion with the DAO in a decentralized and efficient manner.
Euler Fee Flow 馃У Our MEV-resistant fee conversion solution & how it stacks up with others:
Euler Finance Achieves $1B Lending Milestone
Euler Finance has reached a significant milestone, surpassing $1 billion in total borrows. The protocol demonstrates strong capital efficiency with utilization rates approaching 50%. Key metrics: - Total borrows: >$1B - Utilization rate: ~50% - Total deposits: $1B+ The platform combines flexibility with capital efficiency, setting it apart from competitors who typically excel in only one of these aspects. For detailed analytics, view the [Dune dashboard](https://dune.com/0xpibs/euler-finance) created by @0xpibs.
Euler Expands on Avalanche with weETH Integration
Euler has achieved a significant milestone as the first lending protocol to integrate Ether.fi's weETH on Avalanche (AVAX). The protocol continues to expand its presence on AVAX with multiple specialized markets: - K3 Capital's market offers bluechip assets with high LTVs - Re7Labs focuses on institutional-grade DeFi opportunities - MEV Capital provides AVAX-native optimized looping strategies Users can earn $AVAX rewards through various activities including supplying and borrowing stablecoins. A $500,000 incentive program for stables is currently active. [Explore Euler on Avalanche](https://app.euler.finance/?network=avalanche)
Inverse Finance Launches sDOLA Market on Euler Frontier
Euler Finance has launched a new isolated market featuring Inverse Finance's sDOLA, a yield-bearing stablecoin. The market offers: - Full loopability with unlimited caps - 94% max LTV ratio - $20,000 in incentives - Isolated risk architecture - Current 90-day average APY of 7.80% sDOLA generates yield organically through fixed-rate loans on Inverse's FiRM market. The asset is fully decentralized and operates without governance token boosters. [Explore the market](https://app.euler.finance/?asset=sDOLA&network=ethereum) Note: Euler Frontier operates as a permissionless template for isolated markets without active governance.
Euler's Fair Liquidation System Continues to Benefit Users
Euler's reverse Dutch auction liquidation system remains a standout feature in DeFi lending. The protocol automatically adjusts liquidation bonuses based on health scores, offering key advantages: - Prevents excessive penalties for borrowers - Ensures fair treatment during market volatility - Zero liquidation fees maintained This system has proven effective since 2022, protecting users during market turbulence while maintaining protocol stability.
EUL Launches New Cross-Chain Bridge Solution
EUL.Hermes has launched a new bridging solution built on LayerZero's OFT protocol, enabling seamless cross-chain transfers of EUL tokens. Key features: - Near-zero slippage on transfers - No size limitations on transfers - Compatible with multiple chains including Mainnet, Base, Sonic, and Arbitrum This upgrade builds on EUL's existing omnichain functionality through Stargate Finance, further expanding cross-chain accessibility.