Euler Governance Token

About Euler Governance Token

EUL is the native governance token for Euler Finance, a non-custodial, permissionless lending protocol. Designed to facilitate the creation of decentralized lending markets for a wide range of crypto assets, Euler focuses on the long tail of less liquid tokens. The protocol introduces innovations such as reactive interest rates, protected collateral, and MEV-resistant liquidations. EUL holders can participate in protocol governance, including the management of the treasury and voting on protocol upgrades and risk parameters. The protocol utilizes a modular architecture to provide flexible and secure lending-borrowing services across multiple blockchain networks.