Euler Labs Newsletter June Summary
Let's recap what has happened over the past few weeks!
If you read the last newsletter, you’ll know the labs team has been quite busy over the last month, so here’s a summary of all the other major events in June!
It’s time to celebrate as EulerDAO is now live!
The Delegates page is up, so users can now apply to become a delegate to improve governance and the protocol.
A Governance Proposal Creation Tool was launched to aid in creating proposals.
Euler Gauges are now open for voting. Stake EUL to vote on future distribution.
eIP12 aims to adjust UNI, LINK, and MATIC parameters to improve their Risk Profiles.
A new proposal on the forums looks to allocate some of the treasury to Circle's EUROC and WETH.
Joining the Euler Labs team is Alicia Katz, our newest Head of Marketing; Jungyoon Lim, our new Risk Intern; and Katheryn Milligan, our new Research Intern.
Euler protocol was integrated into Idle Finance’s Perpetual Yield Tranches and also mentioned in their report on DAOs.
Timeless Finance added an ERC-4626 wrapper for Euler protocol's eTokens to yield daddy.
OurNetwork highlighted Euler protocol in their latest issue on decentralised lending.
AladdinDAO had a research meeting to discuss Euler Finance.
As centralised B&L platforms suffer with contagion, Hasu pointed out that Euler protocol is in a better position than ever.
Rari Capital's Jack Longarzo gave a shoutout to Euler protocol's deferred liquidity checks.
Euler protocol currently has a total supply of $355.25M with TVL of $213.00M and $142.24M in total borrowed, while the reserves have increased to $853.06K. There are 4,044 lenders and 722 borrowers over 65 markets.
In Other Labs News
Check out a recording of Michael speaking with Synthetix Ambassadors in their Spartan Call.
Seraphim talked with ReFi’s head of investments about current market conditions, security in DeFi, and how Euler is leading the charge.
Seraphim also spoke with VanEck's Matthew Sigel and Pranav Kanade about crypto collateral and the DeFi Disruption.
Brandon was interviewed in Time about crypto under the current volatile macro markets.
Seraphim will attend ETH CC5 in Paris from July 19-21. Come say hi if you're going.
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