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Euler

About Euler​

Euler is a permissionless lending protocol that emphasizes capital efficiency and risk management, offering users an innovative collateral system to protect their assets.

By lending on Euler, you gain exposure to Swaap’s market-making strategy while enjoying the security and flexibility of Euler’s platform.

Why Choose Euler for Swaap Lend?​

  • Capital Efficiency: Euler’s lending model maximizes capital efficiency which Swaap to maximize capital usage while minimizing risk for lenders.
  • Proven Security: Euler’s infrastructure is built with rigorous risk management to ensure the safety of lenders. It boasts the largest smart contracts security budget ever.
  • Autopilot: Euler vaults are on autopilot, no need to adjust your position (although it’s recommended to follow latest news around the protocol to best monitor your position)
  • ETH & USDC Lending Options on Ethereum L1: Lend either ETH or USDC on Ethereum L1, using Swaap’s LP tokens as collateral.

How to Participate on Euler​

  • Step 1: Connect your wallet on Euler's web app
  • Step 2: Choose the Swaap Lend cluster for either ETH or USDC.
  • Step 3: Deposit your assets

Resources​

Euler documentation.

Disclaimer​

Please note that lending through the Euler platform involves certain risks. While Euler employs rigorous risk management practices, participating in Swaap Lend on Euler requires users to lend assets against collateralized LP tokens, which can be subject to market fluctuations and interest rate variations. As with any DeFi platform, there are inherent risks associated with smart contract vulnerabilities, market conditions, and potential liquidation events. Users are advised to conduct their own research and understand these risks fully before lending on Euler. Neither Swaap Labs nor Euler guarantees specific returns, and users are responsible for managing their own risk exposure. Swaap Labs does not assume liability for potential losses incurred through lending on Euler.