Bankless

Alpha Leak | The Bull Case for Euler

Oct 8, 2022

Michael Bentley, co-founder of Euler, dives into the innovative world of decentralized lending. He outlines Euler's unique approach, contrasting it with established platforms like Compound and Aave. The discussion delves into the intricacies of collateral risk management and introduces a tiered asset classification system. Bentley sheds light on Euler's pioneering liquidation strategies, including a Dutch auction model, and explores the significance of its DAO and governance token, $EUL, in shaping the future of decentralized finance.

54:12

Creator website

Episode guests

Michael Bentley

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Episode notes

Intro

4min

Exploring Euler: Innovations in Decentralized Lending

2min

Innovations in Decentralized Lending: Euler's Unique Approach

21min

Enhancing Web3 with Modular Blockchain Technology and Secure Crypto Management

3min

Innovations in DeFi Liquidations

20min

Exploring DAO Governance and Token Mechanics in Euler

3min

On this episode of Alpha Leak, David is joined by Euler Co-Founder, Michael Bentley. Euler is a non-custodial, permissionless lending protocol on Ethereum with some interesting features you should know about.

This episode was recorded in early July, but the alpha is still very timely.

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------ Topics Covered:

0:00 Intro 4:20 Euler Explained 5:30 Compound vs. Aave vs. Euler 6:10 Limited Assets on Compound & Aave 8:56 Euler’s Approach 10:00 Euler’s Collateral Risk Strategy 16:20 Cross Tier Differentiation 17:56 Tier Walk Through 22:08 Euler’s Features & DeFi Importance 30:11 Other Euler Features 30:48 Status Quo of Liquidations 36:27 Competition 38:08 Launch Turbulence 41:55 Interest Rate Mechanism 50:47 Euler DAO & $EUL 52:37 Euler Resources 53:15 Closing & Disclaimers

------ Resources:

Euler Twitter https://twitter.com/eulerfinance

Euler Website https://www.euler.finance/

Euler White Paper https://docs.euler.finance/getting-started/white-paper

Michael Bentley https://twitter.com/euler_mab

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

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