Euler

Euler Finance developed FeeFlow and RewardStreams modules for protocols with numerous pools like lending, synths, and swaps. The modules are expected to be widely utilized and potentially forked multiple times.

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 Finance highlights that Uniswap seems to have independently developed a mechanism for $UNI similar to Euler v2's FeeFlow mechanism. FeeFlow allows UNI token holders to receive fees from a protocol, rather than the protocol buying back tokens.

The news from the Euler community on 2024-02-19 discusses the intersection of modularity and seamless liquidity in their version 2 release.

Euler v2 is expected to become the leading platform for lending and borrowing LSTs and LRTs, offering capabilities not found in most existing lending protocols.

Euler Finance introduced a new ERC20 extension to facilitate integration into lending protocols as collateral, making the process 10 times easier. Those creating new tokens, especially LRT or LST, can reach out for more information.

The Euler community has decided to raise the EVC bug bounty to $200,000.

The Euler Foundation is excited to announce that Alisha has joined as a special advisor. With her expertise in building top-tier governance systems, Alisha will help enhance the governance experience for the Euler community. Stay tuned for updates on Euler's upcoming relaunch.

Euler Finance, hired to audit the EVC, will add $5k from their pocket as a reward for anyone who finds a critical issue in it. Excitement awaits to see the outcome.

The EVC now comes with pre-loaded features including sub-accounts, simulation tools, vault status checks, and a liquidations interface. Building from scratch is no longer necessary.