Euler Labs has released Euler v2, a development kit for deploying ERC-4626 vaults with customizable lending risk management features.
Euler Finance released a modular credit layer nearly 18 months after a flash loan attack wiped out millions of dollars from the decentralized finance protocol.
The credit layer, known as Euler v2, is a development kit for deploying ERC-4626 vaults that allow users to manage lending risks and build customizable vaults. As a result, the solution allows users to choose between risk-isolated lending pairs or cross-collateralized vault clusters, as well as passive lending or fixed-parameter vaults, Michael Bentley, CEO of Euler Labs, told Cointelegraph. According to him:
Vaults on Euler v2 are agnostic about governance, risk management mechanics and asset pricing and can hold non-fungible tokens (NFTs), tokenized real-world assets (RWAs) and natively minted synthetic assets.