Securitize and Euler Enable Tokenized Funds as DeFi Collateral

Euler has introduced a new feature that displays **projected Return on Equity (ROE)** directly in the position preview interface before users execute leveraged positions. The update allows users to see how three key factors impact their potential returns: - Lending yield - Borrowing costs - Leverage multiplier This builds on a recent enhancement where Euler added **utilization-aware projected yield** displays. Users can hover over Net APY to inspect projected market rates and see detailed breakdowns of lending yield, borrowing costs, intrinsic yield, and reward campaign contributions. The feature aims to provide greater transparency and help users make more informed decisions when using Euler's leveraged lending positions.

Euler has introduced a new feature that displays **utilization-aware projected yield** to users. The update allows users to hover over the **Net APY** metric to view: - Projected market rates - Lending yield contributions - Borrowing costs - Intrinsic yield - Reward campaign impacts This enhancement provides greater transparency into yield composition, helping users understand the various factors contributing to their returns on the Euler protocol.

Euler has introduced new transparency features for its lending markets. Users can now view: - **Collateral assets** backing current borrowing positions - **Live exposure metrics** showing real-time risk levels - **LTV (loan-to-value) settings** for each vault This update builds on recent improvements to Euler's refinance flow, which already allows users to move debt and collateral across vaults in a single transaction. The enhanced visibility helps users make more informed decisions about their lending and borrowing positions by providing clear insight into the underlying collateral supporting each market. The changes are live now on [Euler](https://euler.finance).

Following the Resolv security incident involving unauthorized USR minting, Euler has provided an update on affected markets: **Current Status:** - Euler Yield market on Arbitrum remains paused with ~$500k USDC loans backed by RLP collateral - Resolv-related Frontier markets on Plasma paused with ~$50k in loans against USR collateral - Team awaiting guidance from Resolv on next steps **Precautionary Measures Taken:** - RLP disabled as collateral in Arbitrum Euler Yield vault - Euler Earn USDC on Arbitrum no longer allocates to Euler Yield **Expected Resolution:** Based on Resolv's commitment to honor pre-hack USR redemptions at 1:1, the Plasma market is expected to settle gradually over time. Euler continues monitoring the situation and will share updates as information becomes available.

Euler's Euler Vault Kit (EVK) introduces a flexible architecture allowing **multiple vaults for the same underlying asset** with different risk parameters. **Key Features:** - Curators can create both conservative and aggressive markets for identical tokens - Each vault operates in complete isolation from others - Vaults can accept other vaults as collateral through the Euler Vault Connector (EVC) **Benefits:** - Expanded asset options for borrowers - Increased liquidity across markets - Customizable risk profiles for different user preferences Users can explore vault relationships and connections at [explorer.euler.finance](http://explorer.euler.finance). This modular approach gives DeFi users more choice in how they interact with lending markets while maintaining security through vault isolation.