Euler Finance(EUL) Token Unlock
Euler FinanceEuler Finance will unlock 43.96k $EUL tokens on 12th, Sept, constituting approximately 0.24% of the currently circulating supply.
What Is Euler Finance(EUL)?
The community are holders of a protocol-native governance token called EUL (pronounced 'oil'), which enables the community to effect change over the Euler Protocol code. Tokens can be used to propose upgrades to the protocol or vote on the proposals of others. EUL tokens represent voting powers over the protocol.
Euler is a non-custodial permissionless lending protocol on Ethereum that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.
Euler features a number of innovations not seen before in DeFi, including permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools, and much more.
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