DeFi Project Spotlight: Euler Finance, the Next-Generation Money Market

Key Takeaways

  • Euler Finance is a second-generation DeFi lending protocol custom built to allow permissionless lending and borrowing of long-tail crypto assets.
  • Euler has innovated and built a number of novel DeFi features, including asset tiers, reactive interest rates, risk-adjusted borrow factors, Dutch-auction liquidations, protected collateral, and batch transactions.
  • On Euler, anyone can create a money market for any crypto asset with an ETH liquidity pair on the Uniswap V3 decentralized exchange.

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