Contributors Blog

Which is better? I recently saw this claim: “If a smart contract is feature-oriented, then it is a product, not a protocol.” I thought this was an interesting distinction worth exploring in more detail, especially given the current trend of people advocating for the development of more primitive, base layer-type protocols. Distinctions The traditional definition of a protocol is a set of simple rules determining how information is transmitted between different parties or devices. The Inter

tl;dr SSTORE is one of the most expensive EVM opcodes. A savvy developer always optimizes their smart contract to use SSTORE in the most efficient manner. However, there’s a catch buried in EIPs that nobody talks about. Or at least, I haven’t encountered any information about it until today. tl;dr, Read the Conclusion. Background There are a ton of resources out there that can teach you how to reduce and optimize the gas consumption of your smart contract. Recently, I went through some of th

Euler Finance’s frontend has had a significant improvement to the health monitor! Thanks to the hard work of contributors, users can clearly understand the risk of other events while having no effect on a position. Given that this is a simulation (and has no effect on the user’s existing position), this will assist a significant refinement in risk management. Thanks to this boost to the Health Monitor, Users can now have a much clearer idea of what conditions might be met in order for their acc

Halborn Security was recently asked by Euler to assess the protocol’s smart contracts over a month period, from 8th May to 4th June, as an additional layer of security and assurance, in addition to a previous audit by Solidified and ZK Labs. The team at Halborn found an overall satisfactory result which has now been made publicly available on Github here. The Halborn team ranked their risk assessment methodology by measuring the likelihood of a security incident and the impact of such an incid

A tool was released which allows users to simulate and quantify attack risks on Uniswap V3 TWAP price oracles. Introduction An increasing number of DeFi protocols, Euler included, rely on Uniswap v3 price oracles. These oracles take the average of the spot price on Uniswap v3 for an asset over some specified period in the past; that is, they give a time-weighted average price (TWAP) for an asset, rather than just a current price. Although truly decentralized, and much more resilient than the

The ImmuneFi Bug Bounty programme aims to strengthen Euler protocol’s security while boosting collaboration with the greater DeFi ecosystem as part of an insurance partnership with Sherlock Protocol. Euler protocol is kicking off a $1 million bug bounty programme with ImmuneFi as part of a $10 million insurance partnership with Sherlock Protocol. This initiative will center on covering Euler protocol’s smart contracts and incentivise ethical reporting of potential security vulnerabilities or e

Check out a new Euler Dune Analytics dashboard created by ShippooorDAO. A new community-built Dune Analytics dashboard was created by Euler protocol’s latest partners, ShippooorDAO. The dashboard features a number of unique analytical sections that present visualisations of key Euler metrics, starting with a historical Total Value Locked (TVL) and number of unique wallet interactions (users) on the platform. ShippooorDAO created an in-depth look at borrowing activity with breakdowns of assets

Euler is excited to announce a partnership with risk management platform Sherlock Protocol in a $10M collaboration that will increase the protection and security of Euler protocol users. Sherlock has audited Euler’s smart contracts and is also providing insurance coverage for the Euler platform, having started from the very first day of launch. Sherlock is designed to offer affordable, reliable coverage against smart contract exploits through its unique security focused ecosystem. The Euler co

As the Euler protocol amplifies the process of decentralisation, the governance forum has launched as a place where users are able to discuss ideas, comment on governance proposals and get involved in the building of the Euler protocol. Even though users are not able to vote on proposals as the EUL token has not been distributed yet, this will be the blueprint for the discussion of important changes to the Euler protocol. The governance forum can be found here: https://forum.euler.finance/ e