⚡️Eulend Recap + What’s Next?
Eulend has redefined lending and liquidity provision in DeFi, bringing a fresh approach to how ETH and stablecoins work together in the Ethervista ecosystem. Let’s revisit its unmatched benefits and take a look at the road ahead.
Why Eulend Stands Out:
- Single-Sided Liquidity, Optimized Profitability:
With idle Ethereum or stablecoins, you can now earn ETH without the complexity of traditional dual-sided LPing. Provide ETH, and it’s automatically paired 1:1 with USDC or USDT from borrowers. The paired assets generate LP fees and protocol fees from the ETH/USDC or ETH/USDT pools. Unlike traditional LPs, ETH lenders on Eulend earn from all lending pools simultaneously, amplifying profitability while keeping liquidity provision simple.
- Borrowers Earn, Too:
Borrowers provide only stablecoins like USDT or USDC, avoiding the need to contribute ETH. Not only do they maintain their token holdings, but they also earn 60% of the LP rewards generated by the shared pools, creating a system where borrowing becomes highly incentivized and profitable.
- Unmatched Flexibility with Feeless Flashloans:
Any ETH not yet paired with stablecoins is available for feeless flashloans. This unique feature puts idle ETH to productive use, benefiting borrowers, arbitrageurs, and the ecosystem as a whole by enhancing trading efficiency.
The Impact So Far:
In just 4 days:
$50,000+ in stablecoins borrowed.
15+ ETH provided by lenders.
What’s Next for Eulend?
- Scaling Liquidity for Lower Trading Costs:
As more lenders and borrowers join Eulend, the system creates even deeper liquidity pools. This makes Ethervista the go-to DEX for affordable stablecoin swaps. In fact, thanks to our flat-fee model, trades of $2,000+ are already cheaper than Uniswap.
- Expanding Token Pairs:
We’re working to introduce popular tokens like wBTC and memecoins to Eulend, responding to community demand. This expansion will unlock more opportunities for lenders and borrowers while driving liquidity to the broader Ethervista ecosystem.
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