Permissionless DeFi Lending Protocol:Euler Finance
Before the DeFi Summer of 2020, DeFi applications mainly focused on lending protocols like Maker and Compound. Aave and Curve emerged as newer projects. Euler XYZ introduced the open lending protocol Euler, enabling any token with a WETH pair on Uniswap V3 to be listed. Euler enhances liquidity and risk reduction, launching on the mainnet on December 13, 2021, as per the official whitepaper.
Posted by Andylinee on Wednesday, April 12, 2023