Euler Integrates with M^0 to Advance DeFi Lending with $M and Modular Vault Solutions

‍Euler, an advanced modular DeFi lending platform, has become an approved Earner in the M^0 ecosystem. By becoming an Earner on M^0, the Euler Foundation is able to integrate the yield opportunities offered by $M into a diversification strategy on behalf of the Euler DAO, driving enhanced value for their treasury while reinforcing the broader adoption and success of $M. This initiative bolsters both M^0 and Euler’s intention to foster growth and innovation in DeFi, achieved by Euler’s modular lending solutions to contribute to and strengthen the M^0 ecosystem. With this integration, Euler will harness the power of Smart $M, a wrapper that simplifies and enhances on-chain money markets. 

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Euler’s latest version, Euler V2, represents a monumental shift in the world of decentralized lending. Built as a meta-lending protocol, Euler V2 empowers builders and institutions to create custom vaults by collateralizing any digital asset. This flexibility, combined with M^0’s robust stablecoin infrastructure, opens up new possibilities for lending, borrowing, and liquidity management.

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“We are very excited to support Smart $M on Euler in the Re7 Labs cluster. M^0 has brought an innovative, scalable and competitive solution to the industry that will help bring adoption to institutional grade players as well as a broader base of users through smart DeFi applications and use cases. Coupled with Re7 Labs’ expertise in curating markets this collaboration aligns with our mission to foster growth and innovation within DeFi, leveraging our modular lending solutions.“ — Michael Bentley, Co-founder and CEO of Euler Labs

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Additionally, as a whitelisted curator on Euler and Morpho, Re7 Labs, also an approved Earner in the M^0 Ecosystem, is expanding its efforts by launching its first $M vault, which was recently approved by M^0 governance and is now live. This vault allows depositors to supply $M against various collateral assets, driving liquidity and adoption within the M^0 ecosystem.

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In collaboration with Euler, Re7’s vault leverages Euler’s capabilities to enhance the utility of $M. By integrating $M into its vaults, Re7 Labs redirects $M earnings to vault depositors and offers incentives to bolster liquidity. 

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Looking ahead, M^0 and Euler are exploring deeper integrations to enhance the ecosystem and create new pathways for participation.

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About M^0 Ecosystem

‍M^0 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that powers a federation of cryptodollar issuers. With M^0, any number of independent institutions can tap on turnkey middleware to become the minter of a fungible cryptodollar asset.