Euler

Euler Finance, a UK-based technology startup focused on building non-custodial protocols on Ethereum and other blockchains, has announced its collaboration with Omniscia for the audit of Euler v2. Omniscia, a security firm, will be auditing the upcoming version of Euler's protocol to ensure its robustness. The Euler team is committed to ensuring that v2 is as secure as possible and has expressed honor in partnering with Omniscia for this endeavor.

A UK-based technology startup focused on developing high-performance non-custodial protocols on the Ethereum and other blockchain networks has made an announcement on March 22, 2024.

Euler Finance, a UK-based tech startup focused on building non-custodial protocols on Ethereum and other blockchains, has taken an unprecedented step in ensuring the security and reliability of its code. The company has booked audits with multiple top-tier auditing firms, subjecting its codebase to an extraordinary level of scrutiny. This move demonstrates Euler Finance's commitment to delivering robust and trustworthy decentralized finance (DeFi) solutions.

Euler, a UK-based tech startup, has announced the launch of the largest audit competition in crypto history for their upcoming Euler v2 protocol. The competition, in collaboration with Cantina, aims to subject Euler v2 to rigorous audits by leading security firms like OpenZeppelin, Certora, Spearbit, Zellic, Trail of Bits, and others. With a goal of adding an extra layer of scrutiny and stress-testing the code to its limits, the competition will run from May 20 to June 17, with a code reveal scheduled for April. Euler has allocated up to $1 million for high vulnerabilities alone, and submissions will be evaluated by Euler, Spearbit, and Cantina. In the coming weeks, Euler plans to share its comprehensive security strategy for Euler v2, aiming to make it one of the most vetted contracts in DeFi.

In an upcoming protocol update, the company plans to allow a wider range of assets, including memecoins with attached JPEGs, real-world assets (RWAs), synthetic assets, and any ERC20 token, to be used as collateral. This move aims to provide more flexibility and accessibility for users within the decentralized finance ecosystem.

Euler Finance, a UK-based decentralized finance protocol, has announced a new feature that allows users to tokenize their vault shares. This enables lenders to lend these tokenized shares, potentially earning higher yields. Additionally, lenders can use these tokenized shares as collateral for riskier lending opportunities while keeping their original vault shares secured.

A UK-based tech startup focused on building non-custodial protocols on Ethereum and other blockchains has announced plans to introduce several capital efficiency features in the next version of their lending platform. These include rehypothecation, the ability to use vaults as collateral, and borrowing against yield-bearing collateral. Further details are expected to be provided in an upcoming litepaper.

Euler Finance highlights the changing credit markets in DeFi and encourages preparation for the upcoming Euler Finance v2. The tweet humorously mentions that bankers in suits only touch yield-bearing assets. Let's 'Make Euler Great Again'.

The user functi0nZer0 is currently speaking at the main stage of eth denver. The talk can be watched live for those who could not attend in person.

Doug Hoyte from Euler Finance is currently presenting 'Euler Vault Kit: A Lending Ecosystem Built on ERC-4626 Vaults'. The community is eagerly anticipating the launch of Euler v2, showcasing excitement for the upcoming features and improvements.