Euler

Euler (EUL) is a digital token operating primarily within the Euler ecosystem, a platform designed for various financial activities in the decentralized finance (DeFi) sector. As a cryptographic token, EUL functions as the native utility token of the Euler platform. It's built on Ethereum, following the widely-accepted ERC-20 token standard which ensures compatibility with a broad range of wallets and exchanges.

Euler, the platform for which the EUL token is named, is a decentralized protocol that enables users to lend and borrow a wide array of digital assets. This platform distinguishes itself by providing advanced features such as permissionless lending, where users can list any asset for lending without the need for a governance vote. Furthermore, Euler offers tools for efficient risk management and optimization of capital efficiency in DeFi operations. The project aims to contribute to the broader DeFi ecosystem by offering a user-friendly, yet intricate platform supporting various DeFi strategies.