FEATURES
Powered by modularity
MODULE 1
The Ethereum Vault Connector (EVC)
The EVC serves as the foundational module for lending activities within the Euler ecosystem and beyond. It facilitates the interconnection of vaults within the ecosystem, enabling seamless communication and the utilisation of each other as collateral. With each new product integrated into the ecosystem, it contributes to the expansion of every protocol within, leveraging unparalleled network effects to drive overall growth.
MODULE 2
Euler Core
The Euler Core module allows users to lend and borrow the most popular digital assets with unparalleled capital efficiency. Core vaults are governed by the Euler DAO to help manage risk, and further protected by advanced risk management features, including a best-in-class liquidation module, where loans over $10k are liquidated by a market-driven process that is ~85% cheaper than on other protocols. Core vaults are priced using secure Chainlink price oracles.
MODULE 3