🚀 Big news from Euler Finance! The decentralized finance lending platform has just launched a new hybrid token called Maxi. Announced on Sept. 16, Maxi aims to offer greater capital efficiency and risk mitigation through a blend of assets and cross-collateralization.

🔗 Maxi is backed by a diverse range of assets, including tokenized treasury bills, yield-bearing tokens, synthetic dollars, and fiat-backed stablecoins. Key assets include Ondo Finance’s USDY, Usual Money’s USD0, Ethena’s USDe, and Circle’s USDC.

💡 Users can earn rewards by collateralizing sUSDe and USDe or lending and borrowing with USD0, stUSD, and USDC. Incentives include Ethena’s sats, Usual Money Pills, and Angle Protocol’s ANGLE.

🏦 Institutional asset managers like K3 Capital and MEV Capital will manage Maxi’s vaults for optimal efficiency and safety.

🛡️ Despite a $197M flash loan attack in March 2023, Euler Finance recovered over $177M, showing resilience and commitment to security.

💬 What do you think about Maxi’s potential? Share your thoughts in the comments!