Getting optimal yield has been very difficult in the past. A multitude of synthetic assets and derivatives (especially LSDs) allow for multiple variations of generating income.
One could either add them to DEX pools to earn fees on the high volumes or leverage them on lending protocols.
eulSynth is the first protocol that allows for streamlining all of those income sources at the same time.
Balancer and Euler are both highly composable protocols, however, their composability comes with a high degree of complexity.
Balancer for instance allowed us to select from a multitude of Stable Pools, each of which have highly specific parameterizations. On top of that, Euler's implementation of the Vault Connector is entirely new, as such, we had to take a long time to even just understand how we could make them work together.
Tracks Applied (3)
Chainlink
Euler
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.
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