11min chapter

The Scoop cover image

Euler co-founder reflects on $195m hack and how DeFi protocols are becoming more robust

The Scoop

CHAPTER

Enhancing Security and Modularity in Euler V2

The chapter explores the aftermath of a significant exploit in Euler V1 and the improvements made in Euler V2 regarding security measures. It emphasizes the importance of simplicity, thorough testing, and engaging in code audit competitions to enhance security practices. Additionally, it delves into the modular concept of Euler V2, allowing users to create customizable and secure lending pools using modular components compared to its competitors like Ave and Compound.

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