Welcome!

Happy New Year! December was a big month for Euler as we launched our mainnet!

Following November’s successful testnet, Euler rolled out its guarded mainnet launch, and we released our smart contracts on Github, including four of our audits.

The audit from Sherlock Protocol was also part of our new $10M partnership that will increase the protection and security of our users.

We’re also delighted to see the Euler mainnet launch highlighted by media such as CoinDesk and The Daily Gwei, among many others!

As we continue to take in feedback from users on our UI, we also launched a new feature, Euler’s Oracle Risk Grading System, which ranks markets ‘A’ to ‘F’ based on the risk of their Uniswap V3 price oracle being manipulated. Note that lending into anything with an oracle rating below B is extremely risky!

We recently announced our “Eulerian Trail” programme where video gurus, graphic designers, and content writers can create educational content about Euler and potentially win some rewards!

We also launched the 'DeFi 2.71' podcast hosted by Euler's Head of Risk Seraphim Czecker who talked about various DeFi topics with Evgeny from Re7 Capital in the first episode. You can listen to it on Apple and Spotify.

Euler has also been integrated into DeFi TVL analytical platform DeFiLlama, and DeFi portfolio tracker DeBank.

Since the last newsletter, we now have $41.57M in total supply, $29.31M in TVL, and $12.26M in total being borrowed across 23 new markets!

In Other News

CEO Michael Bentley was interviewed by Ashton Addison on the Crypto Coin Show to discuss Euler's mainnet launch.

Euler’s Head of Risk Seraphim Czecker was part of a 'gigabrain' panel on DeFi yield at DeFiCon in NYC in December, along with our friends from Maple Finance and Benqi.

Euler was mentioned as an upcoming innovation on the DeFi lend & borrow model in a 206 long tweet thread by Dev/VC/Professor/CT Influencer Adam Cochran.

Uniswap's founder Hayden Adams also mentioned Euler in two separate tweets (1, 2) about Uniswap's V3 TWAPs.

If you're in France (or nearby) come meet the team and see Euler CEO Michael Bentley as a key speaker at the Paris Blockchain Week Summit from April 13th-14th 2022.