Euler Finance Launches New DeFi Lending Platform in Crowded Market

Posted on by American Coins & Gold

Euler Finance Launches New DeFi Lending Platform in Crowded Market
A new decentralized finance (DeFi) lending platform has launched on mainnet today, with its backers hoping a focus on long-tail assets and unique features can help it carve out market share.On Monday, Euler Finance announced their mainnet launch after 15 months of development. The platform allows for permissionless lending and leverage, and according to a demo showed to CoinDesk, boasts a number of features that may help it stand out in a competitive lending space.Euler’s key feature is that users can borrow multiple assets at once while also posting multiple forms of collateral at the same time, which will streamline…