Michael Bentley
@euler_mab
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Co-founder and CEO of Euler Labs @eulerfinance. Previously dynamical systems postdoctoral research scientist @UniofOxford.
Ethereum
Joined September 2020
When we first viewed our house, the tenants stood silently in a line as we walked through. The neighbours said they gave off cult vibes. The house is from the 1800s, with a basement that was partially sealed off, full of asbestos. Today we finally had it cleared. Behind the
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What other protocols are calling ‘risk curators’ are really fund managers or capital allocators. On Euler EVK, risk curators don’t allocate capital, they curate risk parameters. Euler Earn will allow for capital allocators to allocate to fixed or variable rate EVK pools.
I don’t think “risk curator” is anywhere close to the activities and business we currently attribute to such actors. Crypto jargon aside, what would they be named in tardfi?.
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Fixed term fixed rate loans didn’t work well in the early days of DeFi. That’s not to say they won’t scale better tomorrow. Too often people assume that protocols are frozen in time with what they have today. The reality is innovation is happening all the time behind the scenes.
@eldarcap @aave @MorphoLabs @0xfluid @eulerfinance @compoundfinance Hard disagree tbh. No real world underwriter will touch a lending protocol with utilisation rates, they are a mockery of interest rates. Vast majority of the financial system won’t use inefficient DEX pools. They save every BPS, won’t be losing money to bootstrap idle liquidity.
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RT @LazPieper: Sitting in on Storm’s trial, I can’t help but feel violated in getting an up close experience of how the government can cher….
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EUL going to Coinbase!.
Assets added to the roadmap today: Bio Protocol (BIO) and Euler (EUL).
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Is the yield real? I argue that it is. Even when it’s packaged up in silly points campaigns, which I generally don’t like, it’s still real yield and not that different from corporate debt.
⚡ @hexonaut, @vik_runa, @0xmikko_eth, @euler_mab, @TheRealStone asked the big question: is DeFi yield real?. Where does it come from, and how can we tell what’s sustainable, speculative, or Ponzinomics?. Session on lending, points, and onchain risk:
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Marc thinks this is some kind of gotcha, but as usual only showing how ignorant he is about how Euler works. Here’s a screenshot of my list of priorities for Objective labs and their role within Euler. It’s true they are great at analysing incentives and how they are used on
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This is a new narrative being pushed. I would love it if we had the budget to rent the amount of TVL we have. Utter nonsense, but nothing I haven’t come to expect from these people.
@hasufl Rented tvl is an amazing drug.
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New EulerSwap use cases keep dropping. Get paid to deleverage your position! . Plenty more to reveal soon.
I got PAID to close a leveraged position 😎. Here's how I turned an unprofitable $deUSD loop on @avax into a win using @eulerfinance's EulerSwap. Quick thread on the setup and why this was such an EUL(r)eka moment for us🧵 👇.
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RT @cantinaxyz: Cantina currently supports over $34M in active bug bounty rewards. To date, $11.2M in payouts has been distributed to top s….
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Euler-powered credit cards are live! . Borrow against your crypto for payments in the real-world. Enabled by the super team @BrahmaFi, built on @base.
1/ The first Euler-powered credit cards are here. Making real-world payments with crypto without selling it is now possible. Borrow in real time, directly from your positions on Euler. Launching on @Base. Enabled by @BrahmaFi Cards.
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Really interesting thread to read from a crypto OG. Tldr is Robert bought some company stock hoping to turn its fortunes around. Sounds like he got a bit rekt along the way thanks to a lack of transparency in share issuance processes. Good take home message at the end.
Unironically, this is something crypto fixes. Tokenized shares provide a real-time level of transparency orders of magnitude better than what traditional broker-dealers, transfer agents, and exchanges could ever hope to provide.
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Euler now live as a mini app for Telegram.
It’s here. Euler is officially live on Telegram via @TacBuild. 1 billion users can now lend and borrow as easily as sending a message. Incentives: $300K $TAC + $100K rEUL
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RT @DefiantNews: From a $200M exploit to $1B in loans, @eulerfinance's comeback is the ultimate DeFi success story. 💪. In this podcast, CEO….
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RT @BarterDeFi: Welcome, EulerSwap to the Barter routing engine 🙌.With this integration now live, users accessing CoWSwap, ParaSwap, and Un….
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They mistook a forwarded message from a journalist asking how laundering typically worked as being an original message from the Tornado team asking how to launder a large sum of money. This reflects very badly on the prosecution.
DOJ prosecutor used misattributed quote to show Tornado Cash team's 'consciousness of guilt'
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RT @PolitlcsUK: 🚨 NEW: Rachel Reeves is set to introduce a “new Big Bang” by slashing regulation on financial services next week. She will….
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RT @eulerfinance: In January, Euler had just 3K monthly users. Today, it’s the 3rd most used lending protocol.
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RT @sarthak_1806: If just in time liquidity has a million fans, then I am one of them. If just in time liquidity has ten fans, then I am….
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